VRC back in the black after six years
The Victoria Racing Club has returned to profitability for the first time in six years, announcing a remarkable $12.6 million financial turnaround.
The VRC recorded a $5.4 million net profit for 2025/26, its first positive result since the 2019/20 financial year.
Cost-cutting measures, attracting younger racegoers to the Melbourne Cup Carnival and hosting more non-racing events at Flemington have helped drive the recovery. The announcement comes as Vin Cox prepares to replace Neil Wilson as chairman, with four board positions to be contested at December's annual general meeting.
Angel Capital secures Yulong's Everest slot
Angel Capital has officially been confirmed as Yulong's representative in Saturday's $20 million Everest at Royal Randwick.
Ka Ying Rising completes final Everest workout
The final serious piece of work is done for Ka Ying Rising, with the Hong Kong champion completing his last major gallop ahead of Saturday's $20 million Everest.
Inside the Ka Ying Rising camp
A behind-the-scenes look at David Hayes preparing Ka Ying Rising for The Everest.
Go inside the inner sanctum during the champion sprinter's Randwick trial as Hayes fine-tunes his preparation for Saturday's blockbuster.
Pinhole and Land Legend surge up Melbourne Cup order
Saturday's feature winners Pinhole and Land Legend have made significant moves up the Melbourne Cup order of entry, putting both in strong positions to secure a start.
Pinhole, winner of the Group 2 Herbert Power Stakes, received a 2kg Melbourne Cup penalty, taking him to 53kg and lifting him from 66th to 40th in the order. He remains on 51kg for Saturday's Caulfield Cup.
Land Legend, who caused a major upset in the Group 1 Might And Power Stakes, jumped 30 places to 32nd in the Melbourne Cup order. He cannot be penalised for his weight-for-age victory. Both horses have also secured ballot exemptions for the Caulfield Cup.
Land Legend could head to Cox Plate
Land Legend is no certainty to back up in Saturday's Caulfield Cup following his stunning Might And Power Stakes victory.
Connections are considering a late nomination for the Cox Plate at Flemington, potentially setting up another major spring assignment for the gelding.
Royal Supremacy could chase rare Cup double
Royal Supremacy could join Cosmic Crusader in attempting the unusual feat of contesting both the Caulfield Cup and Cox Plate just seven days apart.
Connections are considering the ambitious double, with the Cox Plate at Flemington looming as a possible follow-up to Saturday's 2400m feature.
Knight's Choice likely for Caulfield Cup
2024 Melbourne Cup winner Knight's Choice is looking increasingly likely to take his place in Saturday's Group 1 Caulfield Cup.
A final decision is still pending, but if he runs, Robbie Dolan will reunite with the stayer after partnering him to Melbourne Cup glory two years ago.
Splash Back impresses at Cranbourne
Grahame Begg's Group 1-winning mare Splash Back looked in excellent order when winning the opening trial at Cranbourne on Monday morning.
Editorial at The Daily Punt, covering Australian racing and sport with an eye for where the value sits.
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