Who can be a member?
Anyone 18 years or over. All we ask is that our members understand that this is an inclusive club and we want and encourage diversity in our owners.
What does it cost?
Our lease shares have different terms and conditions. Please see the details for each horse. The lease starts as soon as your payment is made and the funds have cleared into our account and is for the duration as specified at the point of sale.
This is a gift for someone else, what do I do?
Simples! When you complete your purchase at the checkout complete the boxes that indicate this is a gift for someone else. They will own the lease, receive any prize money and receive all invites to race days and events. Please make sure you add the email address of the person you are giving the gift to.
What will I get when I buy a share?
Your lease will provide a huge amount of fun and a committed group of like-minded people to go racing with plus:
1. Stable visits to watch your horse train
2. The possibility of access to the owners’ and trainers’ areas and parade ring on her race days
3. Trainer updates and insights
4. Regular updates on your horse
5. Donation to rehoming and retraining of racehorses organisation
6. Virtual events
7. Exclusive “Let’s Get Racing” membership keyring card *
8. Let’s Get Racing owners badge. Please wear with pride! *
9. Access to the friendliest and most inclusive horse racing club in Britain
Note * Only available for 12 month lease
What happens to prize money?
It is important to remember that although all races run in the U.K. have prize money available (bar one run at Newmarket racecourse called the “Wood Ditton”), we recommend you treat your lease as months of entertainment and fun rather than as an opportunity to make money. Racehorses are living creatures and we cannot guarantee that our horses will perform sufficiently well enough to win races or to even make a racecourse appearance. However, our trainer will do their best to bring you fun and enjoyment.
The fees you pay Let’s Get Racing cover the training fees, all costs provided to us by the trainers of our horses and your subscription to The Racing Manager (*if this applies to your horse). These are covered at cost.
Before any prize money owed can be calculated all race-day costs must be met. These include but are not limited to:
– Racing Silks purchase
– Entry fees
– Registration fees
– Declaration fees
– Jockey fees
– All Weatherby’s deductions
If the prize money earned through a year is less than the total of the race day costs through the year, no prize money will payable. As such, you should consider the main benefit of your lease share ownership to be participation and involvement. Any prize money is an unexpected bonus!
Let’s Get Racing run a prize money dividend which is calculated annually. All prize money is collected and distributed on a horse by year basis, once per year and calculated based upon the duration you have owned your lease share for. Ie. If you have owned your lease share for 1 month at the point at which the prize money dividend is paid, you will receive 1/12th of the dividend available for that share. Below we have illustrated the % of prize money due to each lease share if the share has been owned for 12 months:
What happens to the horse after racing?
We mostly buy fillies who race for 2 or 3 years and then, we hope, they become broodmares producing the next winners for Let’s Get Racing. When we have geldings in the Let’s Get Racing Club, we endeavour to re-train and re-home them. This means our horses can enjoy second careers and long and happy lives after racing. As part of this commitment, a percentage of your lease fees are donated to organisations connected to the retraining of racehorses.
How do I renew?
It’s dead easy! You renew through the website. We’ll send you a little email reminder to prompt you.
I’m a member but need to change my address, email address… How do I do that?
All your details can be changed, please email email@example.com. Please note the share you purchase is non-transferable, non-cancellable and cannot be sub-divided.
Who runs Let’s Get Racing?
Dawn, Maria and Russell. Three friends who love horses, love racing and want to enable new people to experience the joy of horse racing.
Can I sell my share or transfer it to someone else?
Your one off payment is for the duration of the lease as specified at point of sale and the share you purchase is non-transferable, non-cancellable and cannot be sub-divided.
Can I cancel my lease?
Absolutely, please just email us. There will be no reimbursement of the membership lease fees should you wish to terminate the agreement and you will be liable for any payments missed. Each share is non-refundable.