Types Of Ownership
There are a number of ways that you can become involved as an owner in harness racing – whether it be owning a horse by yourself or being one of many owners of a horse as part of a syndicate. Here are some of the options that are available:
In this case you pay all of the expenses and take all of the risk, but you also make all of the decisions and reap all of the rewards including all the stakemoney that your horse wins.
In a partnership, you and up to nine other partners share in the ownership of a horse and with that you share the risk and the expenses with each partner taking a cut of the stakemoney won by your horse. Partnerships are an excellent way of being part of the ownership experience, whilst minimising the costs by spreading them between a number of owners.
Being part of a syndicate is a fun way to become involved in the ownership of a harness horse with a number of other owners. Public syndicates are operated and managed by licensed syndicators who offer ownership shares in horses that they manage and race on your behalf. Licensed syndicators are dedicated to making your ownership experience easier and more enjoyable. Being part of a syndicate is not only a great way to share in the thrill and enjoyment of racing a harness horse, but it’s an opportunity to build new friendships.