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Ownership Options PDF Print E-mail

 

Koo’s Racing Club is offering you two types of ownership, buying and leasing.

Before you decide which option is best for you, you need to know few things which are same for both.

 

  • All Clubs’ horses have shares as small as 5%. 

  • There is no limit as to how many shares you can buy or lease.

  • Prize money won by each horse is the property of  members of that horse.   Prize money is not pooled together and shared between all members of the Club.

  •  All Clubs’ horses will be running in Koo’s Racing Club’s racing colours.   These are green with brown braces and armlets and white cap.   If we have two horses running in the same race then the second horse will almost certainly have a brown cap.

 

Is Buying the best option for me?  

If you decide to buy a share in a race horse you need to be aware that this means that you are purchasing this share for an indefinite period.   Your ownership of this share will end only when your horse is either sold, retired from racing or you wish to cease your membership.

 

Is Leasing the best option for me?

Leasing a share will suit you if you are experiencing your first steps into racehorse ownership or you are just simply unsure about what the benefits of racehorse ownership can bring you.   If you decide to lease, then you are required to keep your horse for minimum term of 6 months.   After your minimum lease term finishes then you can decide if you wish to continue with the same horse, choose a different horse or terminate your membership.

 

 

Last Updated on Sunday, 29 August 2010 15:38