A sole owner races under his or her own name, registers their own set of colours and basically makes all the decisions. Once registered, a Horse Racing Ireland owner account is opened with all debits (cost of running) charged and all credits (prize-money) lodged to this account. The owner can withdraw from this account at any stage but the account must be kept in credit. As a sole owner, all the debits and credits are borne by the one person as opposed to how the group ownership formats work.
To register as a sole owner, please download and complete the Sole Owner Registration Form.This form needs to be completed in full and returned (email to [email protected]) along with a photocopy of the owners passport/drivers licence that confirms the name, address, date of birth & signature submitted on the form.
The Owner Registration form requests the details of the owner's bank account. This account is used to receive money from the Horse Racing Ireland Owner's Account when a transfer is requested by the owner. To verify this account, the owner must submit a copy of the header of the bank statement for the selected account, showing the account name, account and IBAN number.
To register as an owner takes two working days from when the paperwork and funds are received in order. For example, if everything arrives on a Monday morning, the account is up and running on Wednesday morning. Entries can then be made once the trainer has returned the horse in training on time.
€500 (minimum) lodged into Horse Racing Ireland Owners Account.
This lodgement can be done by debit or credit card (call 00 353 45 455444 stating you are lodging the funds to open a new owner account) or a bank transfer to:Bank Of Ireland – College Green Account Name: Horse Racing Ireland Sort
Code 900017 Account 77308978 Swift Code BOFIIE2D IBAN: IE66BOFI90001777308978
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