Racing in Canberra is bracing for a changing of the guard after Canberra Racing Club boss Peter Stubbs announced his intention to retire this year.
Stubbs will retire effective from October 16, which coincides with the club's annual general meeting where a new boss could be announced.
Stubbs had a major impact on racing in the capital and says his highlights include completing $13.5 million in capital works, the increase of prize money, the strengthening of feature races, and decade-high club membership numbers.
“My tenure as chief executive of Canberra Racing Club has been a highly rewarding and enjoyable experience," Stubbs said.
"It has been an absolute privilege to have been able to work for such a great Club in an industry that I have been passionate about for most of my life.