The Victorian State Government has announced a $5 million investment into the redevelopment of Moonee Valley Racecourse (pictured right), which will include a new 27-metre wide race track. 

Minister for Racing Anthony Carbines confirmed the funds, coming from the Victorian Racing Industry Fund will significantly improve the already world-class racing and entertainment precinct.

The Moonee Valley Racing Club will invest more than $16 million towards the project as part of the club’s $220 million redevelopment – which will create 200 jobs during construction.

As part of the redevelopment a new 27-metre wide race track will be constructed with improved drainage, irrigation and turf for better safety and performance. The track will be realigned 90 degrees, relocating the home straight grandstand from Feehan Avenue to Victoria Street.

The redevelopment will also be used to improve viewing for spectators with a new grandstand and make the infield of the racetrack suitable for public use while new horse stalls will be built alongside a vet office, farrier room, wash bays, parade ring, swab and scope boxes.

"We’re investing in the infrastructure that will cement the Valley’s future and our reputation as the racing capital of Australia – supporting trainers, jockeys, owners and fans,” Carbines said. “We will always back the racing industry which does so much for our state – generating $4.7 billion for the economy and supporting 35,000 full-time equivalent jobs.”

Moonee Valley Racing Club chair Adam Lennen said it was a significant investment, particularly with the energy-efficient lighting being installed and upgraded infrastructure.

“The Victorian Government’s support is a vital contribution to our bold vision for the future of The Valley - this funding helps us realise our vision of transforming The Valley into the premier night racing destination in the world,” he said.

Moonee Valley hosts 23 race meetings each year, including the iconic W.S. Cox Plate. The 2025 Cox Plate Carnival, held between 24-25 October, will be the final meeting before the racecourse closes for redevelopment.

Story by Nick Creely/Picture by Travis Stephens