Although people often think that owning a Racehorse is a pretty expensive hobby, there are several ways to become an owner which can help keep your costs down, and here at DML Racing we do our best to make racing accessible to as many enthusiasts as possible. We obviously cater for many owners who have opted for Sole Ownership, and own their horses outright as individuals, but we can also let you know about alternative ownership arrangements which make it easier for you to get involved in a racehorse at a price to suit your pocket.
These days, the majority of people who get involved as owners – especially for the first time – do so by joining a partnership or syndicate. You could become an owner by buying a half-share, a quarter-share, or even just 10% of a horse. We can usually help to link you up with other like-minded people who want to get involved in a joint venture, and can help you join an existing syndicate, or even set up a new partnership for a group of friends.
If you run a business, Company Ownership is another form of racehorse ownership to consider, and can be a fantastic way to promote your business, by allowing you to involve your clients and employees.
With any of these ownership options, there may also be opportunities to LEASE a horse – often at no charge – for a fixed period of time. You would avoid the cost of paying an up-front lump sum to actually purchase the horse, and pay only the monthly training fees and racing costs. This reduces your capital outlay, and would still entitle you to all of the prize money the horse might win, and for the duration of the lease you would go racing as an owner, with full access to the parade ring, owners and trainers facilities, and hopefully the winners enclosure!
Whether you become a sole owner or a member of a syndicate, we do our best to make sure that you enjoy your time racing with us. Every one of our owners plays an important part in our success and owners in the yard are a friendly group who provide support and encouragement for one another, enjoying the camaraderie of being part of a successful racing operation. Whatever your personal requirements are, please give us a call or drop in and we will discuss the most suitable options for you.