Racing Victoria has purchased a large parcel of land in Melbourne’s north-west, a property more than three times the size of Flemington racecourse.
Racing Victoria has purchased a large parcel of land in Melbourne’s north-west, a property more than three times the size of Flemington, for the potential development of a new racetrack and training centre.
Racing Victoria has purchased a large parcel of land near Tullamarine airport for a potential new racetrack.The property is within 10 minutes of Tullamarine, not far from the Living Legends property in Greenvale and the Inglis sales complex in Oaklands Junction.Racing Victoria had an $81.3 million “industry sustainability fund” set aside to invest in growth opportunities for the sport, more than enough to purchase the land.
“Let’s do it, let’s do it properly and let’s get it right, so we’ve got it there for the next 100 years.”Earlier this week, group 1-winning trainer Mick Kent described the proposal to buy near Oaklands Junction as “spin to seduce everyone into selling Sandown”.Racing Victoria said there was a range of options for the land, which was being used for farming.
“With its immediacy to Living Legends and the state’s major horse sales complex, the land provides Victorian racing with the potential to create a future world-class horse precinct within reach of the Melbourne CBD.”Justin McManus.“We have been pursuing a landbanking opportunity in the north-west region for several years now and are pleased to have now secured a significant parcel of land in this area,” Racing Victoria chief executive Giles Thompson said.
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