OWNING A RACEHORSE

There are a number of varied ways to owning a racehorse to suit all budgets. We can help turn that dream of a running a horse in your own colours into a reality.

Individual

Individual ownership is where the horse is owned and run by a single individual. This individual must be a registered owner with the Turf Club.

Partnership

A partnership can consist of between two and four people and all partners must become registered owners. A horse owned in a partnership runs in the name and colors of one of the partners, who must hold an equal or majority share, although the other partners’ names mat be listed in the race card. Please note that a partnership cannot be registered unless the horse is named.

Syndicate

Syndicates can consist of between 2 and 20 members. All members of the syndicate must sign the registration of syndicates form. The horse is leased to one member of the syndicate who must be a registered owner. He/she is known as the registered agent for a syndicate and is regarded as the sole owner for racing purposes.

Company Ownership

A company may own and run a horse in its name if approved for registration by the Turf Club. To seek this approval, application must be made to the Turf Club. Details regarding company registration are available from Irish Thoroughbred Marketing(Itm).The company must appoint a registered agent. It is recommended that this person should be a company director or company secretary. He/she should sign the necessary registration forms on behalf of the company.

Racing Club

A racing club may own and race a horse in its name if approved by the Turf Club. Up to four trustees may register as owners and other background information on the club is required. Further details regarding registration are available from ITM.

Source: Irish Horse Society