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One of the initial decisions a horse owner must make is whether to race independently as a sole owner or to involve friends and family in a partnership or syndicate. With five different ownership options available, there’s a choice to match every individual, group, and budget.
Run a horse(s) in your own name and colours
A Sole Owner has complete ownership of their horse(s), with the horse(s) racing under their colors and name. All costs and profits are solely their responsibility. As a sole owner, you own 100% of the horse(s) you race, but you can also enter into partnerships with other owners for separate horses.
2-4 sole owners join together to race a horse(s)
Partnerships allow owners to have a bigger percentage of each horse they own. They will split all costs and earnings according to the prior agreed split in the partnership percentages. All partners in the horse must be a registered owner themselves before entering a partnership of 2, 3 or 4 owners maximum.
3 – 100 people race a horse(s) collectively under one name
A syndicate will be overseen by a designated agent, chosen either by the other syndicate members or by those establishing the syndicate. There’s no need for individual syndicate members to register separate accounts with Horse Racing Ireland. This option is perfect for those seeking a more social approach to racehorse ownership or for those wanting to try it out before fully committing.
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Unlimited number of people race a horse(s) collectively under one name
Racing Clubs operate differently from syndicate ownership. When you join a racing club, you pay a subscription to become an owner and gain a share in all the horses owned by the club. The club is managed by a designated agent, rather than the members themselves, and there’s no need for members to register an account with Horse Racing Ireland.
Run a horse(s) under a company name
A company functions similarly to a sole owner, holding 100% ownership of its horses. However, it can also enter into partnerships with other ownership types. The company will have a registered agent to manage the ownership on its behalf.
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Options for all owner types and budget!
Horse racing in Ireland is steeped in tradition and history. We are privileged to be home to many of the world’s leading trainers and jockeys competing on an international stage.
Racehorse Ownership is a unique experience and something you can be part of.
CLICK HERE to find out more!
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