- We Help Equine Businesses
Own A Racehorse
A Guide to Options in Ownership of a Racehorse
Horse-racing is a centuries old sport that is now available to people of both affluent and modest means. If you\’re a big horse racing fan and really want to get involved by becoming an owner, there are a few options to choose from.
Horse-racing Clubs
This is the best choice for newcomers to racehorse ownership. You would pay a one-off yearly fee and a manager is responsible for the care, training and health of your racehorse. Also, you will have most of the advantages that a solo owner enjoys such as cheering for your animal and spending time at the stables. You can step back and let the manager take care of the day to day decisions needed for a successful racer.
Racehorse Leasing
This selection will give you ownership of a racehorse for a temporary amount of time. The terms can vary, so you may have the option of owning the animal for only one season or for the horse\’s entire racing career. In that way, you would be entitled to a portion of the horse\’s earnings. You would also have the responsibility for payments related to the cost of training.
Racing Syndicates and Partnerships
If some of your acquaintances, family members, or friends are also interested in buying a racehorse, you can put your money together and make that dream come true. This way you can enjoy the exciting sport together. You may select the colors for your stable and apportions the total expenditures related to racehorse ownership. The more people that are involved, the less ownership costs per person. Generally speaking, partnerships are composed of a minimum of two to greater than 20 people. Bear in mind that two of the owners have to be registered as the designated associates.
Sole Ownership
The most expensive option is choosing to buy a racehorse of your own. However, owning your horse is perhaps the most thrilling and empowering way to go. This will allow you to have a part in every aspect of horse racing You will also get to select and purchase your horse, choose a horse trainer, and select which races to enter your horse in. Plus, you are the only person who can win prizes with your horse which makes your horse a profitable possession. You may be able to charge stud or foaling fees for a horse with a large number of winning races. However, racing fees and expenses incurred with maintaining care of your horse, are your responsibility.
Company Ownership
This option allows enables you to promote your company and increase your brand visibility through your horse carrying your company\’s name. The greater success your horse achieves, the more your company name will be viewed.
When you contemplate the different options available to you with today\’s racehorse ownership, you will find the best way to become a part of the sport you love.
If you have a real love for horseracing and want to have further involvement then a racehorse trainer can provide you with the vital next step. They will usually have a quality selection of racehorses for sale.
Horse-racing is a centuries old sport that is now available to people of both affluent and modest means. If you\’re a big horse racing fan and really want to get involved by becoming an owner, there are a few options to choose from.
Horse-racing Clubs
This is the best choice for newcomers to racehorse ownership. You would pay a one-off yearly fee and a manager is responsible for the care, training and health of your racehorse. Also, you will have most of the advantages that a solo owner enjoys such as cheering for your animal and spending time at the stables. You can step back and let the manager take care of the day to day decisions needed for a successful racer.
Racehorse Leasing
This selection will give you ownership of a racehorse for a temporary amount of time. The terms can vary, so you may have the option of owning the animal for only one season or for the horse\’s entire racing career. In that way, you would be entitled to a portion of the horse\’s earnings. You would also have the responsibility for payments related to the cost of training.
Racing Syndicates and Partnerships
If some of your acquaintances, family members, or friends are also interested in buying a racehorse, you can put your money together and make that dream come true. This way you can enjoy the exciting sport together. You may select the colors for your stable and apportions the total expenditures related to racehorse ownership. The more people that are involved, the less ownership costs per person. Generally speaking, partnerships are composed of a minimum of two to greater than 20 people. Bear in mind that two of the owners have to be registered as the designated associates.
Sole Ownership
The most expensive option is choosing to buy a racehorse of your own. However, owning your horse is perhaps the most thrilling and empowering way to go. This will allow you to have a part in every aspect of horse racing You will also get to select and purchase your horse, choose a horse trainer, and select which races to enter your horse in. Plus, you are the only person who can win prizes with your horse which makes your horse a profitable possession. You may be able to charge stud or foaling fees for a horse with a large number of winning races. However, racing fees and expenses incurred with maintaining care of your horse, are your responsibility.
Company Ownership
This option allows enables you to promote your company and increase your brand visibility through your horse carrying your company\’s name. The greater success your horse achieves, the more your company name will be viewed.
When you contemplate the different options available to you with today\’s racehorse ownership, you will find the best way to become a part of the sport you love.
If you have a real love for horseracing and want to have further involvement then a racehorse trainer can provide you with the vital next step. They will usually have a quality selection of racehorses for sale.
