Ownership

There are a variety of different ways to own a Racehorse. The predominant types of ownership are:

• Sole Ownership
• Joint Ownership
• Racing Partnership

As a Sole Owner, you would be responsible for the purchase cost of the horse, along with all training and racing fees. This obviously entitles you to 100% of any prize money the horse wins!

Joint Ownership would usually comprise of between 2 and 12 individuals owning one horse. The horse(s) can run in either a joint ownership’s name or the name of a joint owner.

Racing Partnership can consist of between 2 and 20 individuals of which at least 2 must become, or already be, registered owners.

There are a number of ways in which partnerships are set up and managed. You must decide upon how much input you would like as a co-owner and then choose the type of co-ownership to suit you. 2 of the popular types of of partnership are as follows:

Trainer managed
This involves a trainer setting up and running a co-ownership. The trainer will usually become a co-owner themselves. This means all the administration of running the co-ownership is carried out by the trainer thus providing ‘hassle free’ racehorse ownership.

Social group
This involves a group of friends deciding to start up a co-ownership and share the costs accordingly. One co-owner or more will have to set up and run the co-ownership and deal with the administration of the co-ownership.

We often have horses available to suit most types of ownership and budget. Our ‘For Sale’ page will be regularly updated with horses for sale, but do please give Willie a call for a chat if you are interested in racehorse ownership.