 It has become increasingly common in the last few decades for horses to be owned by syndicates or partnerships.Notable examples include the 2005 Epsom Derby winner Motivator, owned by the Royal Ascot Racing Club, 2003 Kentucky Derby winner Funny Cide, owned by a group of 10 partners organized as Sackatoga Stable.2008 Kentucky Derby winner Big Brown, owned by IEAH stables, a horse racing hedgefund organization.