Ownership privileges

There are many benefits of owning a racehorse, from the privilege of naming your horse, choosing jockey silks and sharing an exciting journey with an amazing animal, right through to the huge thrill of competing in races and being a prospective winner!

Prizemoney

• The biggest benefit of direct racehorse ownership is obviously prize money, bonuses and trophies earned by your horse. Did you know that one Saturday win in the Metropolitan area could cover training costs for a year or more?
• Prize money earnings are tax-free if ownership remains a hobby.
• Prize money is paid weekly directly into owners’ bank accounts by Racing Queensland.
• There is a 10% deduction for the trainer and 5% deduction for the jockey.

Jockeys Silks

• The jockey wears the colours provided by the managing owner, syndicate or the trainer.
• Get creative and design your own set of unique colours that could one day be famous! Register your colours with Queensland Racing Integrity Commission to ensure they are available.

Naming rights

• A huge highlight of ownership is naming your young racehorse. Coming up with a clever and unique name can be quite a challenge but is a lot of fun.
• Remember that your horse’s name will be shouted by a race caller and if you’re really lucky, chanted by hordes of admirers!

Behind the Scenes Access

When you become a racehorse owner, you are opening the doors to racing’s elite. When your horse races you gain backstage access to racing royalty, and you may even end up in the headlines if your horse wins!

Ticketing & Race Day Privileges

As a named owner (in the racebook), you may be entitled to some race day privileges at Queensland race clubs to enhance your enjoyment of the event. These could include things like free admission (for named owner and guest/s, a free race book, access to Members’ facilities, access to tie-ups and other privileges. If your runner is a winner, Clubs may also offer special hospitality or even a photo or USB to remember the moment! Remember, each club may have different offerings, so contact the Club (via their website or call the race day office) to find out.

Brisbane Racing Club, Gold Coast Turf Club, Toowoomba Turf Club and Sunshine Coast Turf Club recognises the contribution made to the racing industry by owners and offers a range of privileges on days when your horse is racing. For more details, please visit their website.

Associated Costs

Becoming a racehorse owner requires a sound judgement of investment. Your level of investment will affect what percentage share you can afford to purchase, and the location of where your horse will be trained.