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A syndicate is a group of 3 – 100 people collectively racing a horse(s) under one name. A syndicate is a great way of getting involved and enjoying the thrill of ownership with others.
You can set up your own syndicate with friends and family or join an existing group. A horse can be owned or leased, with payment structures varying from monthly to annual fees.
If you are interested in partnering with other owners and getting involved in Syndicates speak to your trainer, an agent or HRI Ownership. Alternatively explore opportunities in the Commercial Syndicate section below.
A syndicate is managed by one person known as ‘an agent’. The agent manages all aspect of the syndicate including administration and communication between the trainer and fellow shareholders.
If joining a syndicate that is already set up, the new shareholder should ensure he/she receives a copy of the Syndicate Agreement and Code of Conduct. The shareholder and agent should agree these terms and keep a signed copy.
