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Template Information for Owners

Trainers are welcome to copy and paste the below wording for use on the 'Ownership' pages or sections on their own websites. If you require further assistance then please do not hesitate to contact Chloe Martin on cmartin@roa.co.uk
 

Racehorse Ownership

There are a variety of different types of racehorse ownership. The type that is 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 information, the Racehorse Owners Association (ROA) has produced an online Guide To Ownership which provides a variety of detailed information for new owners.
 

Sole Ownership

You will be the sole owner of the horse and any costs and profits will be yours alone. You will have a close involvement with any of the decisions regarding your horse and you will be able to choose your own racing colours name your horse (if he is not already named at purchase). The horse will run in your own name.


Co-ownership

Co-ownership of a racehorse involves the participation of more than one owner and can be an extremely cost effective way to get involved.

The following types of co-ownership are available:
  • 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.
     
  • 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.
     
  • Racing Club
    There are many different Racing Clubs in operation with varying membership fees. 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.
     
  • Company
    A company can register as an Owner, owning horses 100%. The horse will be in the sole overship of the company and the company's shareholders.Companies can also be an entity within a Joint Ownership or Racing Partnership. The company must appoint a registered ageny to act on its behalf.
The ROA strongly recommends that owners involved in co-ownership sign up to a Syndicate Agreement.
 
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. You can downloada template lease agreement here.
 

Racehorse Owners Association (ROA)

 
The Racehorse Owners Association (ROA) has over 7,800 members and promotes and protects the interests of racehorse owners in Great Britain, making members' racehorse ownership more cost-effective and enjoyable. For an annual subscription of £230, just 63p a day, ROA members receive important and exclusive benefits, often easily paying for the membership fee:
More information is available on the ROA website or call the Association’s London office on 020 7152 0200.

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Racehorse Owners Association
1st floor, 75 High Holborn, London, WC1V 6LS

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

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