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Posted: 2022-11-02 19:38:19

The ACT government has prepared for a future without horse racing, drawing up plans to build housing on Canberra's only racecourse.

However, Chief Minister Andrew Barr says he has no intention to end the sport in the ACT — he says the plan is simply an option.

The government released a draft development strategy for the city's inner north on one of racing's biggest days, Melbourne Cup Day.

It included two options for Thoroughbred Park's future: one is turning some of the site into homes and shops, the other is developing all of it and scrapping the race track in the process.

The opposition Liberal Party said the timing was disgraceful.

Its racing spokesman, Mark Parton, said the Canberra Racing Club was "completely blindsided by this when they are busy putting on a Melbourne Cup race day".

The club — which wants to develop some of the land — agreed the document was "a big shock".

Its chief executive, Darren Pearce, said it was "akin to being at an AGM and having a hostile takeover of your company".

However, he added that the first option in the plan was "very closely aligned to our master plan".

"Let me be unequivocal about this: We're not property developers at the expense of the racing community," Mr Pearce said.

"We're looking to develop the surplus land on the fringe of the race track, to give us a capital base to reinvest in what we can do for our members, for the community and to improve horse welfare."

'Not a plan to end racing'

The government had been working with the racing club for two-and-a-half years to find a better way to use the land.

However, Planning Minister Mick Gentleman acknowledged the draft document might have caught the racing community off guard.

People look at the gates at a horse-racing track; in the background is a mountain with a large tower on top.
Thoroughbred Park sits on valuable land, close to light rail and Canberra's centre.(Supplied: Thoroughbred Park)

The option the club supports involves adding low and high-density housing, and some parks and other amenities.

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