The Victoria Racing Club (VRC), a privately owned Australian company founded in 1864, is a major horse racing organizer. Employing approximately 270 people, the VRC annually hosts 25 race meetings, most notably the internationally recognized Melbourne Cup. With over 30,000 members, it claims to be the world's largest member-based racing club. In 2023, the VRC's revenue was below $250 million.
On May 18, 2024, a Richmond versus North Melbourne football match took place, offering members access to a Committee Room experience including lunch and beverages. A Champagne tasting event for members featuring G.H. Mumm Champagne also occurred. Separately, the Victoria Racing Club received praise from trainer Grahame Begg for their programming of the HKJC World Pool Sprint Classic, a race with $500,000 in prize money that attracted 18 runners. A Mornington Peninsula wine tasting and grazing event for members and friends was also held, though a specific date was not provided. Finally, the success of the horse Light Infantry Man, which won during Melbourne Cup week at Flemington and achieved Group 1 form in Perth in December 2023, was noted.
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Victoria Racing Club (VRC) offers 2 products in the sports and media and telecoms services industries. Victoria Racing Club (VRC)'s product portfolio comprises of riding and animal sports and streaming services.
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Victoria Racing Club (VRC)'s revenues were less than $250M in 2023. Caretta Research has split Victoria Racing Club (VRC)'s revenue into 2 different product categories, the largest of which is horse racing. For full access to Victoria Racing Club (VRC)'s revenue breakdown subscribe to Caretta Portal.
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Examples of Victoria Racing Club (VRC)'s suppliers include Videocraft Australia and Dalet.
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Victoria Racing Club (VRC) sells broadcasting rights of its horse racing competitions to 8 companies globally, covering 6 countries. Victoria Racing Club (VRC)'s rights holders include Foxtel, Network Ten (10 Play) and Nine.
Example Sports Rights Customers
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