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Ownership
Get your heart racing!..
In good times
and bad, we all need a little something to lighten our lives and give us a buzz.
Owning a racehorse is designed to do just that and really is affordable for
everyone now. Everyone can enjoy the fun and excitement of going racing to see
their own horse – whether as an individual owner or as part of a syndicate…
We want you to be involved! You are always welcome at the yard as are your
family and friends. Whenever you want to view your horses, you just need to
ring Pat to arrange a suitable time.
The ownership option most suitable for you will vary depending on your budget
and the amount of involvement you would like. The different types of racehorse
ownership are listed below. For further details, the BHB website has produced a
very helpful
online ownership brochure which has loads of information for new owners.
Sole Ownership
This is the form of ownership when you are the sole owner. You are responsible
for all costs and profits. You have sole choice of colours and the name of the
horse (if not already named).
Co-Ownership
Co-ownership of a racehorse involves more than one person. The 4 different types
of co-ownership are listed below:
Company Ownership
This is a way of using your company to own a horse. It is a fantastic way of
advertising your company or perhaps a way of bringing company members/employees
together. You can name the horse after your company providing you buy a horse
that is un-named. If an horse is already named, you can own it in under your
company name.
Joint Ownership
This type of ownership can consist of between 2 to 12 people. The horse or
horses can run in a joint ownership name.
Racing Partnership
This form of ownership can consist of between 2 to 20 people of whom 2 must
become or perhaps already are registered owners.
Leasing
This form of ownership avoids a capital outlay for a racehorse. It can be set
up for a certain period of time, perhaps one season or for even longer. This
involves the owner paying for a horses cost of training for an agreed period
however you enjoy the pleasures of going racing as an owner and also the prize
money!
Racing Clubs
These have become a very popular way of dipping your toe in to the water and
taking advantage of the social side of racing. There are several different Clubs
at varying entrance prices. They are not an independent form of co-ownership.
Therefore by joining or becoming a member of a racing club you receive all the
benefits of that club but you are not entering into racehorse ownership
yourself.
Costs
Please
click here to view our various costs
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