Frequently Asked Questions

Unlike many other syndicates, we never levy a prize-money tax on owners. We pay 100% of owners’ prize money with no deductions. The Racing Post displays gross prize money including trainer, jockey and stable percentages. Owners typically receive around 78% of win prize money and 83 – 87% of place money. We distribute prize money annually towards the end of the year, without deduction.

No. Unlike many syndicates Hambleton pays leaving owners at fair market value rather than asking you to forfeit your share. Just give us notice so we can plan around the change. There’s no impact on the rest of the syndicate.It’s all part of our fair-play ethos. So whether your circumstances change, or you want to move onto another horse, you won’t be penalised.

We review each horse with the trainer towards the end of the season and keep all owners updated, and take the views of owners into account. You’re never obliged to stay with a horse, and you’ll receive the value of your share if it’s sold. There are also no implications at all for owners who are continuing in a syndicate when another owner is leaving.

You receive your share of the selling price, less applicable commissions (typically sales house commission plus 5% to the trainer and Hambleton). Our sales commission is fixed and won’t increase if your horse sells for a notable profit, like many Hambleton horses have in recent years.

Hambleton’s owners are kept informed of training progress, race entries and all major decisions, and we welcome input from owners. Your racing manager is always on hand to discuss plans whenever you want.

Just about everything. That’s:

• Training
• Vet’s bills (however expensive)
• Farrier’s cost
• Dentist’s
• Transport
• Outside gallops
• Feed
• Supplements
• Day-to-day stabling costs
• All other related administration and racing costs, such as the jockey’s riding fee and your two owners’ badges for each race meeting.