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Rosehill loses $10m Golden Eagle to Randwick after failed sale bid
Rosehill loses $10m Golden Eagle to Randwick after failed sale bid

Sydney Morning Herald

time4 days ago

  • Business
  • Sydney Morning Herald

Rosehill loses $10m Golden Eagle to Randwick after failed sale bid

In the aftermath of the failed attempt to sell Rosehill Gardens, racing authorities have stripped the venue of its biggest spring carnival race and shifted it to Royal Randwick. The $10 million Golden Eagle was meant to be for Rosehill what The Everest was for Randwick in the spring – a huge money race to attract big crowds and erode the dominance of Victoria as the traditional heavyweight of spring racing. But Racing NSW announced yesterday the feature – the only classic race in the nation aimed only at four-year-olds – would move from Rosehill to headquarters because of poor attendances. Only 10,000 people attended the race last year despite enormous promotion of the event. It was also lacking sponsors. The 1500m race has been held at Rosehill since its inception in 2019, and last year had a maximum field of 20 runners. At Randwick it will only be able to accommodate 18 runners when it goes head-to-head with Victoria's Derby Day meeting at Flemington on November 1. The news comes 10 weeks after members voted against the Australian Turf Club's proposal to sell Rosehill to the NSW government for $5 billion. Sources with knowledge of the situation not authorised to speak publicly said the change of venue was made in the hope of increasing the raceday attendance. The crowd of 10,000 last year was half that of the inaugural edition in 2019. It is hoped the change to Randwick could double or even triple that turnout, and significantly increase hospitality revenue and sponsorship opportunities for the ATC. More than 49,000 attended Everest day at the track last year.

Rosehill loses $10m Golden Eagle to Randwick after failed sale bid
Rosehill loses $10m Golden Eagle to Randwick after failed sale bid

The Age

time4 days ago

  • Business
  • The Age

Rosehill loses $10m Golden Eagle to Randwick after failed sale bid

In the aftermath of the failed attempt to sell Rosehill Gardens, racing authorities have stripped the venue of its biggest spring carnival race and shifted it to Royal Randwick. The $10 million Golden Eagle was meant to be for Rosehill what The Everest was for Randwick in the spring – a huge money race to attract big crowds and erode the dominance of Victoria as the traditional heavyweight of spring racing. But Racing NSW announced yesterday the feature – the only classic race in the nation aimed only at four-year-olds – would move from Rosehill to headquarters because of poor attendances. Only 10,000 people attended the race last year despite enormous promotion of the event. It was also lacking sponsors. The 1500m race has been held at Rosehill since its inception in 2019, and last year had a maximum field of 20 runners. At Randwick it will only be able to accommodate 18 runners when it goes head-to-head with Victoria's Derby Day meeting at Flemington on November 1. The news comes 10 weeks after members voted against the Australian Turf Club's proposal to sell Rosehill to the NSW government for $5 billion. Sources with knowledge of the situation not authorised to speak publicly said the change of venue was made in the hope of increasing the raceday attendance. The crowd of 10,000 last year was half that of the inaugural edition in 2019. It is hoped the change to Randwick could double or even triple that turnout, and significantly increase hospitality revenue and sponsorship opportunities for the ATC. More than 49,000 attended Everest day at the track last year.

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