Straight Up – Horses or business

When Mark Newnham upped sticks and packed up for Hong Kong last year, many would have assumed it was all about the money.
Hong Kong has long been known as a place where Australia’s best trainers can not only further their reputation but also bolster their superannuation given the rich prizemoney on offer in a jurisdiction that, at most, races twice a week.
Newnham has always been willing to be generous with his time, and that proved the case as he had an extended chat with The Straight’s Warwick Barr this week.
What emerged from it was a sense that while he is 7000km from his hometown of Sydney, he has never been closer in his training career to the horseman he wants to become.
So much of the day-to-day business of running a stable is taken care of by the Hong Kong Jockey Club and that has allowed Newnham to focus on what he feels he does best, working with his horses.
While Hong Kong is renowned as a competitive training landscape, he doesn’t miss his old life of having to compete with Australia’s mega-stables.

Our other feature interview this week is with Racing Victoria CEO Andrew Jones, who remains focussed on ‘dividing the pie’ when it comes to the industry’s spoils, but has also done his fair share of dividing opinion in his 18 months in charge.
A polar opposite to Newnham, Jones would admit he is anything but a horseman, but he certainly has the business skills to oversee a $1 billion industry in one of Australia’s biggest racing jurisdictions.
However, his relationship with key participants has been fractious and some key figures want him – and a few of his executives – out of the job ASAP and replaced by people with greater racing industry experience.
Racing politics can be brutal, but Jones does not seem bruised by the way he is perceived by his critics. For right or for wrong, he remains undeterred in his task of guiding Racing Victoria through a wagering and revenue downturn.

It has been less than two months since The Straight launched and we’ve already written multiple stories about the febrile political environment within the Victorian racing industry. While Jones remains ‘sanguine’ about his position, it would appear things might get worse before they get better.



Just a final note, over the next week, we will be re-introducing the need to sign in to access some of our articles. If you have received this email, then you should already be a member of The Straight, and not be required to log in, but if you have to, it is simply a process of getting the ‘magic link’ login email sent to you.
We also plan to introduce a single sign-on solution that will enable you to register and log on through your Facebook, Google or LinkedIn profile. Stay tuned for more information on that process.
Regards
Bren O’Brien, Managing Editor and Founder
The Straight

