Ownership - Alan Swinbank Racing

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Racehorse ownership has never been easier once you have decided which type of ownership suits your needs.

Sole ownership is the most straightforward, one person is the owner, incurring all training costs and taking all the profits and winnings.

Co-Ownership is an effective way of spreading the costs amongst two or twenty individuals with two nominated partners as the registered owners and managed through a Racing Partnership.

Alternatively, Joint Ownership with up to twelve registered owners is available in the way of a syndicate. In this case it is essential that the group nominate a contact representative to deal with the daily matters.

Corporate ownership is also available to shareholders of a company or existing business Partnership, which are VAT registered. VAT is recoverable on purchase, training expenses, veterinary and blacksmith fees, registration and various other racing-related expenses.

Sponsorship is another means of spreading the cost of ownership and commonly takes the form of sponsoring a horse wearing Company Logos in a race or to put up prize money for a race. The main benefit to the Sponsor is of course, publicity.

For Corporate Owners or Sponsors, racing is a highly effective means of advertising, seen by millions every year, at race meetings, on television and in the press. Names and Logos can be shown on horseboxes, paddock sheets, jockey silks, clothing etc.

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