Benefits of Membership
Third Party Liability Insurance
All ROA members receive automatic third party liability insurance cover (up to a limit of liability of £10million) against potential damages if a horse they own causes damage or injury to a third party.
The ROA introduced this scheme as owners are currently vulnerable to claims even when their horse is in someone else’s possession.
Recent tragic accidents have left many owners concerned about the risks of a claim – potentially running into millions of pounds – being brought against them by a third party for which they have inadequate protection.
The law defines a racehorse’s owner as any individual who has a financial interest in that horse, so all members of a racing partnership should be mindful of their potential exposure to that risk.
The ROA members’ third party liability insurance scheme applies to horses in training, horses being prepared to go into training and horses temporarily out of training.
Terms and conditions apply. Visit the Third party Liability Insurance scheme page for full policy details.
Free racecourse admission to over 1,300 fixtures a year
Racecourse Badge Scheme for Owners provides free admission to more than 1,300 racecourse fixtures in 2010, including every fixture at 31 tracks. To qualify, members must own at least 50% of a horse in training or the equivalent in part-ownerships.
The scheme is limited to 4,000 places, and is run on a “first come first served” basis.
Applications are invited to join the scheme, which is run in collaboration with the Racecourse Association. An application form can be downloaded.
Once accepted onto the scheme, your membership card will be automatically activated enabling you to gain entry to qualifying fixtures. This scheme runs from January to December and members must re-apply each year to continue on the scheme. Members wishing to join the Racecourse Badge Scheme for Owners must have a photograph included on their Racing Industry Privilege Card (membership card) although this is not a condition of membership to the ROA.
20% Discount on most BHA registration fees
ROA members now receive a 20 per cent discount on many BHA registration fees including:
- Individual Owner
- Joint Ownership
- Racing Partnership
- Registration and re-registration of Colours
- Registration of Names
- Reservation of a Name under rule
- Authority to Act
and many other registration charges.
To qualify, an Owner must be a member of the ROA (in the same name as their Registered Owner name) at the time the registration fees apply discounts cannot be applied retrospectively.
For horses in Joint-Ownership, the discounts will be applied to the joint-owners who are members of the ROA, pro-rata to their share in the horse.
Racing Partnerships receive the full discounts provided that 51 per cent or more of the nominated partners are members of the ROA. More information about BHA fees and discounts
Racehorse Owners Compensation Scheme (ROCS)
A partnership between the Racehorse Owners Association and the renowned bloodstock insurance broker, Lycetts, enables ROA members to take advantage of the cover provided by ROCS. This new insurance policy is designed specifically for horses in training and is ground-breaking in the cover that it gives.
The Racehorse Owners Compensation Scheme provides:
- Financial compensation for the owner of a racehorse that is injured, either temporarily or permanently.
- The costs of treating the horse at a top veterinary clinic.
- The value of the horse if it dies.
For further information and a full description of the insurance cover, please contact Lycetts offices in Newmarket or Marlborough.
Lycetts
The Coach House,
168 High Street, Newmarket,
Suffolk CB8 9AQ
Tel: 01638 676700
Fax: 01638 664700
charles.hamilton@lycetts.co.uk
Lycetts
1 Stables Court,
The Parade, Marlborough,
Wiltshire SN8 1NP
Tel: 01672 512512
Fax: 01672 516660
richard.chugg@lycetts.co.uk
Totesport Owner-Sponsorship
Totesport are sponsoring 2,000 horses owned by ROA members in 2004-2009. Having your racing silks sponsored in this way enables owners to register for, and reclaim, VAT on their costs of racehorse ownership including purchase and training expenses.
Owners can reclaim VAT on training expenses backdated up to six months from the start of joining a sponsorship scheme, while VAT can also be reclaimed on the purchase price of a horse and this can be backdated up to three years.
Totesport Owner-Sponsorship schemes run for 12 months. To join a totesport Owner-Sponsorship scheme, please contact the ROA office in the first instance for an application form. More information about the Totesport Owner-Sponsorship
Thoroughbred Owner & Breeder
Members of the ROA receive a copy of the most exciting and informative monthly magazine for the racing and breeding industry. Regular features include incisive interviews with racing industry leaders, reports and analysis of the sales, big-race results with pedigree analysis, appearance and prize-money tables and much more. Thoroughbred Owner and Breeder web site
Horseracing Privilege Card
Members receive a personalised membership card which allows complimentary access to the racecourse for owners with runners on the day as well as access for qualifying members at Racecourse Badge Scheme for Owners fixtures, provided that the card has a photograph of the member included as this is a condition of RBSO.
Free owners' car park label
The ROA/RCA car park label allows access to Owners' Car Parks for almost every racing fixture. This often provides parking on a firm surface rather than on grass and usually gets you closer to the main entrance, as well as saving money! Please apply to the ROA direct if you would like a car park label. These are valid from January to December and you should reapply each year for a valid car park label.
Download the car park label application form
Private Hospitality Marquees
Members can purchase tickets for marquees at the Paddy Power Gold Cup Day and the Cheltenham festival.
Special member events including:
- Visits to trainers yards.
- Annual Awards Dinner and Dance.
- AGM, with Owners Forum, Lunch and guest speaker.
Special service to enable members to obtain Richmond Enclosure badges at 'Glorious' Goodwood.
Advice on all aspects of racehorse ownership and veterinary care from our London office.
Additional concessions for Scottish members who have at least a 5% registered interest in a horse trained in Scotland.
