Harness Racing Victoria determined that it will not proceed with a return to Moonee Valley following a comprehensive assessment of the redevelopment opportunity and its implications for the industry.
While the proposal was considered in detail over an extended period, HRV concluded that it did not represent the most appropriate use of industry funds or the strongest long-term position for Victorian harness racing.
First and foremost, HRV acknowledges the significant role Moonee Valley has played in the history of Victorian harness racing. The venue has been synonymous with many of the sport’s greatest moments and remains highly regarded by participants and supporters alike.
For that reason, HRV’s Board and Executive explored opportunities to incorporate harness racing into the redevelopment plans and worked constructively with Moonee Valley Racing Club over an extended period.
The concept under consideration was significantly more than simply returning harness racing to the venue. It involved the creation of a new integrated racing model, including the proposed establishment of a combined Moonee Valley Racing and Harness Racing Club.
While the vision was compelling, the commercial realities presented substantial challenges.
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