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.
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.
Once you've completed and returned the share agreement and made the first keep payment, you'll receive a share confirmation letter via email.
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.
If you complete the share agreement you can change your mind with written notice within 14 days and and your 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.
You can set up a direct debit or standing order for the 1st of every month, which we highly recommend for convenience. Alternatively, 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.
You can also choose to pay 3/6/12 months in advance for horses not in full training. 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.
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).
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 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.
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!