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The Basics

MyRacehorse offers the excitement of racehorse ownership to any casual fan by way of fractional shares; in most cases, under £200. Our goal is to open the doors of ownership and offer owners a rewarding and engaging experience that connects them to their horse.  

Our goal is to enrich the horseracing experience for each owner. In addition to having a direct equity percentage in the horse, we offer regular updates on how your horse is doing, race day events and training yard tours so you can meet the connections and experience ownership from the sales ring to the racecourse!. When the horse races, you can gain access to the winners’ enclosure and parade ring through our lottery system. We will also occasionally offer premium (paid) events on race day including owner-exclusive parties.

Horses are living, breathing, fragile animals and no guarantees can ever be made about the outcome of purchasing a share in a racehorse. Most horses lose money, some break even, a few are profitable, and a select few are extremely profitable. We are here to provide a marketplace to make ownership safe, secure and fun, but we are not removing the risk from racehorse ownership.

When we first put a horse on the site, we will have an 'Indicate Interest' tab where you enter your email. Once we are ready to release the shares, the people who have 'Indicated Interest' will have the first chance to purchase. 

Yes! Your horse company is a for-profit entity. If the horse is ultimately profitable—which is measured against the cost of purchasing the horse, training, maintenance, and other costs associated with operating the  syndicate —you can expect to receive a dividend. Of course, there’s no guarantee that the horse will turn out to be profitable and in many cases horses are not profitable.

No, there are no out of pocket expenses after your initial purchase. The price of a syndicate share includes a prepaid amount for the care and training of the horse. In order to ensure the training and maintenance account maintains sufficient reserves prize money earnings (if there are any) are used to top off the account. In the event additional funds do need to be raised, MyRacehorse will have the option of issuing additional shares at whatever the market price is at that time.

Buying Shares

You are buying a direct equity percentage in the racing and breeding shares of the horse you have chosen. We establish a company for each horse offered, and offer shares of the syndicate of that horse to be purchased. It is an actual share; there is no expiry date and you own it for the entirity of the horses' career.

Anyone over the age of 18 from a qualifying jurisdiction can purchase fractional shares.

It's important that only one name is associated with each account. That being said, you’re welcome to share your login information with friends or loved ones, and if your friend has a MyRacehorse account, you can contact uksupport@myracehorse.com and we can add them to our mailing list for email updates about your horses.

MyRacehorse does offer gift cards that you can buy for someone else. Once they receive the gift card, they can check out our offerings on the website or app.

Yes, if there are still shares available you’re welcome to purchase more.

If one of our horses is about to race and shares are still available, we’ll take the listing down at post time. Once the race is over, our team will review the race results and check in with the trainer to confirm that the horse came out of the race in good standing.

If we believe the initial offering is still a fair valuation, we’ll make shares available for purchase again at the same price point within a few days of the race. If our team determines that the race had a significant impact on the valuation of the horse, and as a result the initial share price no longer fairly represents the value of this offering, we will stop offering shares in that series. Management might look into offering the series at a new price.

Currently, MyRacehorse does not offer a secondary market for the trading of micro shares. This is a feature that we will be looking to incorporate in the future, however; there is no time table for it’s availability.

Yes, we can help you transfer the shares, as a gift, to another MyRacehorse account holder. All transactions must be executed by emailing uksupport@myracehorse.com.

There is no maximum number of shares you can buy per horse, as long as there are shares left to purchase.

Each horse has a number of shares offered based on percentage owned of the horse and percentage value of the shares offered. Once that threshold is reached the offering will be removed from the site. As long as there are shares remaining you can add additional shares.

There are four parts to an offering:
The Horse – This is exactly how much was paid for the horse via private purchase or auction.

Acquisition Costs- These are all of the fees that are associated with acquiring the horse and getting them ready to race. It includes expenses like sales & use tax, insurance, transportation, veterinarian expenses, and the bloodstock commission fee. This account is a cash reserve account, so anything that isn’t used is returned pro rata to owners.

Prepaid Training – This covers training and care of the racehorse. It covers 24 months worth of expenses, depending on the horse. This is a cash reserve account, so anything that isn’t used is returned pro-rata to owners.

Management Fee – This is the MyRacehorse fee to acquire the horse, offer it via micro-shares on MyRacehorse.com, and handle the behind the scenes logistics of managing a racehorse.

Firstly, it is important to say that the value we paid for the horse is the value that we syndicate to our owners; our horses are never oversubscribed. Our Management fee is listed on the Buy Page and the Purchase Term Summary for each horse. MRH will also receive a portion of prize money and a commission for the sale of any Horse, which is also detailed on the Purchase Term Summary.

If a horse wins a race very impressively, it is reasonable to expect the value to increase. If we are considering a share price change, we obtain a number of independent valuations from trusted professionals such as Tattersalls, Goffs, and different bloodstock agencies. We then publish those on the relevant horses' page with an explanation of the new share price. We have been clear from the start that when you buy a share with MyRacehorse, it is a real share that does not expire which is why those who purchase shares early can benefit from their share as their horse progresses.

Horse Ownership

All horses listed on MyRacehorse undergo an exhaustive diligence process that includes a veterinarian check, conformation evaluation, and value assessment. The assessment includes pedigree analysis, race history, remaining conditions, and several other factors that determine the fair market value of a horse. Only horses that meet the vet, conformation and value assessment requirements are eligible to be listed on MyRacehorse. However exhaustive our diligence process is, no guarantees can be made in terms of how successful they will be on the race track. Our goal is to use the best practices, partner with credible horsemen, and be rigorous with our diligence/assessments, but there will always be an element of risk.

We strive to provide updates every week, but some horses will update more or less frequently. Ultimately, it depends on the horse’s trainer and ownership group.

Search the ‘Groups’ function of Facebook for the MyRacehorse UK Facebook page. When you join, you’ll be prompted to enter in the order number for your share to verify your owner status. That order number can be found at the top of the email we sent you to confirm that your order was placed.

If you no longer have a copy of your order confirmation email, you can also find this number by going to the account section of our website, then selecting “Orders” to view a detailed history of your past orders with us.

Yes, but you must be accompanied by a MyRacehorse Owner Concierge. Escorted tour opportunities are posted in the app and on the website. Our terms and conditions with the trainers, racecourses and partners require all owners to be accompanied by a MRH representative, so you’ll need an escort regardless of whether you have an owners’ license or not.

We are excited to announce our Certificate of Authenticity is now available for all MyRacehorse owners. This digital certificate can easily be printed from home and includes your horse’s name, as well as the date the purchase was originally made. Log into your MyRacehorse account, and select MyHorses from the main menu. Click on the name of the horse you’d like a certificate of ownership for. Click on the Offering tab and scroll down to the Profile section. Near the bottom you will see the words Certificate of Authenticity with an icon next to it. Click on that icon and follow the prompts to download and print your certificate.

Yes you can. Whenever one of our horses wins, we provide owners a link so they can directly purchase a winner’s enclosure photo with the option of having it framed.

For each horse, we have a select number of passes to provide access to the parade ring prior to the race. We distribute those passes among a horse’s shareholders via a lottery. You may enter for yourself, or yourself and one guest. Each share that you own of a specific horse entitles you to one entry into the lottery. You only need to enter once, our system will count your shares and make the appropriate number of entries. All entrants are notified of the results the evening before the race with the instructions for the winners on how to receive their credentials.

Yes. Tracks have been extremely supportive of MyRacehorse and in many cases we will receive a large number of Winner’s Enclosure credentials. When you enter a Parade Ring Lottery, you are automatically being entered into a Winner’s Enclosure Lottery. In most cases all entrants will be provided Winners’ Enclosure credentials. In the case that a finite number of credentials are available, winners will be notified the night before.

Whenever a horse races, the prize-money earned will be used to top up the reserve account, which is what we use to pay for ongoing expenses like stables, training, vet bills, etc. At the end of the calendar year, MyRacehorse will reconcile the account for each horse and our goal is to be able to pay out a yearly dividend to each owner based on their horses earnings. We will provide a detailed breakdown of the account and any payout within 60 days of January 1. If your horse wins a particularly large purse, MyRacehorse would potentially pay out a special dividend to those owners regardless of the time of year!

Each horse listing will specify the location of the trainer’s yard where the horse will live. Plans can change over time, and it may be necessary to move the horse to another trainer.

The trainer and the Co-Ownership group have the decision making authority as outlined in the Co-Ownership agreement for each horse.

Fractional share owners do not have any say in how the horse is managed. At present, the Syndicate Owners (MyRacehorse) are participants in the larger horse ownership group, and the intent is for the Co-Ownership group and the trainer to make decisions regarding the horse.

No, you do not have to become a registered owner to enjoy all of the benefits of micro-share ownership at MyRacehorse.

Aftercare

MyRacehorse has pledged a commitment to the wellbeing of thoroughbreds after racing. We team up with various organisations within the UK and Ireland to find new homes and careers for our retired racehorses. Not only do we make charitable donations to these great organisations, we actively participate in the safe transition and long-term placement of retired thoroughbreds.

The term Aftercare in horse racing refers to the safe transition, placement, and retraining of horses once they have been retired from racing. Some second career examples include eventing, hunter/jumper disciplines, dressage or trail riding. Depending on what is best for the horse, Aftercare organisations may decide to retire certain racehorses to a relaxing environment to live the rest of life out in the pasture at a loving home. Retired horses previously owned by MyRacehorse have gone on to second careers in jumping, eventing, or just living a healthy and peaceful life with other animals on a farm.

For every share on the platform, MyRacehorse directs a contribution to our Retired Racehorse fund. When one of our horses is retired, and a second home is chosen, the fund associated with that horse will go towards the rehoming/retraining fee. In addition, we contribute to Retraining of Racehorses in the UK and Treo Eile in Ireland, the two associations we work with in making the best plan for each of our retiring racehorses.

It depends on their age, soundness and prospects for a second career. MyRacehorse will always consult a licensed veterinarian and use their expertise combined with the trainers to determine a plan that is right for each horse.

Tech Support

We’re working on revamping our account section so customers can update their email addresses themselves. In the meantime, you can send an email to uksupport@myracehorse.com requesting an email change and a member of our staff will update it for you.

If you’re having trouble signing in, there’s a link on the Sign In page that allows you to reset your password, located right above the Sign In button. Click on that link and enter the email address you used to set up your account. We’ll email you a password reset link so you can set a new password for your account.

Payouts are issued to your MyRacehorse Wallet. You can view your wallet balance at any time by visiting the Account section of our app/website. Your wallet balance can be applied to any order placed through MyRacehorse.com, or you can request a wallet withdrawal to have your balance sent to you via e-payment.

You can reach the MyRacehorse Shop by emailing ukshophelp@myracehorse.com or by calling our dedicated support line, +44 (0) 20 4515 2330.