ROA / ToteSPORT Owner-Sponsorship Scheme for ROA members

Totesport have agreed to extend their deal with the ROA to sponsor Owners' silks. The deal, now worth £200,000 to our members, is broken down into four separate schemes, each of which runs for 12 months.

The benefits to ROA members who join the Totesport Owner-sponsorship scheme are:

• Owners who secure sponsorship for their racing activities can register for VAT
• Owners can reclaim VAT on the purchase price of their horse (if applicable) and this can be claimed up to three years after the purchase of the horse
• Owners can also reclaim VAT on their racing expenses – including training fees, transport costs, veterinary fees and jockeys fees – backdated up to six months
• A sponsorship payment of £25 per horse is made to the Owner upon joining
• An additional £75 is paid to the Owner at the end of the scheme provided the horse has run in Britain
• If the horse runs in a Class 1 race in Britain during the period a one-off payment of £300 is made
• Totesport will cover the cost of producing their logo patches and fixing them to your silks

If you are not already registered for VAT, just think of the savings that could be made.

Owners with an interest of at least 50% of a horse can register for VAT. In the case of a partnership horse, where an owner has less than a 50% share, the racing partnership may register as a VAT partnership.

If you would like to participate in the next scheme, please complete the downloadable Sponsorship Agreement form and return it to the ROA office.

Sole Owners of participating horses must be members of the ROA. In the case of partnership horses, ROA members must own at least 50% of the horse. It is only necessary for one Partner in the horse to sign the agreement.

Sponsored horses will need to carry the totesport logos on the chest and collar of the jockey colours.

Upon receipt of a signed agreement form we will confirm your acceptance onto the scheme and ask you to arrange for the colours to be carried on the sponsored horse to be sent to Horseracing Enterprises for the logos to be attached free of charge. The turnaround time from receipt of colours to despatch by Horse Racing Enterprises is usually 48 hours.

Download the agreement form

PLEASE ONLY SEND YOUR COLOURS TO HORSE RACING ENTERPRISES IF YOU HAVE BEEN ACCEPTED ONTO THE ROA / TOTESPORT SPONSORSHIP SCHEME

Horse Racing Enterprises,
1 Haslemere Road,
Emsworth,
Hampshire
PO10 8PL.

Contact: Lesley Welcome.

Telephone 01243 372949 or 07836 217952.

If you have any questions on this totesport Owner-Sponsorship scheme please contact Keely Brewer on 020 7152 0200, or by e-mail to kbrewer@roa.co.uk

TERMS AND CONDITIONS

1. The agreement will run from for a full year from the beginning of the scheme you have been included on. There are four schemes a year – January, March, July and September.
2. Horses must be registered in the Owners name and listed as in training with Weatherbys to qualify.
3. Qualifying horses must carry the totesport logo on patches fixed to the chest and collar of the Owners’ silks each time they run in Britain during the Sponsorship Period with the exception of any historic races excluded as detailed in the Racing Calendar. The logos conform to the size as detailed in the BHA Code of Conduct.
4. Upon being accepted onto the scheme for the Sponsorship Period, the Owner will receive £25 per horse (plus VAT if applicable) as the initial Sponsorship Fee payment.
5. A further £75 per horse (plus VAT if applicable) will be paid at the end of the scheme as the second Sponsorship Fee payment, provided that the horse has raced at least once under rules in Britain during the Sponsorship Period.
6. In the event of a participating horse being unable to race during any part of the period by reason of sale, injury or death, the Owner agrees to repay a part of the Sponsorship Fee (plus VAT if applicable) to be calculated on a pro-rata basis based on the remainder of the Period.
7. Any horse which runs in a Class 1 (or equivalent) race in Britain during the Period qualifies for a one-off payment of £300 (plus VAT). No payment will be made for further runs in Class A/Category A races during the Period.
8. The Sponsor will pay for the production and fixing of the totesport logos to the silks by Horse Racing Enterprises.
9. The Owner agrees to forward their silks to Horse Racing Enterprises at the Owners’ expense (48-hr turnaround).
10. The ROA/totesport will register the Sponsorship Contract with the BHA/Weatherbys at no cost to the Owner.
11. The owner confirms that it has full title and authority to enter into this Agreement and is not bound by any previous agreement which adversely affects this Agreement.
12. The sponsorship agreement must be signed by the owner or one of their representatives.
13. Sole Owners of participating horses must be members of the ROA. In the case of partnership horses, ROA members must own at least 50% of the horse.
14. For partnership and joint-ownership horses, Sponsorship payments are made on the basis that the partners share the payment as per their share in the horse.
15. Any change of ownership during the Sponsorship Period must be notified immediately to the ROA.