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Vic Owners Slam Hines Contract Extension

Tuesday, 8th February 2011

One of Victorian racing's "most powerful stake-holders has slammed the re-signing of Racing Victoria chief executive Rob Hines for a further 15 months, saying it further erodes any faith the industry has in the Board" reported The Age this morning. Thoroughbred Racehorse Owners Association chairman Andrew Lafontaine "lashed out at the process under which Hines was re-signed & questioned how RV arrived at such a hasty decision". Lafontaine declared: "To now see the CEO Rob Hines, the architect of this flawed model which has cost the industry in excess of $13 million, offered an extension of his contract is just nonsensical when his most costly decision is being formally reviewed & the outcome is unknown. How can owners, as the biggest investors in racing, have any confidence in the process when such poor decisions continue to be made?" The newspaper noted Hines & the RV Board "have also clashed with the TROA over the terms of reference for the review on which wagering model to adopt in Victoria".

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