Seven race tracks face closure in horse racing industry proposal

Seven race tracks face closure in horse racing industry proposal

Listen to NZ Thoroughbred Racing CEO Matt Ballesty just after 5pmThe horse racing industry has proposed shutting down seven race tracks and 12 other venues to keep the sport alive.The independent Project Stamina report - commissioned by the TAB - found the horse industry's spending was spread too thin across 63 venues.The governing bodies for thoroughbred and harness racing have now joined forces to implement many the recommendations as a 'One Equine View'.That includes shutting down 19 venues, including seven race courses such as Wellington's Trentham.Other courses that would stop holding race meetings were Rotorua, Manawatū, Wyndham, Gore, Hāwera and Ōamaru.Business cases would be made for five other venues, with the remaining 39 venues kept running.But the industry bodies said the One Equine View was only a proposal and marked the beginning of the next phase of engagement "rather than the end of the conversation", it said in a statement."Doing nothing is not an option," NZ Thoroughbred Racing chair Russell Warwick said."Our infrastructure must reflect today's racing landscape and be capable of supporting future growth. This plan gives us the opportunity to invest where it will deliver the greatest long-term benefit for participants, horses and the wider industry."Harness Racing NZ chair Grant Jarrold said it was "not simply another review"."It provides a unified direction that links strategy, investment and implementation, giving the industry greater certainty about the future," he said.NZ Thoroughbred Racing and Harness Racing NZ said meetings would be held with the affected clubs.

Original Source

Read the full article at Rnz →

KhanList aggregates and links to publicly available news content. We do not host full articles from third-party sources. Always verify important information with original sources.