Roots ‘N’ All

Frankie Dettori rides Undrafted to victory in The Diamond Jubilee at Ascot.Frankie Dettori rides Undrafted to victory in The Diamond Jubilee at Ascot. Photo: Getty Images

The challenge has only just begun for Racing NSW after securing tax parity with Victoria – but not until 2019-2020. The state’s governing body will miss out on more than $300 million in expected funding in the next five years, making the 2014 Strategic Plan more of a wish-list, which now needs pruning.

Peter V’landys’ vision for the future of the sport was released last year, with more than $85 million in spending predicated on tax parity starting immediately.