Horse Racing Ireland has a designated
Ownership Department to assist both new and existing owners. To meet the team
and learn about all things Ownership please see www.racehorseownership.ie.
For a horse to race under your name,
syndicate, partnership etc, you must register these details with HRI.
Registering as an owner with HRI is for race track purposes and is not relevant
Owner registration takes two working days,
once all the correct paperwork is lodged e.g. if the forms are received in
order on a Monday, the account is up and running on the Wednesday.
Sole owners (1 member), Syndicates (5-20
members), Partnerships (2-4 members), Clubs (unlimited) and Companies are the
various ownership options available. To learn more on your ownership option see
here (link https://www.racehorseownership.ie/where-to-start/owner-options/)
Yes, they still must register in Ireland if
they are going to have a horse in training in this country with a licensed
As a sole owner, you must race under the
name (or initials) that appear on your official identification. The other forms
of ownership give options to race under a syndicate or partnership name.
No, HRI documents are not legally binding
and for that reason HRI advises new and current owners to have a written
agreement drawn up between themselves stating any private details of actual
ownership etc. Ideally this should be witnessed by a solicitor.
All sole owners and partners will have a
HRI account. In the case of syndicates, clubs and companies there will be one
account, which the agent can access. This account is used for racing
administration charges, race associated fees and prizemoney. You can also pay
your trainer and associated fees from you HRI account, on request.
Sole owners and Syndicate accounts must
lodge a minimum of €500 per horse, whilst racing clubs must lodge a minimum of €1,000.
Partnerships can vary depending on their structure.
From the initial lodgement the relevant set
up fees are charged, with the remaining balance then going towards entries,
riding fees etc.
See here for a breakdown of fees (https://www.racehorseownership.ie/Budget-and-Costs/)
All account holder will have access to RÁS,
which is the HRI online accounting facility to manage and access your account.
You can do this via the app here(link https://www.racehorseownership.ie/teamcolours/).
Alternatively you can choose to call the Registrations Dept (045 455424) where
a provisional check can be carried out.
The cost of making colours can vary
depending on where you get them made.
We would advise you to initially consult
with your trainer who may have someone in their locality. Alternatively contact
Horse Racing Ireland, for the details of Kildare based producers.
An Authority To Act is an agreement whereby
a Registered Owner authorises a Licensed Trainer (or their duly appointed
sub-agent) to act on their behalf for the administrative purposes associated
with the training of a Racehorse. It is an annual charge.
This authority to act allows the appointed
trainer carry out various racing administration in relation to returning horses
in/out of training, update to ownership detail, entries and declarations.
Authority To Act agreements allow for the efficient and fluent administration
of racing by the trainer.
However, we strongly recommend that
Owners take cognisance of the power that they are bestowing on a Trainer when
registering an Authority To Act agreement.
Colours, Authority to Act, Syndicates and
Partnerships etc are all renewed annually (unless otherwise stated) and are
done so automatically. You will receive a cancellation correspondence in
December ahead of the new year. It is t important to keep all registrations
up-to-date in order to prevent any incorrect charges e.g. an authority to act
for a past trainer or an old set of colours no long in use etc.
Any prize money won by the owner will be
lodged into your HRI owner account. For the owner to withdraw money from their
HRI account bank account details are required. HRI will not have the ability to
withdraw money from your bank account – it is only for making lodgements.
The agent will be the point of contact with
HRI. The appointed agent will need to register as an owner in his/her own
right. For more on syndicates see here
All syndicate and clubs must have a Code of
Conduct in place. This document should outline all elements of how the
syndicate or club is to be managed and member entitlements. HRI can request to
see this document at any time. All members must sign and receive a copy of the
code of conduct. It should also be signed by the agent.
An Additional Syndicate Horse form (link https://www.racehorseownership.ie/register-with-hri/registration-forms/)
must be lodged for each horse racing under the syndicate name. This form
requires all the members to sign up to the new horse. Each member signing must
have received and signed copy of the syndicates Code of Conduct.
Members must sign in or out on the
appropriate change of membership forms (link https://www.racehorseownership.ie/register-with-hri/registration-forms/) and the agent must co-sign these documents.
The Code of Conduct may also dictate how a person can leave or join a
Agent must submit a letter confirming: 1)
Wishes to resign 2) Who the new agent is 3) Transferring colours & account
balance to the new agent 4) Confirming if he is remaining a member or not. The
new agent must then 1) Register as an owner 2) Complete a colours &
authority to act form 3) Get all members to resign Syndicate forms for each
horse still in the Syndicate.
A partnership consists of 2-4 members. All
members must be registered owners, but the first named partner only needs to
have the colours and authority to act registered.
A partnership form needs to be lodged for
each horse involved, the breakdown in costs determined by how the form is
When set up, the partnership operates
through the existing ownership accounts - it does not set up a separate
partnership account. Learn more about Partnerships here (link https://www.racehorseownership.ie/partnership/)
The partnership form allows you to select a
partnership name no longer than 30 characters including spaces and the term
“Partnership”. This is for racecard purposes only.
If all members are already registered
owners and if the horse is already named, the partnership will be set up on the
day the partnership form is lodged. If one or more of the members have to
register as an owner, the partnership will not be set up until two days after
the ownership forms have been lodged correctly.
A Racing Club must have 2 agents, both need
to be registered as owners in their own right. The agents carry out the
administration responsibilities of the club.
The HRI account is then opened under the
club name which then appears on the racecard as the owner. Learn more on how to
register as a racing club here (link https://www.racehorseownership.ie/club/)
Provided the company is registered with the
Companies Registrar Office, an account can be opened up under the company name
on the receipt of the correct documentation. For further information see here
Your AIR card is your admission card on
days where you have a runner.
Sole Owner (4 cards), Syndicate (4 cards),
Partnership (4 cards), Company (4 cards) and Club (4 cards). All ownership
formats are also permitted to additional admissions. For more on ticketing see
here (link https://www.racehorseownership.ie/tickets/)