LRS News

FREE RANGE gave Stella Barclay her first winner as a trainer with victory at odds of 20/1 in the Logico Chase over an extended two miles at Newcastle yesterday. Ridden by Sam Coltherd, the 8 year ol...more


Work has started this month on a brand new £150,000 indoor school which will be completed by the end of October in time for the winter. With the help of a generous grant from The European Agri...more


BERTILATETHANNEVER (stable name Pug) almost became the biggest EVER priced winner of a flat race when having made all the running in a 6 furlong Novice event at Newcastle on 24th July he was collere...more


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Leasing a Racehorse through LRS

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. This option is proving increasingly popular with many owners as they look to maximise their involvement while limiting their capital outlay. Under a leasing arrangement, an ‘owner’ pays only the training fees and racing expenses and receives all of the prize money earned by their horse. At the end of the lease the ownership of the horse returns to the lessor/the legal owner.

Also, 5% shares and upwards from time to time may be available on a lease basis in some LRS horses. This again means you do not have the initial outlay of buying a share but all you need to do is pay a fixed price per month as a contribution towards the training fees, racing expenses and administration costs of the syndicate.

You then own the share for a given period of time (usually for the current season) after which you will have the choice to either buy the share or give it back and leave the syndicate. At the end of the season you will receive your share of any prize money won by the horse together with any other income earned such as appearance money and sponsorship fees.

Our aim is to help you get the maximum fun and enjoyment out of the ownership experience. Although you are only leasing a small share in a horse, you will receive the full benefits of racehorse ownership including:

If leasing a share in a horse is of interest to you, then please just get in touch with LRS Director of Racing, Paul Clarkson