Racing Victoria

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

Racing Victoria, a privately owned entity headquartered in Australia, is a tier 1 media tech buyer. Established in 2001, the company operates with approximately 310 employees and reported $339.6M in revenue as of 2025. Functioning primarily in spectator sports, Racing Victoria specializes in providing 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) Stewards completed their inquiry on April 30 into the finding of Fexofenadine, detected in a post-race urine sample from ‘Harmonett’ after its victory in Race 2 at Sportsbet Sandown Racecourse on January 21, 2026. This follows the Stewards' April 27 issuance of a charge against Vincent Hall, trainer of ‘Harmonett’, under Australian Rule of Racing (AR) 240(2) following an earlier investigation. Previously on April 26, RV Chief Executive Aaron Morrison addressed questions regarding the ongoing Formestane drug saga. Earlier in the month, on April 25, RV announced the return of its Off The Track Carnival for retired racehorses, hosted by Boneo Park from September 11-13, 2026, with an increased scale and ambition, reaffirming its commitment to equine welfare. On April 23, RV extended its temporary business support subsidies through May to provide relief for escalating fuel costs, an action that followed consultation with the Australian Trainers Association (ATA), Victorian Jockeys Association (VJA), Thoroughbred Racehorse Owners Association (TROA), and the State Government.

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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, sports tickets, merchandise and sponsorship and search, social, and retail media.

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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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May

27th

2026

01:50

Corporate Restructuring, B2B Tag

Mergers on the cards, times up for TB at .com, racing’s FightMND push, jockey on jockey feedback, wet track forecast and racing royalty set for Ascot?

Mergers will happen Expect club mergers to become a big focus for Victorian racing post the November state election. Betsy revealed on Wednesday that there had been approach for the Moonee Valley Race Club to merge with the Melbourne Racing Club.

Betsy (com.au)

May

23rd

2026

18:35

B2B Tag

Dabernig set for fine in explosive Formestane drug saga

Tom Dabernig has struck an agreement with Racing Victoria that will likely see him fined for presenting a horse to race with several banned substances in its system. Dabernig is the latest trainer to face charges relating to the presence of Formestane and 4-hydroxytestosterone, as well as Testosterone, in a raceday urine sample from one of his horses.

Betsy (com.au)

May

14th

2026

21:13

Cost Cutting, Layoffs, B2B Tag

Racing Victoria apprentice shake-up claims coach

Racing Victoria has made one of their apprentice jockey coaches redundant. Alf Matthews, who worked alongside former riding great Darren Gauci, was recently informed his tenure at Racing Victoria was over after 14 years with the administrator.

Betsy (com.au)

May

12th

2026

19:55

Management Changes, Regulatory and Legal, B2B Tag

Failing the vet check: RV can’t mark its homework on Robertson

Comment: Given the messy circumstances of the departure of the previous chief veterinary officer, you would think there would have been an extra emphasis from Racing Victoria boss Aaron Morrison and his executive team to get the key appointment right this time around.

Thestraight (com.au)

May

12th

2026

05:53

Management Changes, B2B Tag

hour vet – Racing Victoria forced to backflip on Robertson

Racing Victoria has been forced into an embarrassing backdown, reversing its decision to appoint Dr Glenn Robertson-Smith as its next chief veterinary officer just 24 hours after his appointment was publicly announced. It comes after incidents from 2018 were reported in the media, where Robertson-Smith was charged over threatening messages toward a former Melbourne Racing Club executive.

Thestraight (com.au)

May

11th

2026

01:28

Management Changes, B2B Tag

Smith to head up Racing Victoria's new veterinary leadership team – The Straight

Racing Victoria has moved to provide overdue stability within its veterinary and integrity ranks with the appointment of Dr Glenn Robertson-Smith as chief veterinary officer and Dr Stephanie Chapman as deputy chief veterinary officer. Dr Robertson-Smith brings more than four decades of experience spanning specialist clinical practice, academia and racing regulation to the role after most recently working with the Hong Kong Jockey Club.

Thestraight (com.au)

May

11th

2026

00:25

B2B Tag

‘Not a political statement’: Sokolski’s new colours ready for Randwick test

Brae Sokolski is hoping his newly approved silks can have their first victory on the track when Unhinged looks to book a ticket to Queensland at Randwick on Wednesday. The owner, who has won a Melbourne Cup, Caulfield Cup, Cox Plate and The Everest, worked with Racing Victoria and Racing NSW to get a new set of colours that honour his Jewish heritage after a set featuring a likeness to the Israeli flag on the sleeves were banned.

Betsy (com.au)

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

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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.