The Woodville-Pahiatua Racing Club's Anniversary Day meeting was abandoned on Monday because of fears over the safety of the Woodville track.
And the abandonment would probably cost the club, president Joe Dodunski told the Dannevirke News.
"I was upset, but it's all about health and safety," he said.
"However, it's going to be pretty costly for our club."
Rain on the hard and fast Woodville track could have caused problems for horses and riders, Mr Dodunski said.
"When they came into the turn and put pressure on the horses they could have slipped," he said.
"But before the rain the track was in bloody great condition."
With the early decision to call off the traditional Woodville-Pahiatua Cup meeting made about 11am, well before the 12.35 start, Mr Dodunski said most trainers were stopped halfway to the track.