Eagle Farm Race track will be out of action for the best part of the year while the track is fixed up. Source: Sarah Marshall / News Corp Australia
IF Labor form government it will be interesting to see where racing fits into its platform and if they deem any changes are necessary for the industry.
Unlike three years ago, racing was not an issue during this election campaign and Labor made no policy announcements in respect to the industry.
There was naturally some anxiety among racing participants yesterday morning after the events of Saturday night.
Are the prizemoney increases in jeopardy? Will Eagle Farm and other developments proceed? Will it affect the nature of the TattsBet deal? Will there be a change in administration?
The prizemoney is locked in stone, as is the TattsBet deal. Eagle Farm is effectively a loan from Racing Queensland to the BRC, so it would be difficult for a government to derail it. Other racecourse projects are part of the Industry Infrastructure Fund, which was set up by the previous Labor Government, so again, they should proceed.
As for the future of the current Racing Queensland administration, that will be up to whoever forms government.
Given racing wasn't relevant in the election, you would assume another shake-up would be some way down the list of priorities, but given the bloodletting three years ago, some may have scores to settle.
Even RQ's harshest critics would have to concede racing is in a far better place than it was three years ago.
With metropolitan prizemoney not far off southern levels and feature prizemoney receiving a much needed lift, Queensland racing is once again relevant on the national stage.
But the anxiety of participants following the election result is also an indicator that racing is tied too closely to politics.
The industry shouldn't be at the mercy of an election result every three years.
With a long term deal to fund the industry in place, racing is well placed to be relieved of the shackles of government and fend for itself.
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