Cup day racing in Qld to go ahead after agreement reached
RACING: After a marathon meeting on Friday, the State Government and Racing Queensland have struck a deal to deliver $26 million in new prize money to the industry.
It is understood $18 million will be injected on November 1, with a further $8 million to come in six months.
The deal is ongoing, meaning $26 million will be injected into the industry annually.
Race meetings will still not go ahead in Queensland on Saturday but the new deal averts any future strike action for Melbourne Cup day, where TAB meetings in Queensland, including Sunshine Coast's Corbould Park, will now proceed as scheduled.
Events at some of the state's biggest racecourses, including Doomben in Brisbane, Toowoomba and Townsville, would all have been affected by the planned strike.
FULL STORY: RACING SET TO HIT THE TRACK