A review of New Zealand’s $1.7 billion horse racing industry has begun, prompted by calls for government assistance from industry leaders. These leaders argue the industry is struggling and requires state support to remain viable. However, Deputy Prime Minister Winston Peters has expressed skepticism regarding direct financial aid. The review will assess the industry’s financial health and future sustainability, potentially leading to significant changes in its operation and funding model. The debate over government involvement highlights a complex political landscape, with differing views on the role of public funds in supporting the racing sector. The outcome of the review is expected to have a substantial impact on the future of horse racing in New Zealand, and is likely to be contentious.