Racing NSW insists its acquisition of racecourses around the state is a strategy aimed at securing the long-term future and viability of the racing industry.

Racing NSW CEO Peter V'landys
Racing NSW CEO Peter V'landys says purchasing racecourses future proofs the thoroughbred industry. (Photo by Mark Kolbe/Getty Images)

Amid a growing conjecture over a proposed transfer of the Goulburn racecourse, chief executive Peter V’landys revealed Racing NSW had previously struck similar deals with three other race clubs.

Goulburn and District Racing Club members will vote on April 2 on a board proposal to hand over its 40-hectare freehold racecourse to Racing NSW.

In return, the Goulburn club will receive $9.5 million in funding to build new stables and upgrades to its existing training facilities.

“Racing NSW has a policy to future-proof the NSW thoroughbred racing industry by ensuring that racecourses are not sold for the wrong reasons in the future,” V’landys said in a statement provided to The Straight.

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