Thoroughbred Racing SA (TRSA) has welcomed the announcement of a $5 million funding commitment for the Murray Bridge Racing Club as another important step in its long-term strategy to grow horse numbers in South Australia.
The State Government grant, which was announced in the State Budget, will help create up to 150 on-course stables and a 70-metre equine pool at the club’s Gifford Hill facility with the balance of the project’s funding to be provided by TRSA.
“Being able to offer these new stables and a state-of-the art equine pool, adding to the uphill training track already developed, will help us deliver a full on-course service at Murray Bridge. This will give both existing and new trainers a new option in the State,” TRSA Chair Rob Rorrison said.
“It is a key part of growing horse numbers in South Australia which, in turn, will drive further investment and growth in the industry.
“We are extremely appreciative of the State Government’s ongoing support.”
The addition of up to 150 additional horses on site will create an estimated cumulative economic value of $63 million over five years while creating 105 construction and ongoing jobs.
“This is another important piece of infrastructure for the future of South Australian racing,” TRSA CEO Nick Redin said.
“It puts more momentum behind Murray Bridge as an elite training centre and provides further incentive for trainers and owners to expand the horse population in South Australia.
“When combined with the prizemoney increases and SABOIS changes that will come into effect on 1 December, we believe this helps send a strong message about growth to the racing community.”
Work on the new on-course stables and equine pool is expected to start in early 2021.