Ownership

Ownership


There are many different ways you can become involved in racehorse ownership. The main thing to remember is that owning a racehorse or at least part of one, does not have to be expensive.


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:-


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 names (if the horse is not already named).


Co-Ownership

Co-ownership of a racehorse involves more than one person. The several different types of co-ownership as listed below:


1. Company Ownership

This is a way of using your company to own a horse. It is a great 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. You can also run a horse that is already named but owned by your company.


2. Syndication

This type of ownership can consist of numerous people. The horse or horses can run in a joint ownership name.


3. 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 year or season, sometimes for even longer. This involves the owner paying for a horses cost of training for whatever period but you also enjoy the prize money.



Training Fees



Basic Training fees are £45 + Vat a day.


Gallop Fee £100 + Vat a month