Eagle Farm Redevelopment Secures $25 Million for New ‘Terraces’ Grandstand

Racing Queensland and the Brisbane Racing Club have announced a landmark partnership to overhaul spectator facilities at Eagle Farm Racecourse, Queensland’s premier thoroughbred racing venue.

Announced on 19 January 2026, the project will see the demolition of the 69-year-old John Power Stand to make way for a state-of-the-art facility dubbed “The Terraces.”

The organisation has secured an initial $25 million investment from the state’s Racing Infrastructure Fund to finance the first phase of the redevelopment.

The project is a cornerstone of the Crisafulli Government’s broader industry roadmap, ‘The Next Lap: A plan for the future of Queensland racing,’ which establishes a $200 million Racing Future Fund to modernise fit-for-purpose infrastructure across the state.

Commenting on the partnership, Minister for Sport and Racing, Tim Mander, said: “Eagle Farm is Queensland Thoroughbred Racing’s spiritual home, and we are delivering a facility befitting of the state’s premier track.”

“By delivering this initial $25 million, the demolition of the John Power Stand can begin at the conclusion of the 2026 Winter Carnival,” Mander said.

Emphasising the importance of the partnership, Brisbane Racing Club CEO, Karl deKroo, added: “The logistics to deliver these works while ensuring racing continuity are enormous.”

“Working with Racing Queensland, we will make sure there is as little disruption as possible for participants and punters from the end of the 2026 Winter Carnival through to the start of the 2027 season,” deKroo said. 

Strategic Infrastructure and Heritage

Built in 1957, the ageing 4,000-capacity John Power Stand was assessed as nearing its structural end-of-life, with safety certifications set to expire in August 2026.

The replacement “Terraces” facility, designed by Hassell and RWA Sports Architecture, will feature modern accessibility, premium hospitality spaces, and a rooftop bar, ensuring a sustainable commercial future for the 160-year-old precinct.

Demolition is scheduled to commence in August 2026, immediately following the conclusion of the Ladbrokes Stradbroke Season.

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