Melbourne Cup
Flemington lost $24m and sacked 40 staff. Members have voted to stick with the board
Victoria Racing Club members have voted for an unchanged board to lead the financially stricken club into the future despite the Flemington organisation losing $70 million across the past four years.
- by Danny Russell
Latest
Flemington sacks 40 staff a month after bumper Melbourne Cup
The Victoria Racing Club axed 40 jobs – three weeks before Christmas – after losing $70 million across the past four years.
- by Danny Russell
Opinion
Horse racing
Money, politics, self-interest: Why one mega-club would be better for racing fans
The former Racing Victoria boss is proposing a merger of the clubs that run Flemington, Caulfield and Moonee Valley.
- by Andrew Jones
A million more for managers and a freebie Lexus: How the VRC lost money at the track
Like many punters, the Victorian Racing Club couldn’t make money from its endeavours at the racecourse last year.
- by Stephen Brook, Kishor Napier-Raman and Danny Russell
Flemington has lost $70 million in four years. Kylie Rogers has the job of turning it around
Victoria Racing Club released its annual report on Tuesday, revealing a $24 million loss for FY24. It follows losses of $16.9 million and $14.9 million for the 2022 and 2023 financial years.
- by Danny Russell
Victoria Racing Club to slash jobs just weeks after bumper Cup carnival
Besieged by debt, the Victoria Racing Club incurs significant expenses to promote and stage the Melbourne Cup week.
- by Danny Russell
J-Mac sticks neck out over ‘ridiculous’ skivvy logo ban; Victorian racing codes lose $58m
Racing Victoria stewards are cracking down on jockey skivvy ads, while Caulfield is looking to scrap one of its group 1 race days and the state’s racing codes suffer a $58 million loss.
- by Danny Russell
Six reasons this spring carnival will never be forgotten
From Jamie Kah’s heroics to a singer winning the Melbourne Cup and owner Colin McKenna’s final words, the spring carnival has put racing back on the map.
- by Danny Russell
Updated
Horse racing
‘Imagine what she would have won the Melbourne Cup by’: Via Sistina sets Flemington alight
On a day that celebrated the stars of the track, there was a sad ending to the racing career of “the people’s horse”, Pride Of Jenni, who was retired after bleeding from both nostrils.
- by Andrew Wu and Danny Russell
The school-leaver up at 4am, and a Katy Perry dancer turned Cup strapper: Racing’s pre-dawn heroes
While the big days of the Melbourne Cup carnival attract the height of fashion and society’s elite, there are also pre-dawn heroes who keep horse racing’s heart beating.
- by Rob Harris
Original URL: https://www.brisbanetimes.com.au/topic/melbourne-cup-5zd