The Australian Turf Club has been given an extra three weeks to prepare its defence of a Racing NSW show-cause notice that threatens to send the organisation into administration.
In a move that the club says will allow management and staff to concentrate their resources towards its primetime spring carnival meetings, Racing NSW’s deadline has been extended to October 24.
The regulator had initially given the ATC until October 3 to respond to a governance notice that laid bare the fractured nature of Sydney racing.
Chairman Tim Hale said the ATC welcomed the Racing NSW decision, which comes a week after Racing NSW chair Saranne Cooke issued an industry bulletin expressing the regulator’s grave concerns about the club’s financial viability.
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