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Ownership Types

The ROA has produced a useful handbook - A Guide to Racehorse Ownership. This is a free, comprehensive resource, designed for existing and potential racehorse owners alike. The Guide covers a broad range of subjects, designed to demystify racehorse ownership and make it more accessible to a wider audience.


Who can become a new owner?

Anyone over 16 years of age (applicants aged 16 or 17 require a personal guarentee from a currently registered owner) can apply. Event applicant will be subject to identity and credit checks and have to be approved by the British Horseracing Authority (BHA).

Register as an owner

  • Owners can register to be an owner online via the BHA website here.

Types of Racehorse Ownership:

Sole ownership

This is when you are the only person involved in the ownership of the horse and you have a 100% share in the animal. The horse will run in your name and colours. Any costs or profits will be yours alone.

Company 

A company can register as an Owner, owning horses 100%. The horse will be in the sole ownership of the company and the company's shareholders. Companies can also be an entity within a Partnership or Syndicate. The company must appoint a registered agent to act on its behalf.

Partnership 

For two or more people who want to share the ownership of one or more horses, and where all members of the Partnership are registered owners. Partnerships allow owners to define the percentage of each horse they own and split costs and winnings in accordance with ownership share.

If you’re already a registered owner, log onto Racing Admin to set up your Partnership. If you’re not a registered owner, apply above.

Syndicate 

For people who want to share the ownership of one or more horses. A Syndicate is managed and administered by the Syndicator/s. Only the syndicator/s must register as a Sole/Company owner. It isn’t necessary for members of the Syndicate to register as owners.

If you’re already a registered owner, log on Racing Admin to set up your Syndicate. If you’re not a registered owner, apply above.

Racing Club 

For people who want to pay a subscription to experience racehorse ownership. A Racing Club is managed and administered by the Club manager/s and it is the Club itself, as opposed to its members, that owns the horse/s.

Members pay a fee to be part of club and to enjoy some of the benefits of racehorse ownership. Only individuals who want to set up or administer a Racing Club must register as a Sole/Company owner. It isn’t necessary for members of a Racing Club to register as owners.

If you’re already a registered owner, log onto Racing Admin to set up your Racing Club. If you’re not a registered owner, apply above.

Leasing 

Leasing involves ownership of a racehorse for a set period of time. Costs that the horse incurs become the responsibility of the lessee for the lease period and in return the horse will run under the ownership of the lessee.

At the end of the lease agreement the ownership of the horse returns to the lessor/the legal owner. It is important that an agreement is made between the lessor and lessee with regard to the lease period, prize money split, if any, and any exceptional costs that may remain the lessor’s during the period. Below are some points to consider when drawing up the lease agreement:

  Guide to Leasing

  Leasing Bullet Points

 

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Telephone: 020 7152 0200
Email:          info@roa.co.uk

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