The report on the racing industry commissioned by its minister, Winston Peters, and released last Friday, is one New Zealanders have read many times before.
Peters' industry reviewer, an Australian racing administrator and breeder, John Messara, acknowledges he is proposing the same solution recommended as long ago as 1965 by the Reid Committee and endorsed in 1970 by the McCarthy royal commission. Namely, that New Zealand has too many race tracks.
The theory is that with fewer tracks there would be more money in the industry to improve prize money, providing better returns for the owners, breeders and trainers of race horses and giving New Zealand a stronger bloodstock industry.
Yet more than 50 years after this theory was advanced, there are still nearly 50 thoroughbred racecourses in New Zealand, many of them in small towns and holding just one or two meetings a year. And they are no more willing to close now than they were 50 years ago.
Messara notes that racing clubs are not the owners of the land they use and suggest these assets should be vested in racing's regulator for the benefit of the thoroughbred industry. About 20 of tracks could be sold, he suggests, generating sufficient capital to renovate the remaining racing venues, few of which are up to the standard he believes racegoers and punters expect.