About us - Corporate

Who We Are at Tasracing

Tasracing History 

Tasracing was established in November 2008 through legislation in the Tasmanian State Parliament. Following a six-month transition period, it became a state-owned company on July 1, 2009. Operating under a constitution and Australian Corporations Law, Tasracing is managed by two members—the Treasurer and the Minister for Racing—who hold shares in trust for the people of Tasmania.

Responsibilities 

Tasracing plays a crucial role in shaping the future of racing in Tasmania by providing strategic direction and funding to ensure high-quality racing products that meet customer needs in a competitive global market. Our responsibilities include developing racing and breeding, funding clubs, managing stakes and media rights. Additionally, Tasracing manages racing venues and promotes data on racing form and track conditions, helping clubs effectively market their events and carnivals to enhance the overall racing experience.

Learn more about Tasracing Responsibilities Here: More information on Tasracing’s responsibilities.

 

For more information about Tasracing member’s responsibilities click here 

Tasracing’s Members’Statement of Expectations, September 2012.

INNOVATION

Tasracing is dedicated to innovation that enhances the Tasmanian racing industry. Key advancements include:

  1. **Stridemaster GPS Technology**: This world-first tool assists customers with thoroughbred performance analysis, setting a new standard in the industry.
  2. **Global Export Markets**:  Tasmania’s racing product, including the development of the French export market leading to Tasmania becoming Australia’s largest exporter of racing to the lucrative French market.
  3. **Synthetic Racing Surfaces**: By being an early adopter of synthetic surfaces at key venues, Tasracing ensures consistent, high-quality racing even during Tasmania’s wet winters.
  4. **Track Maintenance Practices**: Continuous improvements in maintenance have led to exceptional track performance, surpassing industry norms.
  5. **Wagering Customer Focus**: All product development and promotional efforts are centered on enhancing the wagering customer’s experience with Tasmanian racing.

These innovations not only create competitive advantages but also contribute to a sustainable future for the racing industry in Tasmania.