Always back the horse named self-interest, son. It'll be the only one trying
Racing NSW’s Integrity Department is urging all industry participants to exercise caution if approached by an individual seeking retired racehorses who is identified as: Name: Katherine Brown Status: Listed on the Racing NSW Excluded List Racing NSW has been made aware that Katherine Brown is known to use the following aliases: • Kat Bromac • Katie McKenzie […]
The case of NSW harness racing trainer Michael Osborn is an unusual one. Osborn’s horse Reasonably Sweet threw a positive swab after win at Tamworth to, of all things, nicotine. Now I have never heard of a horse being doped with nicotine before, and to give one it in the volume required to improve performance […]
There have been some great two horse wars in Australian racing history. Bonecrusher v Our Waverley Star in the 1986 Cox Plate is the most famous. It was a brilliant race, one of the greatest any of us have ever seen. Gay Adam v Rufus Youngblood in the 1987 QLD Pacers Derby was another. I […]
Prior to last night Cool Night had won three races over 2030m at Newcastle in the past 14 months. On each occasion it ran very similar time – 1.55.3, 1.55.3 and 1.53.7 – suggesting that around 1.55.2 and a bit was its mark at the track. That was before Clayton Harmey came back from yet […]
The Australian Turf Club won the first battle by securing a temporary injunction preventing Racing NSW from moving forward with its plan to install an administrator to manage the club’s affairs, but they are far from winning the war. The next battle takes place on Friday morning. It will be interesting to see what the […]
There is a lot of confusion and spin about the true state of the Australian Turf Club (ATC) finances, so we thought it would be useful to refer back to the club’s latest annual report to find out exactly what the situation is. As you will see the ATC’s auditor KPMG believes that a material […]
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 […]
