The New Zealand Thoroughbred Racing (NZTR) Board today announced that Russell Warwick has advised he will step down as Chair in the coming weeks.
Following a period of significant change and reform across the racing industry, the demands placed on the Board have increased substantially over the past eight months. Mr Warwick advised the Board that balancing these responsibilities with his commitments as General Manager of Westbury Stud meant it was the right time to step aside.
“The demands of the role over recent months, together with my need to focus on my primary role at Westbury Stud, mean I have reluctantly decided to step down as Chair. It is my intention to stand down as Chairman at the start of August and to resign as a director at the time of the AGM in November.
“I would like to thank my fellow Board members, the NZTR executive team and all NZTR staff for their extraordinary support and the work they undertake on behalf of our industry.
Their commitment and professionalism give me great confidence in the future of thoroughbred racing in New Zealand.”
Mr Warwick joined the NZTR Board in 2024, having been involved in the New Zealand racing industry for more than 50 years.
“My intention was to give something back to an industry that has given me so much.”
The significant programme of industry reform which is underway would continue.
“Our work programme includes important strategic initiatives, including Project Stamina, and my priority is to ensure that this momentum continues. While I am stepping aside as Chair, NZTR's day-to-day operations and strategic priorities remain unchanged. I remain committed to supporting the Board, management and the wider industry as we continue to deliver the reforms and investments that will strengthen the future of thoroughbred racing.”
NZTR Chief Executive Matt Ballesty acknowledged Mr Warwick's leadership and contribution to the industry.
"On behalf of the New Zealand Thoroughbred Racing Board, management and staff, I would like to sincerely thank Russell for his outstanding leadership, dedication and commitment to thoroughbred racing. During his time as Chair, Russell has led the organisation through one of the most significant periods of reform in our industry's history and has consistently acted in the best interests of racing and its participants.
"Russell brings deep racing knowledge, commercial experience and integrity to every role he undertakes. He leads with humility, calmness and a genuine passion for the industry. While we fully respect his decision, we are pleased he will continue to contribute as a director during this critical period.”
A decision on Mr Warwick's replacement as Chair will be announced in the coming weeks.
