CO-Ownership at LRS
All the thrills of sole ownership but with a chance to share all the costs and expenses.
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: This consists of between 2 and 20 individuals with 2 of the partners being registered owners (Nominated Partners).
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. We can help you ensure that you get the maximum benefit for your business from your investment.
Through our Director of Racing Paul Clarkson, LRS has more than 20 years of experience of ensuring that shared ownership is as pleasurable as it is affordable. LRS can help you set up your own racing partnership or joint ownership and make sure that all the arrangements are hassle free. LRS has it covered!
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.