Former Racing Victoria chief proposes merger of major Melbourne racing clubs

A former Racing Victoria executive has proposed merging the three major Melbourne racing clubs: Flemington, Caulfield, and Moonee Valley. This comes as the Victoria Racing Club reports significant financial losses, totaling $24 million for the 2023-24 year. The merger would simplify membership for fans, allowing them to access all major tracks with one fee. It aims to reduce operational costs by consolidating resources and improving revenue opportunities for sponsors and racehorse owners. While previous attempts at consolidation faced challenges due to club identities and leadership interests, the current economic climate and leadership changes may present a favorable opportunity for collaboration.