The Australian Turf Club (ATC) has been granted a temporary reprieve after the New South Wales Court of Appeal ordered a stay on the appointment of an administrator until 13 July, despite ruling in favour of Racing NSW in a closely watched governance dispute.
The decision marks a significant victory for Racing NSW, which has been seeking to place the ATC under administration since late 2025 amid concerns over the club's financial position and corporate governance. Racing NSW had argued that the club's leadership had failed to adequately address commercial and financial challenges, prompting the regulator to issue a show-cause notice before moving to appoint an administrator.
The dispute escalated after Racing NSW attempted to remove the ATC board and install EY as administrator. However, the move was initially blocked when the NSW Supreme Court ruled earlier this year that the appointment was not authorised under the Thoroughbred Racing Act.
That ruling has now been overturned by the Court of Appeal. The judges found that Racing NSW's actions fell within its statutory functions and that matters relating to the club's finances and governance were connected to the broader administration of thoroughbred racing in the state.
Despite the setback, ATC Chairman Tim Hale SC said the board continues to believe that administration is unnecessary. He stated that throughout the proceedings, the board had acted in what it considered to be the best interests of the club and its members.
Hale also pointed to a number of developments achieved during the legal dispute, including the appointment of a permanent CEO, the addition of a new Director, improvements to the club's financial position and the successful delivery of the Sydney Autumn Racing Carnival.
While the stay remains in place until July, uncertainty continues over the club's future. It remains unclear whether the ATC will seek to challenge the ruling in Australia's High Court.
For now, the club says its focus remains on supporting members, participants and the long-term success of racing in New South Wales.
The Australian Turf Club operates four major metropolitan racecourses, including Royal Randwick and Rosehill Gardens, one of Australia's most prominent racing venues