OWNERSHIP
Racehorse ownership offers a range of options to suit different preferences and budgets:
Sole Ownership: In this form, you are the sole owner of your horse. You bear all costs and enjoy all profits. You also have the exclusive privilege of choosing colours and names if the horse is unnamed.
Co-Ownership (Syndication): Co-ownership involves multiple owners sharing the expenses of buying, training, and racing a horse. It's a cost-effective way to enjoy racehorse ownership with others, spreading the financial burden.
Joint Ownership: Joint ownership typically includes two to twelve registered individuals who collectively own the horse. All owners share responsibility under racing regulations.
Racing Partnership: This arrangement involves two to twenty individuals, with at least two being registered owners. Two of these registered owners become nominated partners who share joint and several liability according to racing rules.
Company Ownership: A company can own a racehorse, with shareholders participating in ownership through their shares. This method can also serve as a form of advertising if the horse is named after the company, particularly if it's an unnamed horse at purchase.
Racing Clubs: Racing clubs offer an affordable entry into racehorse ownership. Members typically pay a one-time annual or monthly subscription fee. As a club member, you enjoy the benefits of ownership without the direct responsibilities and costs associated with sole or shared ownership.
These various ownership structures provide flexibility and accessibility, allowing individuals and groups to engage in the exhilarating world of racehorse ownership in a manner that suits their preferences and resources.
Please reach out for a discussion and we can talk you through which route could be best suited for you