Ownership

Becoming a Racehorse Owner

Owning a racehorse is a fun and exciting hobby which can be shared with family and friends. Becoming a part of the world of racing gives you the chance to meet new people and have new experiences. It doesn't just involve going to the races, when buying your horse you can accompany us to the sales and we always encourage owners to come and visit us at the yard to see your horse work up the gallops and enjoy the surroundings.

For many racing is a way of life; many of our owners say that watching their horse win is one of the most exhilarating experiences they have had. If you are one of the lucky ones you may win large amounts of prize money but owning a racehorse should not be seen as an investment but as a source of recreation and entertainment. If you approach ownership in this way you will get the most out of the experience.

There are many different ways to own a racehorse depending on what you can afford, we can offer a range of share percentages from as little as 10%, and different payment options to suit your needs.

Click here to see horses that are currently for sale.

Sole Ownership

You will be the sole owner of the horse, and will have to register as an owner at Weatherby's. You will receive all the owners' prize money and trophies; however, any costs will be yours alone.

Other benefits of becoming an owner include:

The initial purchase of your horse (Mark & Tim will help you find the right horse depending on what you're looking for)
If un-named, choosing a suitable name for your horse
Choosing your own personal racing colours
Visiting the yard to see your horse
Liaising with the trainer to discuss your horses' future plans
Watching your horse working on the gallops
Complimentary owners' badges when your horse runs
Attending the paddock area when your horse is running and discussing their race with the trainer and jockey
Photographs and videos if your horse wins

Co-ownership

Co-ownership of a racehorse involves the participation of more than one owner and is an extremely cost effective way of ownership. Whether you choose to get involved as a group of friends or wish to have a share or shares, no matter how large or small there are various types of co-ownership:

Partnership - For two or more people who want to share the ownership of (or lease) one or more horses, and where all members of the Partnership are registered owners. Partnerships allow owners to define the percentage of each horse they own and split costs and winnings in accordance with ownership share.
Syndicate - For people who want to share the ownership of (or lease) one or more horses. A Syndicate is managed and administered by the Syndicator/s. Only the syndicator/s must register as a Sole/Company owner. It isn't necessary for members of the Syndicate to register as owners.
Racing Club - For people who want to pay a subscription to experience racehorse ownership. A Racing Club is managed and administered by the Club manager/s and it is the Club itself, as opposed to its members, that owns or leases the horse/s. Members pay a fee to be part of club and to enjoy some of the benefits of racehorse ownership. Only individuals who want to set up or administer a Racing Club must register as a Sole/Company owner. It isn’t necessary for members of a Racing Club to register as owners.

Leasing

Leasing a racehorse involves having ownership responsibilities of a racehorse for a set period of time, without purchasing the horse. This could possibly be for just one race or for the horse’s entire racing career. Depending on the agreement between the lessor and the lessee the costs involved are only those which are incurred through the lease period.

Training Costs

We offer two options either paying a weekly rate depending on the level of work your horse is doing plus extras or a flat rate which includes all extras.

All Inclusive

100% share - £1620 + VAT per month

50% share - £810 + VAT per month

25% share - £405 + VAT per month

10% share - £202.50 + VAT per month

This excludes the cost of any surgery necessary, sales entries and Weatherby’s fees.

This applies all year round whether the horse is in training or at grass.

Weekly Training Rate

Your share percentage of…

£287 per week on Full Training

£220 per week on Walker rate

£154 per week on Box rest

£85 per week at Grass

£100 per week for Indoor Winter Keep (when resting)

Plus extras- your share percentage of -

Farrier - £89 (approx. every 3 weeks)
Transport - £1.15/mile (divided between number of horses)
Overtime - As per agreement between Stable Staff Union and the National Trainers Federation
Wormers - £15 (as needed)
Vet - at cost
Dentist - £40 (as necessary)
Physiotherapist - £75 (as necessary)

You will be sent an itemised bill each month. All charges are subject to VAT.

We have our own Racing Club which offers annual membership for £299. See Racing Club page on this website for more details.

We have several horses owned by syndicates who offer ownership options at affordable rates:

URSA Major Racing Club: https://www.ursamajorracing.com/

Racing To Profit: https://racingtoprofit.co.uk/join-syndicate

Maximum Racing: www.maximumracing.co.uk

Click here to see a copy of our Data Protection Policy.

The Yard is covered by sponsorship from Mark Walford Racing and Cube3 Construction Ltd, this allows owners who are VAT registered to be able to reclaim all VAT costs incurred by their horse(s). For more information, please Contact Us.

To find out more about racing in Yorkshire please visit Go Racing in Yorkshire

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