Members will recall that the new Australian Turf Club (ATC) indicated earlier this year that it was changing its focus for sponsorship of races. This change of focus threatened to bring to an end the Club’s sponsorship of the City Tattersalls Race Day and The City Tattersalls Club Cup.
We asked the ATC to have regard to the Club’s rich history with the Australian Jockey Club (AJC) and our Club’s long involvement with Randwick Racecourse and to reconsider what they were proposing in respect of our Club’s Race Day.
We are pleased to report that, after high level discussions with the ATC, the amended proposal for 2012 is acceptable. Even though the ATC has halved the number of complimentary tickets available to members, we are confident that the vast majority of members wishing to attend on the day will be able to be catered for.
However, the ATC indicated that it will want to discuss with us a package for 2013 and beyond. It is clear that the ATC intends to increase its prices, so I will report to you later this year or early next year whether we have been able to reach an agreement and, if so, the details of that agreement and the package. We are reasonably confident that a satisfactory package will be negotiated.
City Tattersalls Club