The ownership of a thoroughbred racehorse must be registered with the Agency before the horse can race. Once ownership has been approved, you can then apply for approval to race a horse.
There are a variety of ways you can register your ownership. This includes:
- Sole ownership: where you take full responsibility for the horse.
- Partnership: where you race the horse with up to twenty people and share ownership for a percentage of the cost and prize money.
- Syndicate: where you register a group of up to 20 people, and the syndicate then owns a share in the horse.
- Promoters and Syndications: where you own a race horse purchased through a licensed promoter. You will own a share in the horse with a group of people and share ownership for a percentage of the cost.
- Lease: allows you to race a horse without owning or purchasing the horse.
You are advised to contact the Agency in the first instance to discuss which ownership option would best suite your situation. The registration and approval process will vary depending on the type of ownership you choose.
Please be aware that you must comply with the specified rules and your registration may be subject to conditions.
Please consult the Contact Officer for more information.
A licence defines the need to obtain recognition / certification and registration to undertake a certain business activity.
You can register as a syndicate as any of the following:
- A company;
- A combination of people not exceeding twenty;
- A firm; or
- A stud which has been registered as a syndicate in the name of the stud.
The relevant rules set out further requirements for each type of ownership.
Please consult the Contact Officer for more information regarding eligibility requirements.
Fees will vary depending on your circumstances. Please consult the Contact Officer for more information.
Racing Act 1999 (Australian Capital Territory)
Australian Rules of Racing (Australian Capital Territory)
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