Always back the horse named self-interest, son. It'll be the only one trying
Waikato Thoroughbred Racing (WTR) has today revealed the greenfield site of its proposed new super center for thoroughbred training and racing. The plan, first mooted in the 2020 Messara Report, involves selling the Te Rapa, Cambridge and Waipa racecourses and surrounding land, and pouring the proceeds into constructing am ultra modern racing and training facilities […]
If there is a lesson to be learned from Club Menangle’s annual financial records, it is the power of money and the comfort and security that having it brings. Menangle lost $2.14 million last year. It would have lost more than $9 million if not for $7 million in investment income (interest) that it drew […]
Mr Profit Peter Bain has more integrity in the tip of his little finger than 98% of the harness racing fraternity in South Australia, to ascertain otherwise is farcical. Your suggestions to state otherwise are what is wrong with journalism in the present time, it is peak laziness! Please sir, I applaud you to do […]
To the best of our knowledge the author Nick Butterworth is no relation to Copy That’s owner Merv Hi mate Can’t agree re Grant Dixon drive He didn’t go inside a marker He touched it no more than you would the old style wooden hub rail I haven’t looked but I would be fairly sure […]
We have been writing a lot lately about the massive improvements in times being run by pacers around Australia in recent months, and yesterday at Globe Derby we saw yet another in the shape of Mikis Beauty, a winner of just 2 races from 39 starts in New Zealand before coming over the ditch to […]
The fundamental problem with the Australian Turf Club’s (ATC) finances is easy to see, even to a layperson. It doesn’t have enough revenue streams outside of wagering to remain sustainable. The chart at the top tells the story. ATC gets 62.8% of its income from wagering distributions, either directly from the TAB or via Racing […]
REVENUE: 2016: $246.3m 2025: $373.4m The ATC share of wagering revenue rose by $127 million in the past 10 years. EXPENSES: 2016: $216.5m 2025: $374.2m PRIZEMONEY: 2016: $96.2m 2025: $210.9m NON-PRIZEMONEY EXPENSES: 2016: $120.3m 2025: $163.3m Commercial Expenses: 2016: $58.9m 2025: $67.2m Racing Costs: 2016: $17.3m 2025: $25.2m Administrative Expenses: 2016: $11.0m 2025: $18.8m Track […]
ATC chairman Tim Hale told the club’s 11,000 members in a note in October that it was “solvent, operating normally, with strong cash reserves and is asset-rich”, backed by property “potentially worth billions”. “The club’s financial stability and operational capability are not in question,” he said at the time. https://www.smh.com.au/sport/racing/racing-nsw-sacks-board-of-australian-turf-club-appoints-administrator-20251215-p5nnqn.html ATC Chairman Tim Hale says […]
Watch the horse behind the leader go straight over a marker peg and flatten it as it goes to the inside early when the runners turn for home. That is an offence against the rules, and the horse got the run up (and over) the rail well before it should have as a result. The […]
Appointment Of An Administrator To The Australian Turf Club Racing NSW today announced the appointment of an Administrator to conduct the affairs of the Australian Turf Club (ATC). This decision follows an extensive and exhaustive Show Cause process, together with multiple formal joint meetings between the Boards of Racing NSW and the ATC. These steps […]
