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HomeNewsRacing queensland's new funding program

Racing queensland’s new funding program

Racing Queensland has committed to funding more than $3 million per year for Country Racing Clubs across the state for successful applicants.

Racing Minister Grace Grace announced the new Country Club Asset Funding Program (CCAF) is set to replace the Country Raging Program (CRP) at the Gordonvale Turf Club.

The grants will help country racing clubs with infrastructure repairs, as well as maintenance and asset replenishment as assessed on a needs basis.

The CRP organisation supported more than 300 projects in 2018, where CCAF is set to a $400,000 increase for the former program.

Half-million-dollar renovations were installed into over 30 racing clubs in Northern Queensland approved under the old CRP organisation.

The new progression from both the CRP and CCAF leads to the introduction of the Palaszczuk government which reinvests 80 percent of Betting Tax revenue back into the industry and guarantees higher minimum funding support for country racing.

Racing minister Grace Grace said her thoughts on the new program.

“The Palaszczuk Government backs country racing because we know how much it contributes to the social and economic life of so many regional communities in Queensland,” she said.

“Since 2018 our previous Country Racing Program has supported over 300 infrastructure projects at clubs in every corner of the state.

“I am delighted that the new Country Club Asset Funding available will provide greater support for clubs to meet their needs going forward and continue to support hundreds of jobs across regional Queensland.”

Applications for the new program close on 5 June.

For more information go to www.racingqueensland.com.au/

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