Lowlands

What you get

On raceday

A badge with every share, every time the horse runs.

At the yard

Organised syndicate stable visits, and members may arrange other visits with prior notice.

Members sharing the lease

20From Nicky Richards Racing's website, read 14 September 2026

Horses covered

1

Keeping in touch

Updates are promised; no frequency is stated.

Prize money

Prize money is divided between syndicate members according to their shares.

What it costs

Year one, per share

£1,884Twelve monthly payments. The operator states “no capital outlay”. From Nicky Richards Racing's website, read 14 October 2026. Nothing is spread over later years, so this is also the figure used for comparison.

Per 1% of the lease

£377The figure that makes offers comparable. A £54 share and a £5,000 share are not alike until you divide by how much of the lease each one buys.

Share size

5% each, 1 of 20 shares

At the end

You pay to race the horse for a set period. You own no part of it and have no claim on any sale.

The horse

About Nicky Richards Racing

Winners to date

More than 800 winners.From Nicky Richards Racing's website, read 2 October 2026

What's published

The details we look for in every offer, each counting once. A tick means we've found it on the operator's website or in a document they give every member, or, for RSA membership, on the RSA's own register. "Not found yet" doesn't mean it isn't there.

• –Full written terms not found yet
• –What a further term costs not found yet
• –What happens when the term ends not found yet
• –Aftercare when racing ends not found yet
• ✓How prize money is shared
• ✓Whether you can sell your shareRead it on their website (read 2 October 2026)
• –Where the horse was bought (sale and lot) not found yet
• –What the horse cost not found yet
• –Complaints process not found yet
• ✓What happens if costs run overRead it on their website (read 2 October 2026)
• –Insurance not found yet
• –BHA registration: not found yet. The BHA doesn't publish a register, so ask to see it.
• –Racehorse Syndicates Association membership not found yet
• –Year the operator started not found yet
• –How many horses they run not found yet
• ✓Prices, without having to askYes, on their website (read 14 October 2026)
• ✓Winners to date
• ✓Owners' badges
• ✓Yard visits
• ✓How often members hear
• ✓The most members per horse
• –Hospitality for members not found yet

Questions to ask before you join

We haven't found these on Nicky Richards Racing's website yet. That doesn't mean they're missing, so ask when you get in touch.

• Can I read the full written terms before I join?
• What happens when the term ends: does it renew, and on what terms?
• What happens to the horse at the end of the term?
• What happens to the horse if it's injured or retires, and who pays?
• Where was the horse bought, so I can look it up in the sale results?
• What did the horse cost?
• Who do I go to if something goes wrong?
• Is the horse insured, and who pays for it?
• Can I see the lease's BHA registration?
• Are you a member of the Racehorse Syndicates Association?
• How long have you been running horses for owners?
• How many horses do you run?