ROA Owners Jackpot races in July and August

Below is a list of races ROA Owners Jackpot races taking place in July and August.

As usual, these races will carry a bonus of £2,000 to the winner if qualified for an Owners Jackpot. To qualify, horses must be owned by ROA members.  In the case of a racing partnerships – the horse needs to be registered as at least 51% in the ownership of ROA members.  For horses owned by Clubs or Syndicates – the majority of the club/syndicate managers will need to be members of the ROA to qualify.

Further details can be found at www.roa.co.uk/jackpot

July 5 Perth 3m Class 4 4yo+ 0-105 Novices Handicap Hurdle
July 13 Chester 7f Class 4 3yo+ 0-85 Handicap
July 20 Haydock 1m2f Class 5 3yo 0-70 Handicap
July 26 Doncaster 6f Class 4 3yo 0-80 Handicap
August 6 Ripon 1m 4f Handicap 3yo+ 56-75
August 15 Worcester 2m 7f Handicap Steeple Chase 0-110
August 22 Bath 1m Handicap 46-65
August 28 Epsom 1m 2f Handicap 51-70 3+

 

ROA Support of Staff & Owner BBQs Keeps Yards Sizzling

For a second year the Racehorse Owners Association will be offering contributions of £100 to trainers organising BBQs or other social events for their staff and owners during Racing Staff Week (1 – 8 July 2018).

The initiative, which saw contributions to 30 events in 2017, proved popular last year and provided an ideal environment for owners and staff to get to know each other better in a relaxed and informal atmosphere.

Owners have cited that an important element of their ownership experience is getting to know the member of staff that cares for their horse(s). It is hoped that these events will continue to develop owner/staff relationships, whilst also celebrating Racing Staff Week and the dedication of racing’s workforce.

Trainers will shortly receive an application form for the funding contribution via email. Alternatively, forms can be downloaded from the ROA website. Closing date for applications is 8th June 2018. A maximum of 30 contributions are available, with successful applications being drawn at random. BBQ organisers will be encouraged to take pictures and share them on social media using #racingstaffweek and #ROABBQs. Feedback on the events will also be invited.

For further information on the Staff and Owner BBQs please contact Chloe Martin on cmartin@roa.co.uk or 07725 031336.

 

Over 20 MOPS registered horses entered for Goffs Spring Sale

Over 20 NH Mare Owners Prize Scheme (MOPS) registered horses have been entered for the Goffs UK sales next week commencing Tuesday 22nd May. NHMOPS horses at the sale have no additional scheme registration fees to pay.

NHMOPS is a National Hunt incentive scheme to promote NH filly/mare ownership where registered horses can win up to £10,000 in bonuses per win in qualifying races.

The winning trainer receives 15% of the bonus prize, whilst their yard receives 5% for pool money. The other recipients are the owners, who collect 70%, and jockeys, who receive 10%. Terms and conditions apply. Registered horses will have a NHMOPS logo printed on their catalogue page.

For more information on the scheme’s prizes and qualifying races please click on the NHMOPS link on the TBA website homepage; thetba.co.uk

Lot numbers of registered horses by sale

Goffs UK Spring Store Sale

16, 21, 32, 34, 63, 65, 72, 107, 110, 119, 123, 158, 166, 174, 205, 226, 235, 238.

Goffs UK Spring HIT/P2P Sale
292, 344, 368.

 

GDPR – advising owners on the use and protection of their data

A template ‘Fair Processing Notice’ for advising owners of how you use and protect their data is now available on the NTF website along with guidance notes and a template owner personal data processing record. (You can access these documents easily from the main link on the home page.)

As with the employment documents, you will need to adapt these documents to reflect the processes and procedures in your own business.  We have also produced a suggested template email for you to use to obtain consent to continue sending communications to non-owners, so for example where you send out information about ownership opportunities.

Change to the Standard Conditions of Race Entry

A change has been made to the Standard Conditions of Race Entry, to reflect the fact that horse ambulance providers are unable to secure insurance for further injury during transport to an already injured horse, thereby creating an uninsurable risk. The change, which will be effective from Monday 12 February 2018 was proposed by the RCA, and agreed by the ROA, NTF and BHA.

From this date, the following additional wording will be added as paragraph 2(e):

“Without prejudice or limitation to the provisions of Condition 2(b) above, the Owner acknowledges and agrees that the horse ambulance providers acting as independent contractors to the Racecourse do not hold and are unable to obtain insurance in relation to transportation of already injured racehorses as such insurance is not available in the market. The Owner shall satisfy themselves as to the sufficiency of their insurance cover in relation to their racehorses and any loss, injury, damage or delay of whatsoever kind which they may suffer if transported by such horse ambulance providers. The limitation of liability and agreement not to sue contained with Condition 2(b) shall apply in relation to the Racecourse Authority, Racecourse Employees or Officials in respect of any such loss, injury, damage or delay of whatsoever kind which the Owner may suffer if racehorses are transported by such horse ambulance providers. The Owner agrees that this is a reasonable allocation of risk having considered the relevant circumstances.”

This change to the Standard Conditions, which was developed with legal advice, is to alert racehorse owners so that they are suitably prepared to deal with any issues which arise, particularly in relation to the insurance cover for their horses.

The full Standard Conditions can be found on the BHA Racing Admin website at the top of the list under Information/Conditions for Entry.

Syndicates Association to collaborate with the NTF

For many trainers, syndicates are the life-blood of their yard and it’s not uncommon for well over half the horses to be in group ownership schemes of various types.  It is estimated that there are over 5,000 owners involved; commercial syndicators are already managing well over 1,000 horses, with numbers growing all the time; and the economic contribution to British racing is well over £50 million a year.  This is in marked contrast to sole ownership which is in steady decline. Syndicates are inevitably going to be an even greater component of total ownership in the future. Different types are emerging, with trainers entering into joint ventures with professional syndicators, racecourses setting up their own racing clubs and increasingly large numbers of first-time owners coming into the sport through small, fractional shareholdings.

The Racehorse Syndicates Association (RSA) is the industry body representing professional syndicators.  Details can be found on www.racehorsesyndicates.org.  All the big names such as Highclere and Middleham Park are represented, as well as many smaller operations right across Britain.  Some of these groups are amongst the biggest owners in the country.  Membership has doubled in the past two years and is now at its highest ever level.  In the short term the RSA is working hard to improve the overall benefits package at racecourses for syndicators and syndicate owners while developing a longer-term strategy that assesses the broader implications for racing of the likely huge growth in syndication.

The RSA recently approached the NTF with a view to collaborating with us, so we’re proposing a small working group to identify areas of common interest and create an action plan for joint promotion of syndication as well as understanding the needs of trainers and racing secretaries in this area.  If you’d like to be involved in this group, please let us know.

New reforms launched to improve ownership experience through simplified administration

The BHA has launched a package of reforms to modernise and simplify the administration of racehorse ownership. The measures will mean the task of ownership administration is more convenient, efficient and easy to understand, with the transfer of the registration and management process online expected to save owners thousands of hours a year of filling in forms. The simplification and reduction of ownership fees will also save owners thousands of pounds per year in total, with the types and number of ownership options simplified to mean there are now only five types rather than eight: Sole, Company, Partnership, Syndicate and Racing Club.

New and existing owners now have access to the new Racing Admin system, where a newly designed, intuitive ownership portal enables them to manage their ownerships online and keep up to date with their horses and ownerships. It also facilitates free access to a number of enhanced features such as the ability to search the race programme.

New registrations are also handled through the portal which will not only mean the process is more user friendly, but also ensures swifter turnaround time between submitting the forms and the approval of applications. The reforms benefit existing owners through the alignment of re-registration fees, which will now fall on one date in the year to reduce the drip feeding of charges and correspondence received.

A new code of conduct for syndicates has also been brought in, which highlights a number of basic requirements that all syndicate managers will need to ensure are met. These have been added to the Rules of Racing in order to protect syndicate members.

A dedicated ownership support team at Weatherbys is on hand to answer any questions and guide owners through the new portal. The team is available on 01933 304808 or via ownersupport@weatherbys.co.uk   If trainers are aware their owners cannot use or do not have access to the internet they should be asked to call the Ownership Team at Weatherbys, contact details as above.  To ensure owners are confident using the new Racing Admin system a programme of events has been compiled. The sessions will take the form of workshops, Q&As at racecourses and online demonstrations and will be staged across the following dates and locations:

26th September – Warwick Racecourse

4th October – Weatherbys, Wellingborough

12th October – Exeter Racecourse

16th October – BHA, London