Racing NSW puts 2025 The Everest slot up for sale
There's a prime piece of racing 'real estate' up for sale – and it has nothing to do with Rosehill racecourse.
Racing NSW is inviting 'interested parties' to submit Expressions of Interest to acquire a vacant slot in the $20 million The Everest.
The slot being offered had previously been owned by The Star since the inception of The Everest in 2017.
An Everest slot is valued at a minimum $700,000 per year and Racing NSW has stipulated potential slot buyers need to invest for a minimum of three years.
The Expression of Interest process will close on May 30 and those interested in the slot have to 'illustrate their proposed commercial terms and to also show how their offer will benefit the growth and engagement of The Everest and thoroughbred racing generally.'
• PUNT LIKE A PRO: Become a Racenet iQ member and get expert tips – with fully transparent return on investment statistics – from Racenet's team of professional punters at our Pro Tips section. SUBSCRIBE NOW!
There are only two slots filled so for The Everest, run at Royal Randwick on October 18, with the Team Hawkes-trained Briasa snapped up by slot-holders Max Whitby, Neil Werrett and Col Madden, while Private Harry will race in the slot of part-owners Yulong.
But Sunshine In Paris, owned by John Camilleri's Fairway Thoroughbreds which also has an Everest slot, could move closer to confirming her place in The Everest field if she runs well in the Group 1 $1.5 million Doomben 10,000 (1200m) at Doomben on Saturday.
• 'Proper reset': Rosehill sale divisions expose bigger problem for racing
Camilleri said earlier this week that a decision on rising six-year-old mare Sunshine In Paris' racing future will be made after Saturday's Group 1 sprint.
Sunshine In Paris, who ran a close fifth in The Everest last spring, has firmed into $4.40 favouritism with TAB Fixed Odds for the Doomben 10,000.
Champion jockey James McDonald is reunited with Sunshine In Paris after partnering her to win the Group 1 Champions Sprint at Flemington last spring.
If Sunshine In Paris wins at Doomben, she will be McDonald's 14th Australian Group 1 win of the season. He has also ridden five international major race winners.
Originally published as Racing NSW invites expressions of interest for slot in 2025 The Everest
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