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Pictured: Regulars watch the race on tv at Cresselly Arms pub in Cresswell Quay, Pembrokeshire, Wales, UK. Thursday 16 March 2017<br />
Re: A racehorse owned by a syndicate from Pembrokeshire which was a favourite to win at this year's Cheltenham Festival, has lost.<br />
Tobefair, a seven-year-old gelding, has won his last seven races.<br />
He was gifted as a colt to Michael Cole three years ago, in return for looking after two fillies on his farm.<br />
Unable to afford the training costs on his own, he decided to offer 50% of the ownership to people he knew through his local pub, the Cresselly Arms at Cresswell Quay Quay.<br />
The syndicate grew to 17 members but none except Mr Cole had owned a racehorse before.<br />
They said they were amazed when Tobefair started winning races and never dreamed he would make it to Cheltenham.
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Pictured: Regulars watch the race on tv at Cresselly Arms pub in Cresswell Quay, Pembrokeshire, Wales, UK. Thursday 16 March 2017
Re: A racehorse owned by a syndicate from Pembrokeshire which was a favourite to win at this year's Cheltenham Festival, has lost.
Tobefair, a seven-year-old gelding, has won his last seven races.
He was gifted as a colt to Michael Cole three years ago, in return for looking after two fillies on his farm.
Unable to afford the training costs...
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