Racing NSW

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Racing New South Wales, or Racing NSW, is a body corporate established under section 4 of the Thoroughbred Racing Act 1996 (NSW) [1] to control, supervise and regulate thoroughbred horse racing in the State of New South Wales.

Contents

Racing NSW provides funding derived from wagering revenue. Racing NSW's initiatives have reported more than $3 billion of additional funding for the NSW Thoroughbred Racing Industry, with these initiatives now generating recurring income of over $300 million annually. [2]

Role and functions

Racing NSW regulates thoroughbred racing throughout New South Wales. Its functions include licensing participants, enforcing racing rules and integrity standards, allocating industry funding, and administering race programming and prize money. [3] The organisation’s responsibilities extend to metropolitan, provincial and country sectors of the state’s racing industry. [4]

Governance

Board

The Chairperson of Racing NSW is Saranne Cooke, who was appointed in 2024 [5] , becoming the first woman in the role. She had previously served on the board from 2015 and previously in the role as Deputy Chair. The Racing NSW Board consists of the following members: [6]

The Chief Executive Officer (CEO) of Racing NSW is Peter V’landys. [6] V’landys has held the CEO position since 2004.

Major races

The Everest

The Everest is a Group 1 Weight for Age Thoroughbred horse race run over 1,200 metres on turf at Royal Randwick Racecourse in Sydney, Australia. It was elevated to Group 1 status in 2024. [7]

The race’s total prizemoney rose from A$10 million at its inauguration in 2017 to A$15 million in 2018 and A$20 million in 2023. [8] [9] The Everest is staged annually in October and is the feature event of the Sydney spring racing carnival.

The Golden Eagle

The Golden Eagle is a thoroughbred horse race run over 1,500 metres on turf at Royal Randwick Racecourse in Sydney, Australia on the last Saturday in October. The race is restricted to four-year-old horses and is run under set-weight conditions.

The inaugural running took place at Rosehill Racecourse in 2019 [10] , with prizemoney of $10 million. [11] Ten per cent of prizemoney from each starter’s share is allocated to a charity nominated by the horse’s connections. [12]

Other notable races

The Everest and The Golden Eagle were the two most wagered-upon thoroughbred races in New South Wales during the 2023–24 season. Other recently introduced races such as the Five Diamonds, King Charles III Stakes , Silver Eagle and Kosciuszko also ranked among the most bet-on events.

See also

References

  1. "Thoroughbred Racing Act 1996 No 37". NSW Government. Retrieved 26 September 2025.
  2. "Racing NSW Chairman's Report to NSW Racing Industry Participants on the 2025 RNSW Annual Report:". ThoroughbredNEWS. 6 November 2025. Retrieved 20 January 2026.
  3. "Thoroughbred Racing". Office of Racing. Retrieved 20 January 2026.
  4. "NSW Race Clubs". Racing NSW. Retrieved 14 October 2025.
  5. "New Racing NSW Board Appointments Confirmed". NSW Liquor & Gaming. 12 February 2024. Retrieved 26 September 2025.
  6. 1 2 "Racing NSW Board Members". Racing NSW. Retrieved 26 September 2025.
  7. Roots, Chris (9 October 2024). "The Everest gets the group 1 status to match its $20 million status". Sydney Morning Herald. Retrieved 26 September 2025.
  8. Tabakoff, Nick (7 November 2017). "Everest's prizemoney scales new heights to leave Cup in shade". The Australian. Retrieved 26 September 2025.
  9. Roots, Chris (29 May 2023). "The Everest prizemoney purse set to increase to $20 million". Sydney Morning Herald. Retrieved 26 September 2025.
  10. Thomas, Ray (5 December 2018). "The Golden Eagle: Rosehill to host Australia's second richest race". Fox Sports Australia. Retrieved 26 September 2025.
  11. "The Golden Eagle Prizemoney To Increase To $10 Million". Racing NSW. Retrieved 26 September 2025.
  12. "$10 Million James Squire Golden Eagle Flies High for Charities". Australian Turf Club. 30 October 2024. Retrieved 26 September 2025.