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Let Peter choose a horse for you in the sales



Rest assured that your horse is being well looked after



Lady Hopeful, owned by Peter Grayson Racing Clubs



Stoneacre Lil, owned by Christine Teatum

 

Can I be a racehorse owner at PGR?

Owning a racehorse must be the most thrilling way to enjoy the sport. Watching your horse cross the line first is an extraordinary experience, but it can seem out of reach of anyone but the very wealthy. However, this isn't actually the case.

There are various types of ownership available at PGR, which can suit all pockets. These are:

SOLE OWNERSHIP
This is the most expensive method. You will be the owner of the horse and no one else. As such any costs and profits will be yours alone. You will have a close involvement with any of the decisions made by Peter regarding your horse. You will also be able to choose the name of your horse and your racing colours.

PGR regularly have horses up for sole ownership purchase. Peter Grayson is also happy to buy you a horse to meet your requirements at one of the many Bloodstock Sales which take place throughout the year at Tattersalls (Newmarket) and Doncaster in this country and at Fairyhouse (Tattersalls Ireland) and Kill (Goffs) in Ireland.

CO-OWNERSHIP
This involves the participation of more than one owner in a horse. It is effectively any type of racehorse ownership other than sole ownership. There are various types of co-ownership.

JOINT OWNERSHIP: This consists of between 2 and 12 people. The horse can run in either a joint ownership name or the name of one of the joint owners. Everyone involved is a registered owner with Weatherbys who are the administrators of racing.

RACING PARTNERSHIP or SYNDICATE: This consists of between 2 and 20 individuals with 2 of the partners being registered owners (Nominated Partners). PGR can administer the syndicate for you to help you get maximum enjoyment out of it.

COMPANY OWNERSHIP: This is becoming increasingly more popular. The horse is owned by the company’s shareholders who must appoint a Registered Agent to act on its behalf. PGR can advise you to ensure that you get the maximum benefit for your business from your investment.

LEASING: This avoids a capital outlay for the purchase of a racehorse. You can lease a horse for a single race, for a year or for the whole of its racing career.

RACING CLUBS: This allows more than 20 people to get involved in the ownership of a racehorse. For an annual payment of £100 - £500 you can have an interest in a horse. In 2006 PGR plans to launch its own Racing Club to accommodate those people who do not want to spend a lot of money on their hobby.

Please feel free to contact us to get more information and advice on racehorse ownership.