News

Bob Peters has bred and raced champion after champion over the past 30 years, but a substantial yearling investment spearheaded by his grandson Liam looks set to shape the next generation of stars in the cerise and white.

In a couple of years in Hong Kong, Brenton Avdulla’s fortune and fame have exploded. But while he is enjoying the rock star profile, he tells Matt Stewart that there are other charms of working in one of world racing’s most competitive jurisdictions.

The headlines surrounding the Melbourne Cup’s elevation to an eight-figure race are somewhat different to when it reached the seven-figure milestone in 1985, writes Bren O’Brien.

The tide of gambling taxes is rising globally, with British racing facing an existential triple threat while bettors in the United States are being targeted. Australia knows the script well, but what does it mean for the future of racing? Bren O’Brien investigates.

Australia’s two biggest turnover races, the Melbourne Cup and Cox Plate, have had their purses boosted to record levels, while Racing Victoria has also heavily invested in maidens as it realigns its prize money priorities.

Australian Turf Club chairman Peter McGauran has resigned his position with the board following the fallout from the failed proposal to sell Rosehill racecourse.

Darley’s Too Darn Hot continues to close in on becoming just the second second-season sire in Australia history to bank over $10 million in progeny earnings, with an 82nd racetrack success of the Australian season.