Annual General Meetings held by the Cranbourne Turf Club and the Pakenham Racing Club has resulted in resolutions to merge the two clubs into one Super Club.
Resounding support from the members of the two Clubs will result in the committees of both entities working towards the required regulatory approvals and commence the transitional process.
Working with Racing Victoria, the Clubs anticipate the process to be complete by early 2024.
The new Club will seek to be registered as the Cranbourne Pakenham Racing Club Inc, however, will trade under a more marketable brand to be announced soon while the inaugural Chief Executive Officer will be Neil Bainbridge, currently in charge at Cranbourne.
RV Chief Executive Officer Andrew Jones said the members of both the Cranbourne Turf Club and the Pakenham Racing Club should be commended on approving the merger of the two Clubs.
“The combined Club offers members two tracks for the price of one,” Jones said in a statement.
“Trainers can realise a future where more facilities and options are available to them.
“And club leaders can drive economies of scale across racing, training, customer services, commercial operations, finance, administration, gaming and property.
“Everyone is a winner today.
“This is an historic moment for Victorian racing and one that solidifies Melbourne’s south-east Super Club as a racing and training powerhouse.
“On behalf of Racing Victoria, I want to thank the Committees, managers and members of both clubs for embracing the future.
“It will be bright in Melbourne’s south-east.”
