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FAQ
Below are some frequently asked questions. If your question is not covered here or anywhere else on the site please reach out my email, phone or text.
A horse racing syndicate allows a group of people to share an interest in a racehorse rather than one person taking on sole ownership.Members share the experience of following the horse through training and racing, while the syndicate manager takes care of much of the administration. The exact ownership structure, costs and benefits depend on the individual syndicate.
The cost varies depending on the horse, the type and size of share and the individual syndicate agreement. Current Racing Syndicate shares range from around £34 per month for a 1% share to £85 per month for a 2.5% share.Lease shares have no upfront purchase cost, while capital shares include an upfront payment for your share of the horse. Members will also normally pay a monthly keep contribution towards the ongoing costs associated with the horse.Current prices and monthly costs are listed alongside our available racehorse shares.
A lease share allows you to enjoy the racing and syndicate experience without purchasing a capital interest in the horse. A capital share can provide a legal and financial interest in the horse, subject to the terms of the individual syndicate agreement.In simple terms, a lease share is about participating in the racing experience, while a capital share can include an ownership interest in the horse.
Start by choosing the horse and share opportunity that interests you. If you have any questions, you are welcome to get in touch with Emris Racing by phone or email.When you are ready to join, simply follow the relevant share link on the horse’s page and complete your payment online. Emris Racing will handle the paperwork for you, and once everything is in place, you are officially part of the team.
Yes, where prize money is included within the terms of your syndicate agreement.Emris Racing pays 100% of the net prize money due to syndicate members every July.
Yes. Members can request private visits to see their horse and may also have opportunities to attend stud and yard visits.Where appropriate, you can even bring the family along and let them experience a little of the ownership journey too.Visits will always need to work around the horse's training programme and the trainer or stud's schedule
Badge availability varies by racecourse and fixture, with allocations typically ranging from 8 to 20 badges.Members holding 5% or more receive priority. If demand for the remaining badges exceeds the allocation available, these are distributed either on a first come first served basis or by ballot where required please check the horses individual webpage which will state which option is applicable for each horse.If you do not receive an owners' badge, Emris Racing will also seek free or discounted tickets or box access where possible so that you do not miss out on the day.
No. Emris Racing syndicates are suitable for experienced racing followers and people exploring racehorse ownership for the first time.You will receive regular updates and insight from the people working with your horse, so there is plenty of opportunity to learn more about training, racing and ownership as the journey develops.If you are unsure about anything before joining, the Emris Racing team can talk you through the process and what to expect.
Emris Racing is a proud member of the RSA (The Racehorse Syndicates Association), recognized by the BHA (British Horseracing Authority), ROA (Racehorse Owners Association), and NTF (National Trainers Federation). We adhere to the RSA's Conditions of Membership and the BHA's Code of Conduct for Syndicates, ensuring we comply with all BHA rules on Syndication Management. Emris Racing also holds a Licence to Manage Syndicates and Racing Clubs with the BHA.
Premium Education and Racing Syndicate members will receive an email confirmation along with their syndicate agreement within 24 hours of our receipt of payment.Welcome packs are sent out approximately 2 weeks after receipt of payment..Club members will receive their confirmation email and digital photo within 24 hours of purchase. Club members do not receive a welcome pack through the post.
Lease shares have no-upfront cost and just a low monthly "keep fee" you are entitled to your share of net prizemoney and have the opportunity of owners badges when the horse runs.Capital shares involve a one-off cost to purchase your share of a horse along with a monthly upkeep fee. You are entitled to all of the benefits of lease shares but also your share of any bonus* and net sales proceeds.*excluding sales vouchers
Only Premium Shares and Racing Syndicate members will receive a welcome pack. The Welcome pack will be sent out by post 14 days after your share has been confirmed. Please allow an extra few days for delivery.
Club members will receive an email confirmation and digital photo, If this has not been received within 24 hours please check your spam/junk and contact us.
If you purchase a club share or complete the share agreement in a Premium or Racing Syndicate you can change your mind with written notice within 14 days and and your Club share price/initial keep payment will be fully refunded.
Yes, all horses will be insured against all risks of mortality (ARM), As part of the lease agreement with the owner, and on behalf of the owner.
When you purchase shares (Racing syndicates and premium education) directly from the horse page on this website you will be directed to Stripe which automatically sets up the subscription payment. Meaning nothing else for you to do.Alternatively you can set up a direct debit or standing order for the 1st of every month. Or, you can manually pay each month via bank transfer. We'll provide the bank details once your share agreement is completed. Please remember to include your initials and the horse's "Stable Name" as the reference.Where available you can also choose to pay 12 months in advance. Making a great gift option.
No, payments to Emris Racing don't include VAT. Emris Racing cover any VAT payments on behalf of members and then reclaim it if applicable. This is one of the ways we are able to offer excellent value for money.
Members do not receive VAT reimbursements.
Yes. Following any win there will be an auction where you can bid on the winning prize with 100% of proceeds from the auction going to the Injured Jockey Fund. The Syndicate Manager oversees the auction and arranges delivery of the prize. 'Pattern race' trophies are assigned at the discretion of the syndicate manager (some of these are perpetual and have to be given back to the racecourse.)
Number 1 rule here is do not panic. You can terminate your lease share with 31 days notice without prejudice. You will still receive any prize money won up to the date your share is terminated and Emris racing will look to offer the share to a new or existing member. You will be welcome to rejoin any of our other syndicates or the syndicate you left (subject to share availability).
With capital shares you would be required to sell your share. Emris racing can facilitate this, however, you are liable for the upkeep payments until the share is sold.
We understand that not every foal makes it to the track. Our "school" system aims to give them the best chance. Accidents can happen, which is why we insure all our horses. If your horse never races, we'll try to replace your share with another horse. If none are available, we'll look to purchase another horse, and you'll receive 3 months of free fees. If you prefer not to continue with a different horse, we'll refund 3 months of fees if you've held your share for over a year.
With lease shares normally the answer here is no. However, it has been agreed that 50% of the owners share of any bonus won will be paid to syndicate members within the annual payments each July. This excludes any sales voucher like the IRE Incentive for example.With capital shares you receive 100% of your share of the owners share of the bonus (Within the annual payment each July). This excludes any sales voucher like the IRE bonus for example.
Yes, we do charge a management fee, which is included in the monthly keep fee. If you'd like a detailed breakdown, just let us know!
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