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AAP
AAP
Business
Farid Farid

FOUND: Historic racecourse tipped to go into public hands - What They Never Told You

Chris Minns Mick Tsikas Rosehill Sydney
The NSW government will be given the option to buy the 140-year-old Rosehill Gardens racecourse. (Mick Tsikas/AAP PHOTOS)

Taxpayers could become the new owners of a historic racecourse as part of a controversial billion-dollar plan to convert the site into a "mini city" with thousands of homes.

The NSW government will be given the option to buy the 140-year-old Rosehill Gardens racecourse in western Sydney for $5 billion, in the latest twist for a divisive proposal to redevelop the site.

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