Racing Victoria, a privately owned entity headquartered in Australia, employs approximately 310 individuals and reported $354.1M in revenue as of 2024. The organization functions as a tier 1 media tech buyer. Established in 2001, the company specializes in riding and animal sports, providing independent governance of the Victorian thoroughbred racing industry.
Racing Victoria (RV) Stewards on March 17, 2026, issued two charges against trainer Chris Calthorpe as the trainer of ‘Divine Turf’ under Australian Rules of Racing 240(2) and 104(1) following an investigation. Previously, on March 9, RV Stewards issued 11 charges against registered owner Robert Stutchbury, including nine under AR 231(1)(b)(iv), one under AR 231(1)(b)(iii), and one under AR 233(a), following an investigation into the care and welfare of horses. Earlier, on March 2, RV Stewards filed nine charges (two in the alternative) against registered Stable Employee Jennifer Davis, comprising five under AR 231(1)(b)(iv), two under AR 231(1)(b)(ii), and alternatively two under AR 231(1)(b)(iii), also following an investigation into horse care and welfare. This followed the announcement on March 1 by Racing Victoria and the Victorian Jockeys Association acknowledging the passing of Australian Racing Hall of Fame member Pat Hyland at 84 after a long illness. The thoroughbred racing industry also mourned the passing of celebrated mare Makybe Diva at age 27 following a sudden bout of colic on February 27, described as a once-in-a-generation mare known for her courage and staying prowess.
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Racing Victoria offers 3 products in the media and telecoms services and sports industries. Racing Victoria's product portfolio comprises of media and TV services and riding and animal sports.
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Racing Victoria's revenues were less than $500M in 2024. Caretta Research has split Racing Victoria's revenue into 2 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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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 Racing.com and Seven Network.
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