The Racehorse Owners Association, also known as the ROA, is a British horse racing organisation that promotes and protects the interests of racehorse owners in Great Britain. As one of the British Horseracing Authority's (BHA) shareholders, the ROA play a central role in British racing politics and finance.
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History
Founded in 1945 by Sir Malcolm McAlpine, the ROA is run by a team of six, headed up by the Chief Executive, Charlie Liverton.
The ROA has a Board of 14 members, with elected Board members required to stand for re-election every four years. The current President of the ROA is Nicholas Cooper.
The organisation is based in High Holborn, sharing offices with the BHA.
The ROA is a founder member of the Horsemen's Group, which represents owners, trainers, jockeys, breeders and stable staff.[2] The ROA was pivotal in launching the Horsemen's Tariff Scheme to recommend minimum prize-money levels and prize-money agreements.
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Aims of the ROA
Strategic objectives of the ROA are aimed at improving owners experiences and financial return. Achieving the best possible value for its members is central to the ROA strategy.
Aims of the ROA also include; working with other members of the Horsemen's Group to bring about a dramatic improvement to the financial state of British racing, reducing the percentage of prize-money that originates from entry fees and ensuring that the views of owners are represented within the various bodies involved in the running and funding of the British racing industry.
Benefits of the ROA
Currently, the ROA has over 8,000 members and is funded almost entirely from membership income.
Members pay £242 annually and for this they receive a host of wide-ranging and valuable membership benefits. Benefits include; free racecourse admission, international hospitality at events such as the Prix du Jockey Club day at Chantilly, third-party liability insurance and the Owners Jackpot Scheme.
Throughout 2018, the ROA Owners Jackpot, will give members the opportunity to share in bonuses of over £100,000. Every week one horse race in Britain will be chosen for a £2,000 bonus. If the horse belongs to an ROA member, the extra payment is made on top of the prize-money on offer from the racecourse.
Source of the article : Wikipedia
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