The impact of the Victorian thoroughbred racing industry extends well beyond that seen on the racetrack. It is an integral part of the sporting life, cultural traditions and, importantly, the economy of Victoria. Racing is an industry that makes a significant contribution to the economy, while also constituting a key aspect of the state’s social fabric, both on a metropolitan and regional basis. In brief, it is:
In September 2018, the latest Victorian Racing Industry Size and Scope report was released, reiterating that thoroughbred racing continues to play an important role in the state’s sporting and social calendar and is an industry that is a significant asset for Victoria. A thoroughbred-specific version of the report demonstrates the impact the state’s racing clubs have on the economy and social fabric of both metropolitan and regional Victoria.
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