Moonee Valley Racecourse Moonee Valley Racecourse Moonee Valley Racecourse is a horse-racing track in Melbourne, Australia. Moonee Valley Racecourse was established in 1883 by William Samuel Cox, who purchased a farm belonging to John F. Feehan for the purpose of establishing a racetrack. Being entirely freehold land owned by a private club, this separates Moonee Valley from other Melbourne racecourse such as Caulfield and Flemington. Expansion of the racecourse facilities occurred in the 1960s, funded by compensation for land acquired for the construction of the adjacent Tullamarine Freeway. In the 1970s harness racing moved to the Valley, when night trotting relocated from the
Moonee Valley Racecourse Royal Melbourne Showgrounds. In 2009 the Moonee Valley Racing Club announced their redevelopment plans for the racecourse, with the relocation of the existing grandstands to make way for commercial and residential development. The works were estimated to cost $150 million, with $50 million in profit returning to the club. By 2011 the plans had expanded to cover four 20 storey high residential towers, to provide 2000 apartments and townhouses. Costing $1.4 billion, the racing club would receive $300 million. Some local residents and politicians were opposed to the plan. Moonee Valley Racecourse Moonee Valley Racecourse is a horse-racing track in