Every horse claimed shall race in all heats or dashes of the event in the interest and for the account of the owner who declared it in the event, but title to the claimed horse shall be vested in the successful claimant from the word "go" and said successful claimant shall become the owner of the horse unless title in the claimed horse is void pursuant to this subchapter.
N.J. Admin. Code § 13:71-14.17