Racing NSW has thrown its support behind the Australian Turf Club’s $802 million renovation of Warwick Farm and indicated it won’t seek any part of the $5 billion windfall the ATC would receive from the sale of Rosehill.
In two letters sent to ATC chairman Peter McGauran last week, Racing NSW chief executive Peter V’landys outlined the regulator’s position on two key issues that ATC members are closely considering ahead of the vote on the $5 billion Rosehill proposal on May 27.
It is the first official statement on the Rosehill issue from Racing NSW since it used its power to abandon the initial member vote, scheduled for April.
The ATC last week released the full details of the $802 million plans to renovate Warwick Farm, making it a Group 1 centrepiece of Sydney racing.
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