Racing Victoria is in for a major shakeup after chief executive Andrew Jones announced on Friday that he was stepping down from his role as Racing Victoria boss. Jones had been under siege for months from both Racing Victoria shareholders and other horse racing organisers in Australia.
With Jones gone, former AFL chief executive Gillon McLachlan is expected to take a leading role in Racing Victoria and even handpick the next CEO.
Racing Victoria chief executive Andrew Jones steps down
Andrew Jones’ stint as Racing Vic boss is over
News Insights
- Jones says goodbye to $800,000 job.
- Jones’ tenure is one of the most controversial in recent Racing Vic history.
- Gillon McLachlan will pick Jones’ successor.
Jones resigns from Racing Victoria CEO post
The Andrew Jones era at Racing Victoria is over. The former CEO confirmed his departure on Friday via an internal email to all Racing Victoria staff.
In the email, Jones told Racing Victoria employees that it was the “right time to move on.” If you ask his critics, Jones was right. It was time for him to go.
Jones was Racing Victoria CEO for just under two years. The final months of his tenure were marred in controversy.
Jones Controversial stint as RV CEO over
Leading up to his resignation, Jones had become enemy number one for a number of people in Victoria and in the Australian horse racing industry as a whole.
Two months ago, billionaire horse owner Jonathan Munz attempted to oust Jones from his position as Racing Victoria CEO. ““Andrew Jones needs to go. I would expect him to be gone reasonably soon. I hope so,” he said in February.
Munz, Thoroughbred Racehorse Owners Association chairman, filed five resolutions with Racing Victoria. He, along with several other Racing Victoria shareholders, sought to have five of the seven RV board members replaced and Jones sacked. The resolutions failed, but succeeded in ratcheting up the pressure on Jones.
Racing NSW chairman Peter V’landys also came after Jones during his tenure, suing Racing Victoria for anti-competitive behaviour.
McLachlan to lead new Racing Victoria CEO search
Former AFL CEO and incoming Racing Victoria chairman Gillon McLachlan will play a key role in picking Andrew Jones’ replacement.
Some outlets have gone as far as to say that the 51-year-old will be able to “handpick” the next Racing Victoria CEO. However, it’s more likely that the next RV boss will be chosen by the current board as well as by a panel of industry experts, which includes Jonathan Munz.
Until a new Racing Victoria CEO is appointed, current chief operating officer, Aaron Morrison, will lead the racing body as an interim CEO.
More Horse Racing News
Mr Brightside set for Autumn return to racing, trip to Hong Kong likely
Lindsay Park trainers Ben, JD, and Will Hayes have a big Autumn planned for eight-time Group 1-winner Mr Brightside. They say the gelding could run in three Group 1 races before heading to Hong Kong to prove himself in another market.
James Cummings’ Polyglot eyeing Eskimo Prince Stakes after Rosehill win
Godolphin Racing are considering what’s next for Polyglot after his impressive win in the Precise Air Benchmark 72 at Rosehill. The James Cummings-trained gelding could be ready to make the next step and run in the Group 3 Eskimo Prince Stakes at Randwick next month.
Gerald Ryan and Sterling Alexiou to debut competitive new colt
Ryan & Alexiou Racing are set to debut an untested runner, Sanctified. The two year old will run in this Saturday’s Chandon Handicap at the outfit’s home track of Gardens. If he wins, the colt could run in next month’s $2m Inglis Millennium at Randwick.
Betfocus vs PlayUp: A Comprehensive Bookie Comparison
Betfocus & PlayUp both have a lot to offer, but who comes out on top?
Dom Sutton considering Australian Guineas at Flemington for Feroce
After finishing runner-up in the Caulfield Guineas, trainer Dom Sutton says his gelding Feroce could run in the Group 1 Australian Guineas at Flemington on March 1. He’s also keeping an eye on the autumn Stakes as a potential option.
Joe Pride eyes Australia Day Cup for Bullets High after win at Wyong
After winning the De Bortoli Wines Benchmark 88 Handicap (2100m) at Wyong on Saturday, rising gelding Bullets High is set to race in the Listed the Australia Day Cup (2400m) at Warwick Farm on January 27.
I am an avid horse racing enthusiast and punter. Growing up in Randwick, I have been surrounded by racing through stories from the elderly’s past endeavours to the racecourse and owners that are friends of the family. I am also a data-scientist and am fascinated and intrigued by the algorithmic approach to form. I’ve has become more involved with racing over the past few years due to simultaneously delving deeper into the sport and learning how to apply a data driven approach to punting. Beyond Racing, I am an avid NRL fan and MMA fan, the latter of which I have largely applied the same philosophy of methodical, data driven punting towards and found solid success in the MMA space and I continue to track and improve my strategies.