Racing NSW has reportedly taken over responsibility for the project surrounding the $5 billion sale of Rosehill racecourse.

Rosehill racecourse.
Racing NSW has reportedly entered the picture over the possible sale of Rosehill racecourse. (Photo by Jeremy Ng/Getty Images)

Chief executive Peter V’landys says a deep dive into the financial aspects of a potential closure of Rosehill must be undertaken before a final decision is made on the racecourse’s future.

V’landys, in a rare public statement on Australian Turf Club (ATC) and NSW government plans for the western Sydney racetrack to be turned into a mini suburb, said any deal must provide significant economic benefits for racing.

“In order to make good decisions you need good information. If you don’t have good information, you make poor decisions,” V’landys told the Seven Network.

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