Initiative to provide extra horsepower

The State Government has provided a boost of over $1 million to the Victorian racing industry, with the funds to encourage breeding racing and ownership of Victorian horses.

Harness Racing Victoria (HRV) has matched the Government’s $1.42 million investment under the Victorian Racing Industry Fund, which will boost HRV’s Vicbred Platinum Scheme, and provide additional prizemoney and bonuses for Victorian bred horses registered with HRV.

The Government has also invested $960,000 through the Fund towards a new Owners Room at Tabcorp Park in Melton, with construction already underway. HRV is contributing over $320,000.

Member for Melton, Steve McGhie, said the funds would see Tabcorp Park retain its place as the best harness racing venue in Victoria.

“This investment is ensuring Tabcorp Park remains the top venue for harness racing in the state, with outstanding facilities for owners, trainers, horses and the patrons who attend meetings during the year,” he said.

A premium new room for owners under the grandstand will be developed with the funding, with a capacity for 70 people seated of 120 standing, a private bar, and brilliant trackside viewing through a tinted, frameless glass wall.

HRV Chair Dale Monteith thanked the State Government for its contribution towards expanding the industry.

“We’re grateful for the government’s support to provide top-class facilities for an important stakeholder group when their horse races at our metropolitan venue, as well as the ongoing support for the Vicbred program, which encourages breeders to support the Victorian breeding sector and take a stake in our exciting and growing industry,” Mr Monteith said.

“The Victorian Harness Racing Club is extremely thankful for the Victorian Government and HRV’s investment in this wonderful space which will provide owners a special experience when their horse races at Melton,” HRV President Emmy Mazzetti added.

The new owners room will be used by owners and their guests for the 80 race meetings held at Tabcorp Park every year, but when not in use by owners, it will be available for hire for events and corporate functions.

The Victorian harness racing industry is continuing to grow, increasing by around 3.8 per cent every year with over 4,700 owners in Victoria currently.

The harness racing industry in Victoria generates $613.5 million for the economy and helps sustain more than 4,400 jobs.