What is the difference between a partnership and a syndicate ?
A partnership consists of two to ten people who register a share in a horse in their own name. Their name will appear in the race book, i.e. Mr J Blow, Mr H. Finn etc. The first named person is the manager and responsible for the administration. In most cases, a registered owner will receive two tickets to the members section of the race track and two parade ring passes. A syndicate is a group of people registered with the authorities under a syndicate name, i.e. “Inglis Thoroughbreds Syndicate” which can be one person up to a maximum of twenty. The syndicate manager is then responsible for all administration of the horse. In most cases a limit of twenty member’s tickets applies to the horse and guest passes are not available.
