Ownership 2018-01-03T13:58:17+01:00

RACING
TOGETHER

If you are interested in having a horse in training with Gavin please contact us or call the office on+353 (86) 269 3388 for more information.

Racing Club

Racing clubs offer a low priced introduction into racehorse involvement. We launched our first racing club in December 2017 under the Gavin Cromwell Racing Club banner which had big demand. We will be adding horses to the club in the near future so now is the time to get involved! Drop us an email at admin@gavincromwellracing.com and we’ll take it from there!

Sole Ownership

This is the form of ownership when you are the sole owner. You are responsible for all costs and profits. You have sole choice of colours and names (if the horse is not already named).

Racing Partnership

Consists of between two and 20 individuals of whom at least two must become, or already be, registered owners. Two of those registered become nominated partners who are jointly and severally liable under the Orders and Rules of Racing.

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.

Joint Ownership

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

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.