Handicap (horse racing) Handicap (horse racing) A handicap race in horse racing is a race in which horses carry different weights, allocated by the handicapper. A better horse will carry a heavier weight, to give it a disadvantage when racing against slower horses. The skill in betting on a handicap race lies in predicting which horse can overcome its handicap. Although most handicap races are run for older, less valuable horses, this is not true in all cases; some great races are handicaps, such as the Grand National steeplechase in England and the Melbourne Cup in Australia. In the United States over 30
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