Extraordinary plans have been revealed that would see Penrith Golf Club sold to the Australian Turf Club for $370 million.
A new racing and training precinct would be built on the site.
The Australian Turf Club (ATC) says it has signed a Memorandum Of Understanding with the owners of Penrith Golf Club to acquire the site.
The Golf Club would be developed into a thoroughbred training centre with capacity for up to 300 stables and could be used as an alternate course for Sydney racing.
ATC Chairman Peter McGauran said discussions with Penrith Golf Club would play a crucial role in securing racing’s future in NSW.
ATC members are currently considering a plan to sell Rosehill Racecourse as part of a major plan to develop new housing by the State Government.
“Our vision includes the construction of another Group 1 racecourse that would secure Sydney’s place as a global racing hub,’’ McGauran said.
“While these discussions are in early stages, we’re excited about the potential that benefits the racing industry, ATC and Penrith Golf Club Members, and the local community.
“Penrith is one of the fastest growing population centres in NSW and ticks all the boxes in playing a key role for the next generation of racing.
“Our priority is to expand and enhance quality infrastructure for trainers and owners, who would be central to the design of a new facility.’’
Penrith Golf Club is part of the Seven Hills RSL Group and other club and community assets.
The potential for a new training and Group One racecourse at Penrith is part of the ATC’s broader $1.9 billion infrastructure strategy should members approve the proposed sale of Rosehill Gardens.
Penrith Golf Club is a Par 72 18 hole course.
Are you a Penrith Golf Club member? Tell us what you think of the plan. Email Troy.Dodds@westernweekender.com.au.
Troy Dodds
Troy Dodds is the Weekender's Managing Editor and Breaking News Reporter. He has more than 20 years experience as a journalist, working with some of Australia's leading media organisations. In 2023, he was named Editor of the Year at the Mumbrella Publish Awards.