Ownership

Types of Ownership

Before you register your ownership you will need to decide what sort of ownership you intend to embark upon.

  • You will own 100% of the horse and it will run in your name and in your colours. Any costs or profits will be yours alone.

    Did you know?
    Owners that secure sponsorship for their horses can register for and reclaim VAT on training costs. If 100% of a horse is owned by a Racehorse Owners Association (ROA) member then the ROA will arrange sponsorship of your horse allowing you to reclaim £000's per year.

  • This form of ownership can consist of between 2 and 12 individuals. Each person will need to be a registered owner. The percentage of the horse(s) owned will be registered against each individual's name. The horse(s) can run in either a joint ownership's name or in the name of one of the owners.

    Did you know?
    If you are part of a Joint Ownership and a ROA member then you will automatically be covered by their Third-Party Liability Insurance for your share of the horse(s) owned.

  • A partnership or syndicate can consist of any number of individuals of which at least 2 must become, or already be, registered owners. The two registered owners will be known as the Nominated Partners or Syndicators and they will be responsible for the administration for the partnership.

    Did you know?
    If you are one of the two Nominated Partners/Syndicators and you join the ROA, you may be eligible to join the Racecourse Badge Scheme for Owners which allows free entry to over 1,200 fixtures each year.

  • The horse will be in the sole ownership of the company and the company's shareholders. The company must appoint a Registered Agent to act on its behalf.

    Did you know?
    If your horse is registered in your Company's name it may still be beneficial for the Company to join the ROA so that you benefit from a 20% discount on registration fees. If a Company joins the ROA this still counts as one membership and you will receive one of every benefit of membership.

  • Leasing involves ownership of a racehorse for a set period of time. Costs that the horse incurs become the responsibility of the lessee for the lease period and in return the horse will run under the ownership of the lessee.

    At the end of the lease agreement, the ownership of the horse returns to the lessor/the legal owner.

    It is important that an agreement is made between the lessor and lessee with regard to the lease period, prize money split if any, and any exceptional costs that may remain the lessor’s during the period.

Training Fees

All In One Fee: £65 per day,

To include all routine veterinary work, farrier, transport and The Racing Manager (see description below). The only costs to expect are any Weatherbys racing administration costs and any major veterinary work i.e. an operation. 

Stabled But Not in Work Fee: £36.50 per day.

Grass Keep Fee: £18 per day.

All fees are subject to VAT

What is The Racing Manager ?

‘The Racing Manager is the definitive online platform for managing and enjoying racehorse ownership, bringing all members of the racing community together. We streamline communication, administration, and regulation into one digital hub, bringing owners closer to the action than ever before’.

Racing Club

The Neil Mulholland Racing Club was formed to deliver racing at an affordable price to anyone who wants to get involved with the fun of owning racehorses. For every 12 members, we aim to lease another horse to the Club.

We have had some great success with the club colours being carried to victory by Doing Fine in several big races, by La Cavsa Nostra, and recently by Midnight Gold and Inspector Lynley the current two horses in the racing club.

Midnight Gold is a handicap hurdler who won for the club at Southwell in June 2023.  She was off the racecourse for a long time after that, but returned with a fine 2nd place finish in May.  She will be racing again after the summer jumps break and we hope that she will add to her win last year.

Inspector Lynley was moved to the club in late 2023. After being competitive in the Autumn, he found the heavy ground in December too much to handle and we decided to give him a break during the rest of the winter. He showed his preference for better ground when finishing a fine 2nd at Stratford in May and has since followed that up with another placed effort and his first race win in July 2024.  We are looking forward to seeing whether he can follow this up as the summer progresses.

 Club Benefits and Costs 

All prize money that has been won in the previous 6 months is divided between the members at the end of December and the end of June.  The cost of membership is just £150 per month all-inclusive. Owners’ tickets on race day are available on a first-come, first-served basis and the racecourses will sell discounted tickets to anyone else in the Club who wants them.

Communications

Each member is treated as an individual and receives emails with details of entries and results for the Club horses, as well as updates on other runners from the yard.  Members are welcome to come and see the horses at the yard by arrangement and to see the horses in the stables and on the gallops.

If you are interested in joining the Racing Club, please contact us to have a chat and we will send you the relevant forms.