Sole Ownership

You will be the owner of the horse and no one else. As such, any costs and profits will be yours alone. You will also have a close involvement with any of the decisions regarding the horse. You will be able to choose the name of your horse and which colours will be worn in your name.

 

Leasing

 

This form of ownership avoids the requirement for capital outlay for a racehorse. Leasing can vary from “owning” a horse for a single race to having the use of one for up to the whole of its racing career. A lease can involve one lessee or a number of co-lessees.

 

Partnership

 

Can consist of between two and four individuals, all of whom must become (or already be) registered owners. All owners are severally liable under the Orders and Rules of Racing.

 

Syndicate

Consists of between five and 20 individuals of whom at least one must become, or already be, registered owners. 

 

Company Ownership

This is a way of using your company to own a horse. The company is in effect a ‘sole owner’ but shareholders in the company participate in racehorse ownership through their shareholdings. It can be great way of advertising your company. The horse can be named after your company providing you buy a horse that is unnamed.

 

Racing Clubs

 

Racing clubs offer a low priced introduction into racehorse involvement. Click here for info on Pimlico Racing.