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AJC "Applauds STC Merger Decision"
Meanwhile the Australian Jockey Club "welcomed the decision by the Sydney Turf Club Board to embrace a merger of the 2 racing clubs". AJC Chairman Ron Finemore declared: "I congratulate the Board members of the STC, who have worked hard to make the right decision for Sydney Racing today. This is a very exciting day for our industry, with Sydney racing now poised to become the leader in Australian thoroughbred racing. This total investment of $174 million will put Sydney racing where it belongs - front & centre on the world stage. The merged Club, with 4 exciting modern venues (Royal Randwick, Rosehill Gardens, Warwick Farm & Canterbury Park), will become one of the best racing & multi-purpose businesses globally. This is great news for our members, for the future of Sydney racing & for major events in NSW."