Racehorse leases

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Racehorse leases

Leasing a racehorse is a great way to get involved without paying an up-front purchase price.
Throughout the term of the lease (usually between 1-3 years) you will be effectively considered as the owner, and be required to pay all costs associated with the upkeep of the horse.

You pay the Lessor (owner) an agreed rent by way of prizemoney earned by the horses (30% of prizemoney after the jockey and trainer receive their 5% and 10% respectively)

The following conditions apply to the leasing of racehorses:

  • Up to 20 individuals or a combination of individuals and registered syndicates may race a horse under Lease.
  • A Lease Agreement should be obtained and lodged with the Principal Racing Authority (e.g. Racing NSW) in the State in which the horse is to race.
  • The Agreement should be completed by the parties concerned, checked carefully before signing and any alterations or additions must be initialed by all parties.
  • The Agreement should be lodged with the Principal Racing Authority together with the relevant fee. The fee for a lease in New South Wales is $60. Principal Racing Authorities in other states should be contacted regarding the current fee.
  • When the Lease is recorded a Lease Endorsement Certificate will be returned to the Manager or a nominated person.
  • The Trainer should lodge a Stable Return in the names of the Lessees.
  • A Lease may be taken out for a period of time from one day to an agreed number of years. We offer by default a 1 year lease with the option to extend a further 1 year. It is for racing purposes only.
  • The Owner cannot offer shares in the Lease unless registering with ASIC.

An involved thoroughbred racing experience to all our clients. Leasing benefits include:

  • Your name in the racebook.
  • Race day member entry.
  • Regular Updates on Race Horses.
  • Regular Training Updates.
  • Relevant Race Information, Including Nominations, Acceptances and Barrier Draws.
  • Insider Reports from Trainers and Jockey.
  • Trial video links.
  • Race day video links.
  • Race results.
  • Pre-race and post-race comments from the trainer.

Prize money your racehorse receives also gets paid directly to your nominated bank account. Usually within 14 to 21 days.

Monthly upkeep of a horse.
5% share with a Metropolitan trainer
10% share with a Metropolitan trainer
100% share with a Metropolitan trainer

Metropolitan racing prize money: $150,000 total .1st $76,500, 2nd $27,500, 3rd $13,250, 4th $6,750, 5th $5,000, 6th $4,000, 7th $3,500, 8th $3,500, 9th $3,500, 10th $3,500

5% share with a provincial trainer
10% share with a provincial trainer
100% share with a provincial trainer

Provincial race prize money: $40,000 total .1st $19,700, 2nd $7,150, 3rd $3,750, 4th $2,200, 5th $1,300, 6th $1,100, 7th $1,000, 8th $1,000, 9th $1,000, 10th $1,000

5% share with a county trainer
10% share with a county trainer
100% share with a country trainer

Country racing prize money: $15,000 total.1st $7,605, 2nd $2,650, 3rd $1,340, 4th $730, 5th $500, 6th $375, 7th $375, 8th $375, 9th $375, 10th $375