Owning at Horse at Charlestown
If you are interested in owning a racehorse or would like to find out more information give Ciaran a call +353 86 231 1300 or email email@example.com
Below is some information from HRI on the different types of ownership. With five owner formats available, there is an option that should suit every individual, group and budget.
Types of Ownership
A partnership is a group of 2 - 4 people. All partners need to be registered as sole owners.
Horse(s) can run under the first named partner, a combination of partner names or a partnership name and will carry Partner 1’s colours.
A syndicate is a group of between 3 – 100 people. Horse(s) will race under the syndicate name and carry the syndicate colours.
A syndicate has one agent responsible for administration and management.
All syndicates are required to have a syndicate agreement and code of conduct and a copy should be issued and signed by all syndicate shareholders.
A club is an unlimited group of people. Horse(s) will race under the club name and carry the club colours.
A club has two agents responsible for administration and management.
All clubs are required to have a club agreement and code of conduct and a copy should be issued to all club members.
A company may register as an owner. Horse(s) will race under the company name and carry the company colours.
A company director or secretary is appointed as the agent responsible for the administration and management.
Horse Racing Ireland strongly advises those considering this ownership format to speak with their accountant or tax advisor prior to this decision.