It may cost a lot less then you think.

Owning a race horse can be the most exciting and enjoyable experience. Ask anybody that owns a racehorse and they will tell you that owning a winning racehorse is one of life's greatest thrills. But racehorse ownership can also require patience and involve frustration and disappointment. There is never any guarantee that even the most expensive horse will succeed and racehorses just like any professional sports player can suffer from injuries or setbacks. For most owners however the pleasure and excitement outweigh the expense and potential disappointment and they become addicted to the racing buzz

There are many ways to own a racehorse. You can have full ownership of the horse. Part ownership is where two or more people can decide their share of the ownership. Racing Clubs have become an affordable way to get involved in ownership. An excellent website to find out all you need to know about racehorse ownership is British Horseracing Authority.

Racehorse Owners VAT Scheme/Sponsorship

Owner Sponsorship provides the foundations upon which the VAT Scheme for racehorse owners is built. The income received from sponsorship allows owners to reclaim VAT on their racing expenses - including training fees, transport costs, veterinary fees, jockeys fees and even overnight stays when travelling to watch your horse run. At Mowbray House Farm we are lucky enough to have a yard sponsor so all we need to do is put your horse on the list and you can start reclaiming the VAT straight away. For more details on the sponsorship go to British Horseracing Authority and download the Racehorse Owners' Sponsorship Code of Conduct produced by the British Horseracing Authority to help you ensure that you comply with all the requirements laid out by Customs and Excise. Our yard sponsor is Ride-Away an Equestrian Superstore and Mail Order Company located 2 miles away and owned and run by Ruth's parents Stephen and Angela Clark. Ride-Away sells everything for horse, rider and much more besides. Go to Rideaway to see for yourself.

Training Fees

Training costs £240 a week. Extras are farrier, vet, dentist, physio, herbal/supplements, transport and staff expenses away from the yard