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NSW Central Coast Review Completed
Racing NSW has announced that it has concluded its review of racing and training facilities on the Central Coast. A taskforce, headed by John Singleton, presented a report to Racing NSW in October 2012 making a number of recommendations regarding racing on the Central Coast, including a plan to develop a first class racing and training facility in the region. The review of the taskforce's recommendations included a detailed examination of the proposals, including costings, and found that the cost of the desired option is beyond Racing NSW's present capital budget and cannot currently be financed. Accordingly, the board of Racing NSW has resolved not to proceed with this matter any further at this time. Racing NSW Chairman, John Messara, said, "On behalf of Racing NSW I again wish to thank Mr Singleton and the Taskforce for their excellent work and their incisive report to Racing NSW. It provided a vision for the future, but requires the support of both the Gosford and Wyong Clubs. Racing NSW was interested in pursuing the recommendations of the Report but further examination has indicated that the development at the heart of the Report's recommendations would cost more than we have available in our present capital budget. Racing NSW will not be driving a merger of the Gosford and Wyong Race Clubs. If the clubs opt to join forces of their own accord, the Singleton Report and subsequent studies are on the record and at their disposal. There is no doubt that there are sound strategic reasons for the development of a first class racing and training facility on the Central Coast, but the Clubs themselves also need to embrace the vision."