Racing Victoria Racing Victoria Racing Victoria Limited, as the governing principal racing authority, has responsibilities to develop, encourage, promote and manage the conduct of Thoroughbred horseracing in the State of Victoria, Australia. It assumed this responsibility, from the Victoria Racing Club, on 19 December 2001. It was established with the support of Country Racing Victoria, Melbourne Racing Club, Moonee Valley Racing Club, Victoria Racing Club, other racing industry bodies, and the Victorian State Government. Racing Victoria represents the Victorian Thoroughbred industry in dealings with bodies such as the Australian Racing Board, and is responsible for the marketing of Victorian Thoroughbred racing. 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