The merger between the Sydney Turf Club and the Australian Jockey Club has now been finalised, with the NSW Government today announcing the Australian Turf Club will officially start operating on Monday.
Gaming and Racing Minister Kevin Greene announced this morning that the merger process between the Sydney Turf Club and the Australian Jockey Club had now been finalised.
ââŹĹThe creation of the Australian Turf Club Limited, NSWâs new major racing club, is one of the most significant developments in the history of NSW racingââŹÂ, Mr Greene said.
ââŹĹWe have completed an essential step to secure the ongoing viability of NSW racingââŹÂ.
Mr Greene joined Chairman Elect John Cornish, CEO Elect Darren Pearce, Racing NSW Chief Executive Peter Vâlandys and Racing NSW Chairman Alan Brown at the announcement.
ââŹĹToday is a day of celebration for our world-class racing industry and its 50,000 participantsââŹÂ, Mr Greene said.
ââŹĹThe NSW Government has secured a $174million funding package to renovate and revitalise Sydneyâs most iconic tracks, Rosehill Gardens and Royal Randwick, as part of this major racing reformâ,
ââŹĹThis is an important opportunity for the industry and NSW economy, which benefits from the $1billion racing brings to the State each yearââŹÂ.
Australian Turf Club chairperson John Cornish said the day celebrated a bringing together of a shared history of Sydney racing going back more than 200 years.
ââŹĹI look forward to watching the continued rise of NSW racing and the Australian Turf Club for years to comeââŹÂ.
Written by Isaac Chaplin
