Racing New South Wales will sell the forfeited slot for this year’s $14 million The Everest (1200m) previously owned by accused cocaine trafficker Damion Flower’s Jadeskye Racing.
The racing authority’s board resolved to put the slot to tender for the 2019 race but the successful bidder will not necessarily be the one who offers the most money.
“The slot has attracted many interested parties who are willing to pay the amount necessary,” Racing NSW chief executive Peter V’Landys said.
“The challenge for them is how they can show that they will bring something unique to The Everest. We have already done a barrier draw on the Opera House, so you can rule that out.”