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— Media Guide 2018 — — MEDIA GUIDE 2018 — WWW.FRANCE-GALOP.COM 4 EDITORIAL — 6-29 SUMMARY 1. KEY PLAYERS IN — THE RACING INDUSTRY 30-65 2. AN INTENSE SPORTING COMPETITION 66-87 3. FRANCE GALOP RACECOURSES AND TRAINING — CENTRES WWW.FRANCE-GALOP.COM MEDIA GUIDE 90-105 — 4. INTRODUCING 2018 FRANCE GALOP — 106 CONTACTS WWW.FRANCE-GALOP.COM — French racing ushers in a new era in 2018: it is the year our flagship Horse racing also espouses values that are ÉDITO racecourse ParisLongchamp, the most modern racecourse in more than precious in the contemporary world. 2018 THE EVENT Europe, will reopen. Following two years of major refurbishment, Horse racing takes place on every continent. PARISLONGCHAMP RACECOURSE REOPENS — this project has now come to fruition. The opening of this new Throughout the world our sport brings AFTER TWO YEARS OF WORK racecourse in the city of Paris is an event in itself, but beyond that populations together: men and women, old we are all going to capitalize on the renewed momentum it will and young, rich and less fortunate, to celebrate More informations pages 68 to 71 generate. a noble animal, a marvel in which each of us can share, for a moment, a common destiny. ParisLongchamp is not just a racecourse. It is a leisure facility, open ParisLongchamp and racing must propagate this for 365 days a year, that will attract new audiences. This provides mission. opportunities to promote our main activity, our culture and our core business: horse racing. The breeding industry, driven by France Galop, is also ingrained in our rural areas, in our I am convinced that our assets are not just plentiful, they are grasslands, studs and stables. It requires patience unique in their diversity. The combination of sport, betting and the and respect, both for nature to run its course spectacle itself is unparalleled. In an era when everything happens and for the animal during its growth, in its self- 4 in the blink of an eye, this is the time to bring racing into the new expression and its uniqueness. Thanks to all our 5 century. work, and to the resources racing distributes on a daily basis to all the players, France boasts a Deeply rooted in history and heritage, horse racing can adapt to solid, growing industry that generates nearly the digital world. The Epiq Tracking application opens up a wealth 180 000 jobs across the country. of opportunities in this field and ParisLongchamp provides the perfect platform for experimentation. Thanks to the combined efforts of the industry’s stakeholders, we approach this crucial year on a The expertise of our French racing professionals will also convey our sound financial footing, with the ParisLongchamp essence to the world’s greatest racecourses and ParisLongchamp, project highlighting the way forward. which is eagerly anticipated by all of our friends abroad, is a monument with a reputation the equal of our horses and our We are well prepared for our assignment with champions. The name of the project, ParisLongchamp, links the the future. City of Lights with our historic site so that they become one entity in the eyes of the world. And where does the world dream of going? Édouard de Rothschild To Paris. We therefore strive to couple Longchamp with this global Président de France Galop dream. WWW.FRANCEGALOP.COM WWW.FRANCE-GALOP.COM MEDIA GUIDE 2018 1. KEY PLAYERS 568 IN THE RACING JOCKEYS & 7108 INDUSTRY APPRENTICES RACES EACH YEAR — 4589 IN FRANCE KEY FIGURES ACTIVE 26 RACEHORSE 139 7 IN THE RACING OWNERS, RACECOURSES INDUSTRY IN FRANCE including 2988 — FRENCH RESIDENTS and 1601 3389 NON-RESIDENTS 392 THOROUGHBRED TRAINERS STUD FARMS IN FRANCE WWW.FRANCEGALOP.COM WWW.FRANCE-GALOP.COM 1. LES ACTEURS DES COURSES — OWNERSHIP, SHARING A PASSION HOW DO OWNERS ARE YOU BUY A Being a racehorse owner is no longer the preserve of THE CORNERSTONE the rich. Today it is accessible to everyone, thanks RACEHORSE? to the development of various shared-ownership OF RACING purchase options where the number of participants There are different ways of is nearly unlimited and thus reduces your financial becoming a racehorse owner: — commitment. These ownership options, known as “Racing Clubs”, are an ideal way to get involved in the • Horses can be bought at public racing world within a very friendly atmosphere. 8 Being an owner of a Flat or auction, if necessary through a 9 recognised agent or trainer Owners come from diverse backgrounds: they are Jump racehorse promotes intense and emotional sensations in the craftsmen, traders, industrialists, comedians, lawyers, doctors and young entrepreneurs, or even pensioners. • at the end of “claiming” or “selling” duration of a race. It also means All of them are sportsmen, rubbing shoulders at the races where all runners are for sale you will be swept away by track with the most prestigious silks, united by their passion for racing. cheering crowds, and seeing your • through private sales silks crossing the finishing line will Once the owner is approved, the owner will entrust the • some take it a step further by breeding trainer with his/her horse. bring huge joy to you and your their own horses. family. MEDIA GUIDE 2018 WWW.FRANCE-GALOP.COM 1. KEY PLAYERS IN THE RACING INDUSTRY Once the owner has received the authorisation by France Galop, he can run the horse in his colours, win prize- money and premiums. There are several types of racehorse ownership: • Sole ownership • Leasing a racehorse • Leasing a racehorse through partnership • Joint ownership SOLE OWNERSHIP THE SYNDICATE • Syndicates • Company ownership A horse or several horses owned by one person only. Exceptionally, a horse may be placed in temporary joint-ownership for In order to run horses, the future owner has to obtain the approval of the France a fixed term in the form of a syndicate comprising a number of equal Galop stewards. The application file can be obtained on request from the Licensing parts that may not exceed 40. — Department at France Galop, approved by France Galop. The department will quickly confirm receipt of your application and outline any further steps the future owner must Key observations undertake. THE DIFFERENT WAYS The shareholders must be individually approved by the France Galop stewards. It is necessary to designate an individual who will have the authority to race the horse OF OWNING A JOINT OWNERSHIP under his/her name, who can fulfil all obligations and who will receive all earnings. The ownership of a racehorse or its career can be shared by several This approval is published in the official Racing Bulletin. RACEHORSE people. For each horse, a joint ownership contract has to be approved by 10 the France Galop stewards. Conditions for changes to the group of shareholders: France Galop stewards must 11 — be informed about any changes. Any changes must be made no later than four days prior to the final declaration stage when a horse is entered for a race . Each owner has to be individually approved by the France Galop stewards. A racehorse can be owned The number of owners who share the ownership of a horse is limited to twenty. Important : A owners in a joint ownership can choose their own name and colours. LEASING A RACEHORSE by an individual, a company, A horse in training can be leased by: a partnership (partnership • one or more lessors agreement), or it can be leased. • one or more lessees Each lessor and each lessee must be individually approved by the France Galop Stewards. Find all the information you need on each type of ownership at WWW.LEGUIDEDESPROPRIETAIRES.COM The number of lessees cannot exceed 20. The lease agreement must be registered by the France Galop stewards. Until approval has been granted it is void and unenforceable. MEDIA GUIDE 2018 WWW.FRANCE-GALOP.COM 1. KEY PLAYERS IN THE RACING INDUSTRY RACING CLUB For those wanting to live the passion without obligation and risk by a controlled investment. How? Through a private or capital company. 1 - RACING CLUB AS A PRIVATE COMPANY 2 - RACING CLUB AS CAPITAL COMPANY OWNERSHIP A private company is a civil or commercial concern where the shareholders can The system of capital company ownership is not based on the personalities of the be identified. French or foreign, this company can own one or several horses. shareholders. French or foreign, this company can own one or several horses. Approval conditions Approval conditions The company must be approved and registered by the France Galop stewards. The company must be approved. The company must designate one or several corporate The company must designate an authorized representative who is not necessarily directors, including at least one, exclusively a physical person, who is mandated to be a major share owner but has to be himself approved by the France Galop stewards in charge of the company. He must have been approved in accordance with the same in accordance with the same procedure for an individual owner. procedure that is followed when becoming an individual owner. The three main shareholders or partners in capital also have to be approved as individual This representative may run the horse(s) in his name or in the name of the owners. 12 company. If a shareholder becomes the owner of at least 25% of the company’s capital, he must be 13 The three main share owners have to be individually approved by the France Galop approved in accordance with the same procedure. stewards. The unique revenue threshold for the approval of the part owners is set For capital companies whose main objective is to profit from their racehorses and maybe at 18 000 Euros.
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