A Guide to Racing Partnerships
Private Racing Partnerships are a group of likeminded people sharing the experience of owning a Racehorse
Affluence wins at Lingfield, the first of 5 wins in 12 months
What does being in a racing partnership involve?
Partnerships are made up of a small group of people who want to spread the cost of horse ownership but still be closely involved with decisions and experience of ownership. They could be friends or family or people brought together for example by a trainer.
Shares can be as small as 5% or as large as 95%. Initially you will buy your share in the horse from the trainer or owner and then a partnership will be formed. Monthly training fees will apply and are paid direct to the trainer, you will also be responsible for your share of heath taxes, entries, transport, vets fees and any other incidentals.
As a partner you will be able to follow your horses progress and visit him or her regularly, watching at the gallops or schooling grounds. Come raceday you will be given access to owners and trainers facilities and hopefully a trip to the winners enclosure. All winnings are divided according to the percentage owned and should the horse be sold this would also be divided between the partners.
If you would like to get involved in a partnership please get in touch to see how we can help at info@martinsmithracing.com
Benefits to Ownership with Martin Smith Racing include:
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A friendly and approachable trainer and team
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Access to meet the horses at the yard and watch them train
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Entry to the races with access to the paddock , owners facilities and hopefully the winners enclosure
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Share of any winnings and sales proceeds if applicable
People say the nicest things…
"Linda & I have always enjoyed racing and could see that, for a relatively small layout, we could enjoy the benefits of being an owner. So we both bought a share and have had a great deal of fun since."
Brian Wiggins