Registered shares for owners is the sensible way forward
Peter Scargill’s entertaining column from the virtual Racing Post Arms (November 17) suggested a tiered system of ownership for segmenting sole owners from syndicate members on the racetrack.
This is a sensible suggestion, but it needs to be underpinned by data, otherwise it could have a negative impact on ownership overall.
I don’t think you can argue that a syndicate member with five per cent of one horse should enjoy the same on-course privileges as a sole owner. But what about the syndicate member who owns ten per cent of ten horses or an individual who owns a leg in four?
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