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OWNERSHIP OPTIONS
Sole Ownership
This is the form of ownership where you are the sole owner. You are responsible for all costs and profits. You have your own choice of colours and names (if the horse is not already named).
Joint Ownership
Can consist of between two and twelve individuals, all of whom must become, or already be, registered owners. All owners are severally liable under the Orders and Rules of Racing.
Company Ownership
This is a way of using your company to own a horse. The company is in effect a ‘sole owner’, but shareholders in the company participate in racehorse ownership through their shareholdings. It can be great way of advertising your company. The horse can even be named after your company, providing you purchase a horse that is unnamed.
Co-Ownership (Syndicates)
Co-ownership (or as commonly known ‘the syndication’) of a racehorse involves the participation of more than one owner. It is effectively any type of racehorse ownership other than sole ownership. It provides a cost-effective way to get involved in racehorse ownership by allowing co-owners to share the costs of buying, training and running racehorses.
Racing Partnership
Consists of between two and 20 individuals of whom at least two must become, or already be, registered owners. Two of those registered become nominated partners who are jointly and severally liable under the Orders and Rules of Racing.
Racing Club
Racing clubs offer a low-cost introduction into racehorse ownership. It requires either a one-off annual or monthly subscription. By becoming a member of a racing club, you receive all the benefits of that club without having to enter into racehorse ownership directly.
If any of the above options are of interest to you, please get in touch with the office to find out more and have a chat with our friendly team.
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