Racing Victoria is a privately owned company headquartered in Australia, with approximately 310 employees, and reported $339.6M in revenue as of 2025. The company operates as a tier 1 media tech buyer. Established in 2001, Racing Victoria provides independent governance of the Victorian thoroughbred racing industry, specializing in spectator sports.

2025 Revenue

Founded

-

Headcount

304

Headquarters

Australia

Primary Segment

Spectator Sports

Ownership

Privately Owned

News Summary:

Racing Victoria (RV) is set to host its second Off The Track Carnival at Boneo Park on September 8, 2026, showcasing thoroughbred versatility with former Group 1 stars and international horses in what is described as Victoria's largest and richest equestrian event dedicated to thoroughbreds. This follows a communication on August 26, 2026, where RV Chair Tim Eddy informed the Moonee Valley Racing Club (MVRC) that the Cox Plate's 2027 return was not guaranteed without a race-ready grandstand, highlighting a dispute over the club's signature Group 1 event. Previously, on August 24, 2026, RV Stewards confirmed a prohibited substance in a pre-race blood sample from the Grahame Begg-trained horse Shades of Pink. Earlier, on August 13, 2026, MVRC addressed "unfounded misinformation" regarding its $250 million redevelopment, as RV sought assurances about racing's return to The Valley. On August 12, 2026, RV Stewards concluded inquiries into four charges against Mr Ben Woodsford, who pleaded guilty to all, including training horses without a license.

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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 riding and animal sports, search, social, and retail media and sports tickets, merchandise and sponsorship.
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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 matchday revenues. For full access to Racing Victoria's revenue breakdown subscribe to Caretta Portal.
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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.

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