Michelle Payne after riding Prince Of Penzance to victory in the 2015 Melbourne Cup.
Michelle Payne after riding Prince Of Penzance to victory in the 2015 Melbourne Cup. JULIAN SMITH

Payne hoping to find Cup winner for women's syndicate

MELBOURNE Cup-winning jockey Michelle Payne will train for a women-only syndicate and hopes to find it the 2017 Melbourne Cup winner in Europe next year.

Payne has joined forces with noted syndicator Darren Dance's Australian Thoroughbred Bloodstock to promote the Women In Racing syndicate.

This year ATB's Heartbreak City was just beaten by Almandin in the Melbourne Cup.

Payne will travel to Europe in the middle of the year with Dance to try out prospective Melbourne Cup candidates.

ATB and Payne believe there is a market for women-only investors in racing.

"It would be great to find a horse to run in a Melbourne Cup for the Women In Racing syndicate,” Payne said.

"I will go to Europe midyear with Darren and be guided by him but I will try them out to see what I think.”

Payne is hoping to be reinvited to ride in the Shergar Cup at Ascot in August and hopes to go then.

Dance said 80% of his clients were men and he was hoping in the future it would be a 50-50 split.

Dance has already purchased three horses for Payne for the Women In Racing syndicates and said they were filling quickly.

"We think this association can deliver on some themes about women and racing that are close to my heart and open the door for many, many more women to experience the thrill of part-ownership of a racehorse,” Payne said.

Payne said her first winner as a jockey-trainer, Duke Of Nottingham, was raced by school friends from Loreto College, Ballarat, and they had had a great time.

"There are a lot of reasons why women don't get involved in racing and we want to bust some of the myths,” Payne said.

Payne won the Christmas Stakes on board Lucky Liberty at Caulfield on Monday.