Introduction for new racehorse owners
Horse racing captivates the imagination of millions of people across the world and, unlike many other sports, you can be right at the heart of it by becoming a racehorse owner by leading your horse into the winners box.
From purchasing your horse at the sales, through naming and choosing your very own racing silks, selecting your trainer and jockey to arriving at the track to see your horse run, to leading your champion into the winners enclosure, owning a racehorse is a remarkable journey.
The networking in racing circles is of the highest calibre and great for your business. You will also meet like minded people who share a passion for the Horse and Sport of Kings.
This may seem daunting but it’s a simple and straightforward process, one Snaith Racing can assist you with.
Purchasing a horse will take place at one of the Yearling Sales throughout the year through one of the two sales companies, Bloodstock SA or Cape Racing Sales. You can visit their websites for sale dates and catalogues – www.bsa.co.za and www.caperacingsales.co.za. Snaith Racing will assist you throughout the process of securing your desired horse
Whether you want to register yourself as an Individual Owner (R4120), Syndicate R10 020) or Partnership (R5390), we can help. It is even possible for Companies (R10 020) to register as owners. An NHA Authority to Act (R860) will need to be signed by both trainer and owner, which grants your trainer authority to manage your horse.
Once registration is received by the National Horseracing Authority it will take no more than two days to be approved.
You can name your horse anything subject to NHA approval for R212. If your horse has already been named by the breeder then the renaming fee is R1917.
Cape Racing membership is a must and the club will provide you with two badges, one for yourself and another for your guest. These are vital to gain access on big race days. You will be required to full in the Cape Turf Club membership form on www.caperacing.co.za/cape-turf-club.
- Sole ownership - For people who wish to own a horse outright.
- Company – For owners wishing to own a horse under the name of their company or business.
- Partnership - Enjoy all the excitement of sole ownership while also sharing the costs. This is a great way to get involved, with a group of like-minded friends, each having their names in the race card and collectively selecting racing silks.
- Syndicate – For a large group of people coming together to own a horse, but who do not have to be sole owners in their own right. The ownership is managed and set up by a syndicator who is responsible for the syndicate. The King’s Club syndicate can manage this process for you, even if you would like to start with as little as a 1% share. Visit www.thekingsclub.co.za for further details on how to get involved.
To check on up-to-date nominations and declarations you can visit www.sahorseracing.co.za.