Sydney, Australia – The proposed $5 billion sale of the iconic Rosehill racecourse has sparked significant debate within the Australian racing community, with members of the Australian Turf Club (ATC) set to vote on the deal this Tuesday.
Among those publicly opposing the sale is a prominent member of the Victorian Racing Club (VRC) Board. The VRC member has denied any conflict of interest in taking a stance against the transaction, emphasizing that their position is motivated purely by concerns for the future of Australian horse racing.
The proposed deal, which would see Rosehill sold to a major development consortium, has divided opinion. Supporters argue that the sale will unlock vital capital for reinvestment in racing infrastructure and ensure long-term sustainability. Opponents, however, warn that selling such a historic venue risks undermining the heritage and community value of the sport.
In a statement released ahead of the vote, the Victorian Racing Club Board member said, “My opposition is grounded in a commitment to preserving the integrity and tradition of Australian racing. There is no personal or professional conflict influencing my views.”
The Australian Turf Club’s membership is expected to engage in a heated discussion before casting their vote, which will determine the future of one of Sydney’s premier racing venues.
The outcome of the vote could have far-reaching implications, not only for the ATC and its members but also for the broader Australian horse racing industry.
