When you join a JDR syndicate you become a racehorse owner at your proportional share of total cost. Your training fees are fixed at £120 per calendar month per 5% shareholding and you will be charged a portional share of your race entry fees and jockey fees. You will also receive a portional share of your win and place prize money.

The minimum length commitment period as a shareholder in a JDR syndicate is 12 consecutive months from the agreed commencement date of the shareholding. Training fees are payable in advance either as a single lump sum for the entire 12 month commitment period or as a series of 12 monthly instalments by Standing Order on the 1st day of each calendar month. In addition, a shareholding in a syndicate to Buy In is payable as a single lump sum in advance.

The net balance of race entry fees, jockey fees and win and place prize money is settled as a single lump sum in the month that follows conclusion of the 12 month commitment period. Settlement of win and place prize money is conditional upon successful conclusion of the 12 month commitment period. Early withdrawal from a JDR syndicate by an owner will result in that owner foregoing their share of win and place prize money to be settled.

note - training fees includes horse transport and veterinary fees but does not include insurances.

As a JDR owner you are permitted one Owners Badge per 5% shareholding and you must submit a request for your Owners Badge on each occasion that your horse is a declared runner in a race. An additional Owners Badge for a Guest can be requested and may be provided on a goodwill basis and subject to availability. The course of events before and after race day will typically be as follows:-

Entry (5 days before) - eMail confirmation of the Entry
Declaration (2 days before on Flat or 1 day before over Jumps) - eMail and Text confirmation of the Declaration including request that each owner respond with their requirement for Owners Badges
Race day - Text confirmation of the wellbeing of horse including the stable view on how the horse is expected to perform in the race
Day after race day - Text confirmation of the wellbeing of horse

Owners Badges are collected at the Owners and Trainers entrance at the racecourse on the race day itself. At that time JDR owners may be able to purchase any additional Guest Badges that they require from the racecourse. Most racecourses provide additional Guest Badges for an owner with a declared runner in a race at a discount to the full cost of admission.

As a JDR owner you will be able to mingle with the Trainers and Jockeys in the racecourse parade ring and winners enclosure before and after your race. Entry to the racecourse parade ring and winners enclosure is restricted to Owners and their Guests with a declared runner on the day. You will be able to access both by having your Owners Badge on clear display for security staff.

You will have access to the racecourse parade ring from around 15 minutes before your race. At that time you will be able to congregate with any other members of your syndicate who are attending on the day and have a meet and greet with the Trainer and Jockey. You will also be able to see your horse at close quarters as it is saddled for the race and walked around the racecourse parade ring.

If your horse wins or is placed in your race you will have access to the racecourse winners enclosure immediately afterwards and be able to learn the thoughts of the Trainer and Jockey on how your horse has performed. Most importantly, if your horse has won your race, as a JDR owner you will be able to participate in the post race presentations and hospitality conducted by the racecourse.

note - trophies presented by a racecourse are typically retained by the stable.

Members of the Racehorse Owners Association (ROA) who own a minimum of a 5% share of a horse trained in Scotland will qualify for the Scottish Racing Admission Scheme. The scheme operates on a calendar year basis and provides free admission to almost all of the 100+ race fixtures held at Ayr, Hamilton, Kelso, Musselburgh and Perth. The single exception to the scheme is the Scottish Sprint Cup fixture held at Musselburgh with the free admission at all other fixtures being provided as follows:-

Ayr - 1 x Club Enclosure Badge
Hamilton - 2 x General Admission Badges
Kelso - 2 x Members Day Badges
Musselburgh - 1 x Owners Marquee Badge
Perth - 1 x Grandstand Badge

Annual Fee for Membership of the ROA is £242 and comes with many benefits beyond the Scottish Racing Admission Scheme including an annual owners car park pass, free admissions to race fixtures held in England and Wales and discount on BHA registration fees.