Becoming An Owner with Tim Vaughan Racing

Racehorse ownership is all about enjoyment, so we think it is important to make the process of becoming an owner as stress-free as possible. Below, we guide you through the essential first steps.

Step 1: Choose your horse

If you are interested in becoming an owner, please visit our ‘Horses For Sale’ page to see what horses we currently have available to purchase in the yard, or alternatively get in touch to discuss options.

Step 2: Register as an owner

All owners have to be registered with the racing administration service Weatherbys, though you can purchase your horse first before proceeding with registration.

Step 3: Choose your racing colours

Choosing your silks is great fun and you can select from a range of colours and designs, which you can try out online at Allertons. Once you’ve chosen the design, please let us know and we can order these for you.

Step 4: Sign a training agreement

Sign a training agreement, drawn up and recommended by the Racehorse Owners Association (ROA) and the National Trainers Federation (NTF).

Step 5: Register for the Racing VAT Scheme

The racing VAT scheme allows all owners the opportunity to reclaim their VAT, providing their horse is sponsored and our yard sponsor Blue Max kindly facilitates this. For advice and help on how to register for the VAT scheme, please give us a call in the office, or alternatively contact the Weatherbys VAT helpdesk on 01933 440077.

If you have any questions, please refer to our FAQ on the website, or give Tim a call.

The Racehorse Owners Association have produced a brilliant online handbook, A Guide To Racehorse Ownership, which can be viewed by clicking here.