$300 million revamp for Caulfield racetrack — see the plans

Caulfield racecourse is set to undergo a $300 million makeover.

Among the changes include:

• a new grandstand
• a second racetrack
• a new spectator entrance
• revamped horse stalls and parade rings

If approved, the first stage could start as early as late 2019.

The Melbourne Racing Club is preparing to officially unveil its vision to create “a world-class racing and entertainment venue” and give an update on Sandown racecourse.

Training will stop at Caulfield in November 2023 so 18 hectares in the in-field can be redeveloped for public use.

But the MRC has told the Herald Sun, it has no plans to develop Sandown into a training centre and racing activities are set to stay.

The VRC opened a new members’ stand at Flemington last year and Moonee Valley Racing Club is embarking on a radical $2 billion project, which includes reorienting the racetrack so racegoers can face the city.

Click PLAY to hear Ross and John discuss