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UK – SIS extends support of Racehorse Owners’ Sponsorship Scheme

By - 1 July 2015

SIS is to continue its support of the Racehorse Owner’s Sponsorship Scheme until August 2018, it has announced.

The scheme allows the ROA’s 7,000 members to save an estimated £8m each year by claiming VAT back on their racing activities.

Since it began in 2012, over 5,000 horses have now carried the company’s distinctive red and white logo thanks to the annual sponsorship.

Gary Smith, Chief Executive of SIS, said: “As a business with a long-term involvement in British horseracing, we are delighted to have the opportunity to continue our work with the ROA to provide support to owners. It is essential to our customers that racing continues to offer a competitive betting product and we are pleased to be able to contribute to that, by supporting the sport through this agreement for a further three years until August 2018.We are particularly pleased to renew this scheme because it is also aligned with the BHA’s recently announced target of getting 1,000 more horses in training by 2020.”

Richard Wayman, Chief Executive of the ROA, added: “The extension of this agreement is fantastic news for racehorse owners and we extend our gratitude to SIS, who are wonderful sponsors to work with. With the number of horses in training remaining under pressure, this is a very important agreement and the fact that SIS has committed to support the scheme for a further three years secures its future for a significant period of time.”

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