Racing Victoria

https://www.racingvictoria.com.au/
https://www.linkedin.com/company/racing-victoria-limited/

Privately owned Racing Victoria, headquartered in Australia, was established in 2001. The company employs approximately 310 individuals and reported $339.6M in revenue as of 2025. Functioning as a tier 1 media tech buyer, its main product is spectator sports. Racing Victoria provides independent governance of the Victorian thoroughbred racing industry.

2025 Revenue

Founded

Headcount

304

Headquarters

Australia

Primary Segment

Spectator Sports

Ownership

Privately Owned

News Summary:

Racing Victoria (RV) extended its temporary business support subsidies through May, a measure introduced in response to escalating fuel costs and ongoing global uncertainty. This decision, announced on April 23, 2026, followed consultations with the Australian Trainers Association (ATA), Victorian Jockeys Association (VJA), Thoroughbred Racehorse Owners Association (TROA), and the State Government. Earlier, on April 15, the ATA expressed hope that new research would yield "profound implications" for trainers caught in racing's ongoing drug saga, where five Victorian trainers faced fines in March after their horses tested positive for a banned substance. RV had previously abandoned the Kyneton meeting on April 8 due to surface inconsistencies after 7.5mm of rain led stewards to downgrade the track. On April 6, RV Stewards confirmed that a post-race urine sample from the Vincent Hall-trained racehorse Harmonett, collected on January 21, 2026, at Sandown Racecourse, contained a prohibited substance. Concurrently, RV's Workforce Development Team continued its school raceday visits, an initiative to showcase various career opportunities within the racing industry.

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Racing Victoria offers 5 products in the sports and media and telecoms services industries. Racing Victoria's product portfolio comprises of search, social, and retail media, sports tickets, merchandise and sponsorship and riding and animal sports.

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Racing Victoria's revenues were less than $500M in 2025. Caretta Research has split Racing Victoria's revenue into 4 different product categories, the largest of which is horse racing. For full access to Racing Victoria's revenue breakdown subscribe to Caretta Portal.

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Apr

30th

2026

18:30

B2B Tag

RV Stewards' Report - Vincent Hall

Racing Victoria (RV) Stewards have today completed their inquiry into the finding of Fexofenadine as detected in a post-race urine sample taken from Harmonett after it won Race 2, the Brad Masters Plumbing Handicap over 1000 metres, at Sportsbet Sandown Racecourse on Wednesday 21 January 2026.

Racing Victoria

Apr

27th

2026

18:30

B2B Tag

RV Stewards' Report - Vincent Hall

Racing Victoria (RV) Stewards, subsequent to their investigation, have issued a charge against Vincent Hall, as the trainer of ‘Harmonett’ (the Horse), under Australian Rule of Racing (AR) 240(2), which states the following: AR 240

Racing Victoria

Apr

26th

2026

18:22

B2B Tag

Read in full: Racing Victoria’s CEO explanation of how it is tackling drug saga

The following statements have been made by Racing Victoria (RV) Chief Executive, Aaron Morrison, in response to questions from Betsy regarding the on-going Formestane drug saga.

Betsy (com.au)

Apr

25th

2026

18:30

B2B Tag

Victoria’s largest and richest event for retired racehorses goes bigger as the Racing Victoria Off The Track Carnival returns to Boneo Park

Racing Victoria (RV) has reaffirmed its long-standing commitment to equine welfare with the return of the Off The Track Carnival hosted by Boneo Park, which will be held from 11–13 September 2026 with a format increased in scale and ambition following a hugely successful inaugural year.

Racing Victoria

Apr

23rd

2026

18:30

B2B Tag

Temporary fuel cost relief extended for May

Racing Victoria (RV) has announced that its temporary business support subsidies, introduced in response to escalating fuel costs, will be extended for the month of May as uncertainty across the global landscape continues. The extension follows ongoing consultation with the the Australian Trainers Association (ATA), Victorian Jockeys Association (VJA), Thoroughbred Racehorse Owners Association (TROA) and the State Government and reflects the continued need for targeted support across the Victorian racing industry.

Racing Victoria

Apr

15th

2026

03:15

B2B Tag

Drug saga twist: Trainers’ boss hope new research has ‘’profound implications’’

Key research is being conducted that the Australian Trainers’ Association hopes will have “profound implications” for a number of trainers caught up in racing’s ongoing drug saga. Five Victorian trainers were fined in March after a banned substance was found in their horses.

Betsy (com.au)

Apr

8th

2026

18:30

B2B Tag

Today’s Kyneton meeting abandoned

Racing Victoria (RV) confirms that today’s Kyneton meeting has been abandoned due to concerns with inconsistencies in the surface. Following 2.5mm of overnight rain, club staff rated the track a Soft (5) this morning before a further 5mm of rain resulted in Stewards downgrading the surface to a Soft (6).

Racing Victoria

Apr

6th

2026

18:30

B2B Tag

Inspiring the next generation through School Raceday Visits

Racing Victoria’s Workforce Development Team continues to play a vital role in showcasing the different career opportunities available within the racing industry, with school raceday tours proving to be a highly impactful initiative. These visits are designed to give students a behind-the-scenes look at the racing industry, highlighting the diverse range of roles both on and off the track.

Racing Victoria

Apr

6th

2026

18:30

B2B Tag

RV Stewards' Report - Vincent Hall

Racing Victoria (RV) Stewards have received a report from Racing Analytical Services Limited (RASL) confirming the detection of a prohibited substance in a sample collected from the Vincent Hall trained racehorse, Harmonett. The report relates to a post-race urine sample taken from Harmonett after the mare raced in the Brad Masters Plumbing Handicap BM52 (Race 2) over 1000 metres at Sandown Racecourse on 21 January 2026.

Racing Victoria

Apr

1st

2026

18:30

B2B Tag

Racing industry gets behind Good Friday Appeal

Racing Victoria (RV) has announced a donation of $150,000 in support of the 2026 Good Friday Appeal. In partnership with Country Racing Victoria (CRV) and Southside Racing, RV provided the donation to the Royal Children’s Hospital on the Good Friday Appeal broadcast on the Seven Network.

Racing.com

Apr

1st

2026

17:26

B2B Tag

Is Flemington set for a multi-million dollar overhaul? Autumn Glow set for Randwick hit out, Deal of a lifetime for Streisand owners, Trainers can’t double-dip in fuel crisis and no Cup chance for Roo

The Flemington racecourse complex could be set for a massive multi-million redevelopment of its tracks and training facilities in secret plans being discussed by racing bosses and the state government. Betsy understands talks have been ongoing that would secure training at Flemington in the long-term as part of the development, rumoured to be worth millions.

Betsy (com.au)

Mar

31st

2026

01:06

B2B Tag

Racing Victoria latest to roll out fuel help as rising costs hit racing

Racing Victoria is the latest state to announce fuel subsidies as the industry is hit with rising costs thanks to the Iran war. In a statement on Tuesday, Racing Victoria said every licensed trainer will receive $100 per starter ‘’to assist with their operations in the face of escalating fuel costs’’.

Betsy (com.au)

Racing Victoria has suppliers like Hawk-Eye Innovations.

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Racing Victoria sells broadcasting rights of its 2 horse racing competitions to 5 companies globally, covering 2 countries. Racing Victoria's rights holders include Seven Network and Racing.com.