What Lindsay Park Racing does

Lindsay Park Racing is a privately-held thoroughbred horse racing training operation founded in 1947 by Colin Hayes in South Australia and now led by the third generation of the Hayes family — trainers Ben, Will, and JD Hayes. The company operates from a 1500-acre purpose-built headquarters in Creightons Creek (Euroa), Victoria, with satellite stables at Flemington and Pakenham, providing full-lifecycle thoroughbred services spanning yearling purchases, 2-year-old development, active racehorse training, and end-of-career Off-The-Track (OTT) retraining and rehoming through a programme officially acknowledged by Racing Victoria. Core technical assets include five private training tracks, an all-weather synthetic track, swimming pools, treadmills, on-site veterinary facilities, and a proprietary owner communications portal (Prism Horse).

The business generates revenue across three streams: recurring training fees for racehorse owners, transactional horse sales through auction channels (Inglis Easter, Magic Millions Gold Coast/Perth/Adelaide, private treaty), and ownership share syndication across individual and enterprise investors. Yearling purchase prices range from AUD $85,000 to $375,000, with ownership shares available at varying price points through multi-year engagements. The customer base spans SMB individual owners and enterprise ownership groups (including Shadwell Stud, Marc Chan, Devitt and Gordon, and Woods Family), supported by dedicated sales, bloodstock, and client liaison personnel.

Distribution operates through a hybrid model combining direct sales (bloodstock manager Josh Rix and sales/client liaison Tom Ryan), inside sales through ownership syndications, and auction marketplace channels. The company markets via quarterly owner newsletters, a content-rich website, organic social media, and a merchandise partnership with Fanfave. Recent strategic activity — including the 2024 Pakenham satellite stable opening, the November 2025 CEO appointment of Gareth Downey (outside the Hayes family), and ongoing Group 1 successes (Mr Brightside, War Machine, Here To Shock) — indicates a deliberate professionalization and multi-site scaling trajectory while preserving the family brand and racing legacy.

Name

Lindsay Park Racing

Legal name

Lindsay Park Racing

Website

https://lindsaypark.com.au

Company type

Private

Founded year

1947

Operating status

Operating

Headcount range

11–50 employees

Short description

Lindsay Park Racing is a privately-held Australian thoroughbred racing training stable founded in 1947, now led by the third-generation Hayes brothers (Ben, Will, JD) across three Victorian facilities (Euroa HQ, Flemington, Pakenham), serving racehorse owners via training fees, ownership syndications, horse sales, and an accredited OTT retraining programme.

Ownership category

akta.pro rank

Product category

Thoroughbred Racehorse Training and Bloodstock Services

NAICS

Support Activities for Animal Production (115210)

SIC

Services-Racing, Including Track Operation (7948)

akta.pro primary industry

Racehorse Training & Conditioning Operations (AFAEAGAE)

akta.pro secondary industries

Sport/Show Horse Training & Performance Programs (AFAEAGAF), Equestrian Teams & Stables (Racing/Show Jumping/Eventing) (MPAKABAG)

Keywords

• Thoroughbred racehorse training
• Racehorse ownership shares
• Yearling horse sales
• Bloodstock management services
• Off-the-track retraining

Headquarters

HQ city

Melbourne

HQ country

Australia

HQ region

Oceania

Offices3 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Supply Chain, Marketing or Sales, Technology or R&D

Revenue model

1. Training Fees: Revenue from training racehorses for owners
2. Horse Sales: Sale of yearlings, 2-year-olds, tried horses, and horses in training to buyers at auction and private sales
3. Ownership Shares: Selling shares in racehorses to investors/owners who participate in racing syndication

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels4 records

Core offering

Lindsay Park Racing provides professional thoroughbred racehorse training services led by trainers Ben, Will, and JD Hayes from world-class facilities in Victoria. The operation sells yearlings, 2-year-olds, and tried horses through major Australian auctions and private treaty, and offers ownership shares in racehorses. It also runs a Racing Victoria-acknowledged OTT thoroughbred retraining and rehoming programme covering the full horse lifecycle.

Product overview

Lindsay Park Racing is a thoroughbred horse racing operation offering a comprehensive suite of services built around its core racehorse training business led by the Hayes family training partnership. The portfolio spans the complete horse lifecycle: from yearling purchases and development through the 2 Year Olds programme, into active racehorse training across three Victorian facilities (Euroa, Flemington, Pakenham), and extending to end-of-career support through the Racing Victoria-accredited OTT Retraining Programme and rehoming services. The business also provides owner communications and newsletter services through its proprietary owner portal, creating an integrated ownership experience from purchase through retirement.

Differentiator

Problem solved

Functional benefit

Products and services

• Racehorse Training Services Professional thoroughbred racehorse training led by trainers Ben, Will, and JD Hayes from world-class facilities across three Victorian locations (Euroa, Flemington, Pakenham). Provided to individual racehorse owners and ownership groups.
• Yearlings for Sale Yearling horses available for purchase through major sales channels including Inglis Easter, Premier, Classic, Magic Millions Gold Coast, Magic Millions Perth, and privately purchased selections. Priced between $85,000 and $375,000 AUD.
• 2 Year Olds for Sale Two-year-old horses in training available for ownership shares, sourced from major sales such as Magic Millions Gold Coast.
• Horses in Training Established racehorses currently in training available for purchase or ownership shares, offering buyers a faster path to racetrack participation.
• OTT Retraining Programme Off-the-track thoroughbred retraining programme officially acknowledged by Racing Victoria, helping retired racehorses transition to second careers in equestrian disciplines such as pleasure riding, show jumping, dressage, eventing, and pony club.
• Retired Horse Rehoming Comprehensive rehoming service matching retired racehorses with suitable homes for various equestrian pursuits including pleasure riding, show jumping, dressage, eventing, pony club, and trail riding.

Quantifiable outcome

• Mr Brightside has won 9 Group 1 races and the All Star Mile
• +2 more outcomes

Named customers13 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Scale indicators3 records

Recent moves9 records

Expansion highlights5 records

Regional players

• Spendthrift Farm Australia: International thoroughbred operation with Australian presence. Comparable as an integrated equine services provider involved in stallion operations, sales, and racing partnerships.
• Waikato Stud: Major New Zealand thoroughbred breeding and racing operation. Comparable for its integrated equine services and elite racing success, though primarily NZ-focused rather than Australian.

Broad incumbents

• Coolmore Australia: Global thoroughbred breeding and racing powerhouse with Australian operations. Comparable for its full-lifecycle equine services (stallion operations, sales, racing) though Coolmore's scale and breeding focus differs from a pure training operation.
• Godolphin Australia: Global thoroughbred racing and breeding operation with significant Australian presence. Comparable as an elite racing operation with full lifecycle services (breeding through racing), though at much greater scale and corporate structure.
• Yulong Investments: Australian-based thoroughbred investment, breeding, and racing operation. Comparable as a buyer and trainer of elite racehorses in the Australian market with significant capital backing.

Direct peers

• Chris Waller Racing: Australia's leading trainer by Group 1 wins in recent years, operating from Rosehill and other NSW facilities. Comparable as an elite Australian thoroughbred training operation targeting premier races.
• Anthony Cummings Racing: Sydney-based training operation continuing a racing dynasty (son of Bart Cummings). Directly comparable family-legacy training operation competing in the Australian elite thoroughbred market.
• Ciaron Maher Racing: One of Australia's largest and most successful racing training operations, operating multiple stables across Victoria. Directly comparable as a major Australian thoroughbred training operation competing for elite horses and Group 1 victories.
• Peter Moody Racing: Victorian-based elite trainer known for champion horses including Black Caviar. Comparable as a premium Australian racing operation with strong brand and Group 1-winning capability.
• Gai Waterhouse & Adrian Bott Racing: Major Sydney-based training partnership with a multi-generational brand (Waterhouse family dynasty). Comparable to Lindsay Park's family-led, heritage-driven model and elite Group 1 focus.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/lindsayparkrace

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Lindsay Park Racing