Philip Hobbs Form and Entries
Philip Hobbs
  • Our Annual Owners’ Day
  • Balthazar King winning the Cross Country Chase the 2012 Cheltenham Festival
  • Wishful Thinking (centre) leading the string on the gallops
  • Fingal Bay and Richard Johnson winning the Challow Hurdle
  • Grand servant Fair Along winning the John Smith’s Hurdle at Wetherby

TYPES OF OWNERSHIP

SOLE OWNERSHIP

This is the form of ownership when you are the sole owner. You are responsible for all costs and profits. You have sole choice of colours and names (if the horse is not already named).

 

CO-OWNERSHIP

Co-ownership (or as commonly known ‘the syndication’) of a racehorse involves the participation of more than one owner. It is effectively any type of racehorse ownership other than sole ownership. It provides a cost-effective way to get involved in racehorse ownership by allowing co-owners to share the costs of buying and running racehorses.

 

There are five main types of co-ownership:

RACING PARTNERSHIP

Consists of between two and 20 individuals of whom at least two must become, or already be, registered owners. Two of those registered become nominated partners who are jointly and severally liable under the Orders and Rules of Racing.

 

COMPANY OWNERSHIP

This is a way of using your company to own a horse. The company is in effect a ‘sole owner’ but shareholders in the company participate in racehorse ownership through their shareholdings. It can be great way of advertising your company. The horse can be named after your company providing you buy a horse that is un-named.

 

JOINT OWNERSHIP

Can consist of between two and twelve individuals, all of whom must become (or already be) registered owners. All owners are severally liable under the Orders and Rules of Racing.

 

LEASING

This form of ownership avoids the requirement for capital outlay for a racehorse. Leasing can vary from “owning” a horse for a single race to having the use of one for up to the whole of its racing career. A lease can involve one lessee or a number of co-lessees.

 

RACING CLUBS

Racing clubs offer a low priced introduction into racehorse involvement. They will usually require a one-off annual subscription fee of anything from £100 and upwards. By joining or becoming a member of a racing club you receive the benefits of that club, but are not entering into racehorse ownership directly.

 

CLICK HERE TO VISIT OUR HORSES FOR SALE PAGE

WHY CHOOSE US?

Racehorses need to be treated as individuals and must be 100% fit. Fit mentally as well as physically to win races, It needs great teamwork for a successful yard.

Philip and Sarah work closely with their 40 professional staff to ensure the well being of each individual horse in their care.

We want to provide you, the owner, with value for your investment, in terms of success, enjoyment and excitement whether you own a horse or a share.

We want you to feel part of the enterprise and join us in the winners enclosure.

To contact Philip please call
07860 729795.

 

 

Amlin Logo

Our yard is kindly sponsored by Amlin Plus who are a leading insurance company in the Bloodstock Industry. This benefits all owners who are VAT registered to claim their VAT back on the purchase of their horse and their training fees. If you would like a quote for your horse please click on the link to take you to their website for contact details.