Hong Kong Jockey Club launches syndicate move

The Hong Kong Jockey Club is venturing into the syndication business as an extension of its wholly owned subsidiary, The Racing Club.

The Racing Club will participate in each syndicate as co-owner and act as syndicate manager and treasurer, leveraging its expertise in horse management to ensure a smooth experience for members.

Members will purchase shares for an initial fee covering horse acquisition and importation, along with monthly contributions for stabling and livery, in return for owner privileges and a proportion of prize money.

Executive director of racing Andrew Harding said, “The program opens the door for our members to step into the exhilarating world of racehorse ownership, while enjoying the prestige and experiences that come with being part of The Racing Club.”

The initial syndicate will consist of 35 shares, with members able to purchase one share per account, starting with one horse in the 2025/26 season and potential additional syndicates as demand grows.

Mr Jackson Woo Ka Biu, steward of the Hong Kong Jockey Club and chairman of The Racing Club’s board, confirmed the launch of the syndicate initiative at Sha Tin on Sunday.

The day also marked by the announcement of a new partnership with the Royal Ascot Racing Club, granting reciprocal members access to exclusive clubrooms at agreed race meetings at both racecourses, along with tours for major racing events such as HKIR and Royal Ascot and joint initiatives throughout the year.

Since its introduction in 2007 as a special membership category of the Hong Kong Jockey Club, The Racing Club has positioned horse racing as a premier lifestyle offering for passionate younger fans.