From the CEO – parting words from Vaughn Lynch

Friday 20 July 2018

This will be my final message following my resignation as the Tasracing CEO as announced In May.

My final day with the organisation is today (Friday 20 July).

To begin, I would like to thank everyone in the racing industry for their assistance in my time at Tasracing. I would particularly like to thank the Tasracing Board for giving me the opportunity in the first place and all Tasracing staff for their collective fantastic work ethic.

I have thoroughly enjoyed my time in Tasmania and am very proud of the joint achievements the organisation and the industry have made since my appointment.

They include:

  • While the final result will be confirmed in the Annual Report to be tabled in Parliament towards the end of this year, Tasracing made more than $13 million in Racefield Fees in FY18, which was an increase of approximately 25 per cent on last financial year, and up nine per cent on the original budget.
  • Following an initial six per cent code funding increase earlier in 2017/18, a further $1.24 million funding increase was distributed across all three codes of racing in the second half of 2017/18. These funding increases were possible thanks to the improved turnover on Tasmanian racing through the commercial decisions taken by Tasracing and the support of the entire industry.
  • Increases in participation numbers in the major thoroughbred cups, particularly in Hobart. Tasracing hosted a Hobart Cup Eve cocktail party in partnership with Wrest Point and the TRC which was highly successful and will hopefully become an annual event.
  • The return of the trotting gait to the Tasmanian Standardbred racing industry.
  • Hosting the very first Australian Female Jockey Championship and the Australian Female Drivers Championship within a week of each other.
  • Working closely with the Tasmanian greyhound industry as it continued to improve its performance.

While the decision to leave Tasracing and Tasmania was obviously a difficult one to take, I am confident that I am leaving the organisation in very good hands with Dr Alicia Fuller acting as Interim CEO while the search for a permanent replacement is undertaken.

Dr Fuller joined Tasracing as the Operations Manager-Racing after spending more than 12-months with the Office of Racing Integrity as the Regulatory Vet, with time spent acting in the role of General Manager.

Dr Fuller’s appointment will ensure the day-to-day operation of the business are appropriately focused.

Of course, I will continue to support Dr Fuller, Tasracing and the entire industry, in any way I can in the future.

Thank you again for your support.

Vaughn Lynch