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Shared ownership allows multiple people to split costs and enjoy the experience together. There are many different ways this can work:

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Partnerships 

A partnership is for two or more Registered Owners sharing one or more horses. Ownership percentages, costs and prize money are divided according to each partner’s share.

Do I need to be a Registered Owner? Yes
How to Register: Apply online via the BHA or Weatherbys websites.

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Syndicates

A syndicate allows members to own or lease shares in one or more horses in return for a financial contribution. Members typically share training, veterinary and travel costs and may receive a share of prize money, badges when the horse runs, sale proceeds and breeding rights, depending on the agreement.

Syndicates are managed by a syndicator, who oversees administration, finances and promotion.

Key Definitions

  • Syndicator: A person responsible for managing, promoting or administering a syndicate. Syndicators must be registered owners and hold a Racing Club/Syndicate Manager Licence.
  • Syndicate Member: Anyone holding a share in a syndicate-owned or leased horse.

Do I need to be a Registered Owner? Only the Syndicate Manager
How to find a syndicate: Visit the In The Paddock website

Microshares

Microshares make racehorse involvement more accessible by allowing hundreds of people to buy very small interests in a horse at low cost.

Members can still enjoy many ownership-style benefits, including:

  • Stable visits
  • Trainer updates
  • Ballots for raceday tickets

Do I need to be a Registered Owner? Only the Syndicate Manager
How to find a Microshare Club: Visit the In The Paddock website

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Racing Clubs

Racing clubs provide a lower-cost introduction to racehorse involvement. Members do not own the horse but pay a membership fee for benefits such as:

  • Chance to have Owners’ badges when the horse runs
  • Stable visits and Social events
  • Updates from the trainer on the horse
  • Potential prize money shares

Key Definitions

  • Racing Club Manager: A person responsible for managing, promoting or administering a racing club. Managers must be registered owners and hold a Racing Club/Syndicate Manager licence.
  • Racing Club Member: Someone who pays for club benefits without acquiring ownership rights.

Do I need to be a Registered Owner? Only the Racing Club Manager
How to find a Racing Club: Visit the In The Paddock website