The British Horseracing Authority Sale of Racing Colours: RED, GOLD fringed hoop and armlets, RED cap The British Horseracing Authority Sale of Rac

The British Horseracing Authority Sale of Racing Colours: RED, GOLD fringed hoop and armlets, RED cap The British Horseracing Authority Sale of Racing Colours Lots 70 to 75 What is being sold is a right: the right to register the colours in Britain for use on the racecourse, such that, should the registrant own a runner in a horse race, the rider whom he/she engages to ride the horse may don the registered colours. (In the very unlikely event that two registrants with similar colours each have a horse running in the same race, one rider may be asked to wear a distinguishing cap). One need not be a racehorse owner to register colours. Indeed many colours are registered to non-owners, who perhaps intend to own a horse at a later date or pass the right to register the colours to their children. All colours are sold as described and the buyer is purchasing the right to register these colours in accordance with the Rules of Racing. The successful bid price will include a registration period according to the price sold (see below). Less than £10,000 :1 year £10,000 - £20,000 :5 years More than £20,000 :10 years Please note that if the purchaser fails to formally register the colours with the British Horseracing Authority, via Weatherbys within one year of the auction date the purchaser runs the risk of losing the right to register them. The name of the registrant will be published on the Racing Administration website upon registration. Please note that the hammer price for all lots is subject to the auctioneer’s buyer’s premium of 20.5%. For lots 70-75 VAT is only payable on the auctioneer’s buyer’s premium. If you have any queries regarding the registration of Racing Colours please contact Registrations at Weatherbys on 01933 440077 or Registrations@weatherbys.co.uk who will be happy to assist. Please note the SPECIAL CONDITIONS OF BUSINESS Terms.