Company ownership

Become a company owner

What you’ll need to complete your application

Email address

The email address at least one company director is required for communication relating to this application. A key director should be selected and this person will be able to log in to the Racing Admin system.

Accounting facility

During the application process you’ll be asked to set up a BHA Direct Debit Arrangement. This will allow us to pay your prize money and for the automatic payment of entry fees, jockey fees and future registration fees.

Overseas companies need to establish accounting arrangements and use a specific British Horseracing Foreign Account. To set this up you will not need to provide any additional details as part of the application and will be contacted after.

Direct Debit

Direct debit details are required to set up a British Horseracing Authority Direct Debit Arrangement. To complete this stage of the application online, these details should belong to the prospective owner. If the details don’t belong to the prospective owner, you’ll have the option of downloading and filling in a direct debit mandate before returning this to Weatherbys.

Ownership package

In addition to registering, many owners make a number of other purchases before racing their horse/s. These include registering their own racing colours, setting up an authority to act and registering to reclaim VAT on their racing expenses. To simplify this process, we offer two upfront packages for new ownerships.

  • Ready-to-race package
    Includes the ownership registration fee, colours and authority to act registrations
  • Complete racing package
    Includes ownership registration fee, colours, authority to act and VAT registrations

Payment method

Information on the fees payable are included below. You’ll need a credit or debit card to pay for this application.

Become a Racehorse Owners Association member

Owners receive a 20 per cent reduction on registration fees with Racehorse Owners Association (ROA) membership. Click here for more information.

Documentation

If you’re a foreign-based company, we’ll ask you to submit the following documentation:

  • Memorandum and Articles of Association
  • Register of members
  • Annual report for previous three years
  • Balance sheet and profit and loss accounts for previous three years.

Note: photocopies of the above documentation will suffice.

If you’re a UK based company we will retrieve this information from Companies House. In the instance that for any reason we are unable to do this, we may ask you to provide these documents separately.

A few things to know about the application process

Saving your application

Your application can be saved at any time while you’re completing it. The ‘save’ button is located at the bottom of the page. When you click ‘save’ for the first time, a message will appear with details on how to resume your application at a later date.

Identity check and credit search

An electronic identity check will be undertaken on all directors and the company secretary.

What happens next?

Once submitted, your application form will be processed by Weatherbys and considered by the BHA. We’ll keep you informed on the progress of your application by email.

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Fees

Registered owner £981.00
Ready-to-race package (optional - includes ownership registration) £1120.60
(or) Complete racing package (optional - includes ownership registration) £1205.20
ROA membership (optional) £261.00

Ownership guidance notes

Please ensure you’ve downloaded and read the ownership guidance notes before starting your application.

 

For assistance with your application, contact Weatherbys on +44 (0)1933 440077 or email ownershipdesk@weatherbys.co.uk.