Always back the horse named self-interest, son. It'll be the only one trying
An article about the parlous finances of the Auckland Trotting Club written by Michael Guerin and published on harnesslink yesterday may be more skilfully written than ours, but it merely reflects what we have been telling you and warning about in the articles below for the past three years. https://peterprofit.com/category/auckland-trotting-club/ The ATC Directors whose grandiose […]
The Club is exposed to interest rate risk on bank borrowings for the funding of developments in progress, all borrowings are held on floating rates of interest and will be reviewed regularly for options to fix interest rates to minimise exposure to market movements. Interest capitalised into inventory under construction is subject to a change […]
As reported by Michael Guerin for the NZ Herald, a crippling interest bill is threatening to cut into the future of northern harness racing as the code in the region undergoes a major rebuild both on and off the track. Harness racing in Auckland is set for a racing boost for the next few seasons […]
Auckland Trotting Club Member’s Newsletter April 2o24 The Auckland Trotting Club has sold its superb training facility at Pukekohe – its one and only, the place where all its trials are held – to a Chinese land developer for little more than the amount required to pay the ever rising but rarely talked about anymore […]
Australian developers have consent to build 193 new apartments at Auckland’s Alexandra Park, demolishing one of two grandstands to make way for the scheme to add even more units to the land off Greenlane West Rd. Lance Rosenberg, managing director of Sydney-headquartered financier Gleneagle Securities, said that the business had permission to develop Parkview on Cornwall […]
It’s Group 2 Ladyship Stakes night at Alexandra Park on Friday, and the 1st heat of the Group 1 Sires Stakes is also on the card. This should be a cracker of a night’s racing, and not that many years ago it would have been. But the Auckland Trotting Club has only managed to attract […]
Alexandra Park is putting on a seven race card on Friday night, but there are only 46 horses accepted to run at it. The field sizes are 7 – 7 – 6 – 6 – 9 – 5 – 6, meaning that only one race at the meeting pays dividends down to third place. Cambridge on […]
The Auckland Trotting Club was once a Premier Club. In 1990 the Kumeu area supplied a large portion of horses racing at Alexandra Park. There were a number of great horseman, trainers and drivers, based at the Kumeu track. Trials every Sunday would start early and finish late. The yearling parades in the new season […]
There is no better illustration of the parlous state of north island New Zealand harness racing than the fields for the Auckland Trotting club race meeting at Alexandra Park tonight. There are 10 races on the program but only 71 horses entered to run. Only 3 of the 10 races have enough horses in the […]
The Auckland Trotting Club are indeed buying a new property to build a replacement training centre for Franklin Park that it just sold off to pay its huge debts from the failed property development that was supposed to make the club rich into eternity from the sell off of surplus land at Alexandra Park (nobody […]
