Ownership 2020-05-11T14:55:10+01:00

RACING
TOGETHER

If you are interested in having a horse in training with Gavin call him on+353 (86) 269 3388 or email admin@gavincromwellracing.com for more information.

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 a name (if the horse is not already named).

Syndicate

Consists of between five and twenty individuals who form a syndicate. There must be one nominated agent for the syndicate. The horse will run in the syndicate name and colours.

Racing Partnership

Consists of between two and four individuals who must become registered owners. The horse can run in a partnership name or list the names of each partner.

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.

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.