Do I have Racehorse ownership as a member of the Club?
TRUE OWNERSHIP BENEFITS
There are two methods of joining the Club, These are as a Club member or partnership member but both
categories bring racehorse ownership with all the benefits that true ownership brings.
When you become a Club member of the Group 1 Racing Club you
become a joint owner in some of the horses, this is NOT just
a social involvement.
RACING CLUB MEMBER
The first (and most usual) category of ownership is as a Club member.
Group 1 Racing would not exist without its Club's
members whose three year subscriptions (each Club runs for 3 plus years)
are used to partly buy but mostly to train the Club's
horses. In Group 1 Racing you are therefore treated entirely as owners,
not one of the masses! You become a share owner in the Group 1
Racing Club which own the horses, and which all run under the
banner of Group 1 Racing (1994) Ltd which is a registered
company with Companies House and the Jockey Club as the
registered owner. When you join you therefore always get
immediate action as you are buying a share in the existing
company and the string of Club horses.
You receive a share certificate for your share (or shares if
you re-join) and as true ownership there is no VAT on the
cost of a owners' share.
PARTNERSHIP MEMBER VIA STATE-OF-THE-ART BLOODSTOCK INVESTMENT PACKAGE
The second category of ownership is where a horse is owned by the Club members in a
partnership arrangement with the Club, termed partnership
members. Club members who do this directly own a share in the
equity (capital value) of the horse at COST. There is generally one partnership horse available in 1/20th share sales
at a modest cost (currently Kinkeel) and the Club is usually looking to buy another more expensive purchase (typically £10k-£20k)
from the H-I-T auction sales (generally in October each year) through new partnership memberships and existing Club members in a unique bloodstock investment package.Click here for more details of what this entails.
If you would like to be involved in the next acquisition , please
contact Stephen Foster on 01386 871904 or via the Contact form - if you could be interested.
