Heated Exchange and Allegations

NSW Racing chief Peter V’landys has strongly rejected accusations of misconduct, including claims that he monitors his staff’s emails, during a tense session with independent MP Mark Latham at a parliamentary inquiry into the Rosehill Racecourse sale. V’landys dismissed the inquiry as a “smear campaign” rather than a legitimate investigation into the sale, which aims to redevelop the historic Parramatta track into 25,000 new homes.

Controversy Surrounding the Redevelopment

The proposed redevelopment of Rosehill Racecourse is part of a broader plan to “re-shape Sydney” by transforming the site into a new suburb. Prominent racehorse trainer Gai Waterhouse has criticized the plan, expressing confidence that Australian Turf Club (ATC) members would oppose the sale when it is put to a vote. Premier Chris Minns, however, defended the development, arguing that Sydney needs to embrace change to avoid stagnation.

Discrepancies in Site Valuation

Questions have arisen regarding the valuation of the Rosehill site. ATC board director Timothy Hale disclosed that he had never seen a formal valuation justifying the site’s purported $5 billion worth and had never accepted this figure. In contrast, V’landys presented internal modelling suggesting that the site’s value could reach $23 billion if sold incrementally over 35 years.

Allegations of Character Smear

V’landys also claimed that an email campaign is circulating within the industry, encouraging submissions that attack his character. He described this as an attempt to discredit him, stating, “I’m aware of an email going around that’s basically saying this is your chance to get rid of V’landys, so make up whatever you can.” V’landys asserted that some individuals are using the inquiry to undermine Racing NSW’s efforts.

Concerns Over the Sale and Future Tracks

The sale of Rosehill Racecourse has been controversial, with allegations that NSW Racing intends to keep the proceeds for itself. There are also concerns about the proposed new track at Brick Pit in Olympic Park, including its suitability and environmental impact. V’landys assured the inquiry that the funds would not be used for personal indulgences but would be overseen to ensure they are spent on racing infrastructure.

Political Reactions and Future Proceedings

Ahead of V’landys’ appearance, Latham used parliamentary privilege to accuse him of “dictatorial behaviour.” During the hearing, Latham questioned V’landys about any settlements or non-disclosure agreements with former staff members, which V’landys denied. V’landys emphasized that the sale of Rosehill would only proceed if a suitable replacement track is established or if Warwick Farm is upgraded.

Impact on Group One Racing

Trainers and owners have expressed concerns about finding a suitable alternative for Group One racing, currently held at Rosehill. Under the development plan, the racecourse would be replaced by a new suburb with a Metro West link to Sydney’s CBD. Premier Minns highlighted the project’s importance, citing it as one of the last opportunities for large-scale residential development in metropolitan Sydney.

The inquiry into the Rosehill Racecourse sale will continue with another hearing scheduled for September.

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