In a historic decision, Australian Turf Club (ATC) members have voted against the proposed sale of Rosehill Gardens, concluding a high-stakes consultation process.
Despite 43.9% of voting members — 3,451 in total — supporting the sale and reinvestment strategy, the proposal fell short of the required majority.
The outcome halts plans to reshape Sydney’s racing infrastructure, marking a pivotal moment for the club’s future direction.
ATC Chairman Peter McGauran acknowledged the spirited debate that accompanied the vote, emphasising members' active engagement.
He framed the proposal as a necessary discussion under the board’s fiduciary duty, aimed at strengthening racing venues and member benefits.
“This was the most significant decision in the Club’s history, and we thank every member who engaged with the proposal and made their voice heard,” McGauran said.
“The Board brought forward this proposal in accordance with its fiduciary obligations, with the future of Sydney racing, our venues and Members at the centre of the plan.
While the plan will not proceed, McGauran underscored that the engagement has laid the groundwork for future strategic developments.
McGauran said: “The robust debate and considered views expressed throughout the process has put us in good stead for our next phase of strategic planning and development.”
With the sale off the table, ATC is turning its attention to long-term sustainability and investment in racing infrastructure.
McGauran reaffirmed the club’s commitment to improving tracks, welfare systems, and the overall raceday experience.
Diversification of revenue streams beyond wagering will be a central focus, ensuring financial resilience in an evolving industry landscape.
The club also expressed gratitude to Racing NSW, the NSW Government, and other stakeholders for their input throughout the consultation process.
As ATC moves forward, it remains committed to honouring its legacy while modernising the sport and expanding community engagement.
