Article Summary
Members of the Australian Turf Club (ATC) voted not to sell Rosehill Racecourse to the NSW government, with 56.1 per cent of the ballots cast in favor of the “no” vote. The proposed sale aimed to facilitate the construction of 25,000 homes, a Metro West line stop, and upgrades to neighboring racecourses. Existing members would have received complimentary membership and a $1,000 food and beverage tab for five years. Critics argue that the sale could have jeopardized the future of racing in the region. ATC chairman Peter McGauran described the decision as the most significant in the club’s history.
What This Means for You
- Rosehill Racecourse will not be sold to the NSW government, ensuring its continued use for horse racing events.
- The ATC will have to consider alternative strategies to finance future upgrades and ensure the sustainability of racing in Sydney.
- Those against the sale can celebrate the preservation of a historical racecourse and the prevention of potential overdevelopment in the area.
- The NSW government may need to explore alternative solutions to address housing demands and public transportation needs.
ATC Members Vote Against Sale of Rosehill Gardens Racecourse
Members of the Australian Turf Club (ATC) have voted not to sell Rosehill Racecourse to the NSW government, as stated in the article. This decision concludes a 17-month-long saga and will retain the racetrack as a racing venue. If the members had approved the sale, the NSW government intended to on-sell the land to housing developers, while also installing a stop on the new Metro West line and turning Warwick Farm into a Group 1 track. According to the article, the proposition comes as a response to declining racing event attendance and the need to address growing housing demands in Sydney.
People Also Ask
- What was the initial proposal for Rosehill Racecourse? The NSW government wanted to buy Rosehill Racecourse from the ATC to build 25,000 homes, install a Metro West line stop, and upgrade neighboring racecourses.
- How did ATC members vote on the sale of Rosehill Racecourse? ATC members voted to reject the sale, with 56.1 per cent of the ballots cast in favor of keeping the racecourse.
- What were the benefits for ATC members in the proposed sale? Members would have received complimentary membership and a $1,000 food and beverage tab for five years if the sale had been approved.
- Why did the NSW government want to acquire Rosehill Racecourse? The NSW government aimed to address
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