Always back the horse named self-interest, son. It'll be the only one trying
Slides shown by Brooks (pictured above) detailed how the club could “extinguish all debt” after the Pukekohe land sells. He revealed the club, whose loans peaked at $370 million during the project, lost $75 million building apartment block A and $33 million on apartment block B, for a total loss of $108 million. Along with […]
The Directors of the Auckland Trotting Club don’t own it’s land, the members of the club do. It is there for the club, and for the club only. This is not a business, it is a 132 year-old not for profit association formed and operated for the purpose of promoting harness racing by conducting races […]
The word around the traps is that of 12.01am Saturday morning, the great, grand folly better known as the Auckland Trots Night TV experiment is – in a word – cactus. Dead, buried, cremated. Gone, gonzo, gone burger. Only a few short weeks ago a club (Auckland) teetering on the verge of bankruptcy paying for […]
Someone told me the other day that I knew shit from clay, and was making up any involvement in NZ Harness Racing. The same bastards said I didn’t know Julia Gillard either. Or Aunty Helen. When’s the last time they ever high-fived a Prime Minister hey? Or gave the Chairman of the Auckland Trotting Club […]
There were ten races at Alexandra Park last night. Four of them were trots. Two were maidens. One was for 2YO’s that hadn’t won more than a single race. Three were started from the strands. Five were for horses rated no higher than 55, on a scale of 30-120. The highest class pace of the […]
Our biggest achievement of the past 12 months has undoubtedly been the completion and settlement of the two apartment projects, a development that all members should be proud of, and this now gives us the opportunity to consider new investments and new decisions. Our bank debt has been discussed in detail at previous AGMs, but […]
The Auckland Trotting Club (ATC) has sold the farm to fund its failed dreams of transforming itself from a racing association into a property developer. Every single blade of Alexandra Park, including the track, has been mortgaged. There are two mortgages held over AP. The ANZ bank holds one for $500 million. Westpac hold the […]
