• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
FinanceSingapore
Asia

Singapore ends 181 years of horse racing to make way for homes

By
Low De Wei
Low De Wei
and
Bloomberg
Bloomberg
Down Arrow Button Icon
By
Low De Wei
Low De Wei
and
Bloomberg
Bloomberg
Down Arrow Button Icon
October 7, 2024, 7:39 AM ET
The main entrance of Kranji Racecourse, operated by the Singapore Turf Club, on May 25, 2019 in Singapore.
The main entrance of Kranji Racecourse, operated by the Singapore Turf Club, on May 25, 2019 in Singapore.Lo Chun Kit—Getty Images

More than 180 years of horse racing came to an end in Singapore on Saturday, as the Singapore Turf Club hosted its final race day before its track is handed back to the government to provide land for new homes.

Under an overcast sky, the air-conditioned VIP boxes were full of enthusiasts, socialites and expats, while the grounds and betting halls below hosted mostly older-generation punters. The sun broke through for the final race, the Grand Singapore Gold Cup.  

South African jockey Muzi Yeni, who rode the winner Smart Star, echoed a feeling of loss shared by many on the day. “I’d like the government to look at it, if I have much say,” he said in a post-race interview.

The site of more than 120 hectares (300 acres) is to be bulldozed for new public and private homes as the nation, smaller than New York City, tries to accommodate a growing population that crossed six million this year. The government has said that this is necessary to ensure “there is sufficient land for future generations.” After some preparation work, the site must be returned by early 2027.

While the decision to end horse racing in the city sent shock waves through the riding and training community when it was announced last year, the sport was already in decline. Spectatorship fell from a race-day average of 11,000 in 2010 to about 6,000 in 2019, before COVID cut attendance by more than half. On Saturday, about 10,000 turned up—a third of the stadium’s capacity.

Younger citizens have migrated to other sports and pastimes. Racing in the city is now dominated by the annual Formula 1 motor race, which in September attracted nearly 270,000 people to its three-day spectacle and concerts.

Horse racing on the island has always had to contend with the need for land. The Singapore Sporting Club was founded by Scottish merchant William Henry Macleod Read in 1842, when the nation was a British colony, and held its first competition the following year at Farrer Road, north of the city center. The event was such an occasion that it was declared a public holiday.

In 1911, the first flight from Singapore, piloted by Belgian aviator Joseph Christiaens, took off from the course, one of the few available areas of flat open land. 

Rubber Plantation

As the city grew and interest in the sport increased, the renamed Singapore Turf Club moved to a site further out after purchasing the Bukit Timah Rubber Estate. The new track opened in 1933 and remained the home of the club until 1999, when it was repurposed for other recreational sports. It has since been earmarked for more homes. 

Horse racing isn’t the only sport to succumb to the housing expansion. The last 18-hole public golf course closed earlier this year for redevelopment.

The Turf Club’s final home was built as a S$500 million ($384 million) state-of-the art facility, with air-conditioned booths, floodlighting for night races and a grandstand capable of hosting 30,000 spectators.

“Singapore was a world leader in horse racing” and the track was one of the best, said Tim Fitzsimmons, head trainer and director of Fitzsimmons Racing, who had more than 50 horses last year and is relocating back to Australia after coming to Singapore in 2007. “I don’t think it’ll ever come back.”

Many of the thousands who made the trip on Saturday were pensioners who had been coming to the races for decades. Chain-smoking punters cheering on the thoroughbreds, a wheelchair-bound woman chatting with her friends in a Chinese dialect, balding men scrutinizing crumpled sheets of newspaper for details on the horses: All gathered for this last hurrah.

“It is a nice and scenic place, but its glory days are over and it is too expensive to upkeep,” said Song Ya Jing, a 77-year-old part-time cook who was accompanying her husband for a last series of bets. “Maybe my children can live in the public housing one day.”

At the end of the day, a brief video montage on the main screen and small pyrotechnic display brought a modest end to nearly two centuries of horse racing in Singapore. Most of the audience was gone before the sun set below the 41 towering light masts. 

As the last stragglers took pictures amid discarded betting tickets, the screen flashed its final message: “THANK YOU.”

Join us at the Fortune Workplace Innovation Summit May 19–20, 2026, in Atlanta. The next era of workplace innovation is here—and the old playbook is being rewritten. At this exclusive, high-energy event, the world’s most innovative leaders will convene to explore how AI, humanity, and strategy converge to redefine, again, the future of work. Register now.
About the Authors
By Low De Wei
See full bioRight Arrow Button Icon
By Bloomberg
See full bioRight Arrow Button Icon

Latest in Finance

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Finance

Chinese court rules firms can’t lay off workers on AI grounds
AIChina
Chinese court rules firms can’t lay off workers on AI grounds
By Victor Swezey and BloombergMay 3, 2026
44 minutes ago
Iran has collected a ‘pittance’ of less than $1.3 million in Hormuz tolls, Bessent says, as currency dives to fresh record low
PoliticsIran
Iran has collected a ‘pittance’ of less than $1.3 million in Hormuz tolls, Bessent says, as currency dives to fresh record low
By Adam Schreck, Melanie Lidman and The Associated PressMay 3, 2026
53 minutes ago
Landlords who were barred from evicting tenants during COVID are in settlement talks with DOJ to recoup as much as $1.5 billion
Real EstateHousing
Landlords who were barred from evicting tenants during COVID are in settlement talks with DOJ to recoup as much as $1.5 billion
By Michael Casey and The Associated PressMay 3, 2026
1 hour ago
The dollar has fallen 10% under Trump. It helps big multinational companies but is a ‘hidden tax’ raising costs from vacations to groceries
North AmericaCurrency
The dollar has fallen 10% under Trump. It helps big multinational companies but is a ‘hidden tax’ raising costs from vacations to groceries
By Matt Sedensky and The Associated PressMay 3, 2026
2 hours ago
He started as a part-time Starbucks barista at 17. Now he’s an exec designing the menu
SuccessCareer Advice
He started as a part-time Starbucks barista at 17. Now he’s an exec designing the menu
By Orianna Rosa RoyleMay 3, 2026
3 hours ago
America’s twin scarcities: The 4-million-unit shortage in both housing and childcare is breaking families
Real EstateHousing
America’s twin scarcities: The 4-million-unit shortage in both housing and childcare is breaking families
By Sydney LakeMay 3, 2026
4 hours ago

Most Popular

Scott Bessent on financial literacy: 'it drives me crazy' to see young men in blue-collar construction jobs playing the lottery
Personal Finance
Scott Bessent on financial literacy: 'it drives me crazy' to see young men in blue-collar construction jobs playing the lottery
By Fatima Hussein and The Associated PressMay 1, 2026
2 days ago
Gen Z is rebelling against the economy with ‘disillusionomics,’ tackling near 6-figure debt by turning life into a giant list of income streams
Economy
Gen Z is rebelling against the economy with ‘disillusionomics,’ tackling near 6-figure debt by turning life into a giant list of income streams
By Jacqueline MunisMay 2, 2026
1 day ago
The American household just took an 81% margin cut. Wall Street hasn’t priced it in
Commentary
The American household just took an 81% margin cut. Wall Street hasn’t priced it in
By Katica RoyMay 2, 2026
1 day ago
America got rich and got sad. A top economist says 2020 broke something that hasn't healed
Economy
America got rich and got sad. A top economist says 2020 broke something that hasn't healed
By Nick LichtenbergMay 3, 2026
5 hours ago
Stop donating to Harvard and the Ivy League. There's a better option that MacKenzie Scott already figured out
Commentary
Stop donating to Harvard and the Ivy League. There's a better option that MacKenzie Scott already figured out
By Ed Smith-LewisMay 2, 2026
1 day ago
China dominates the world's lithium supply. The U.S. just found 328 years' worth in its own backyard
North America
China dominates the world's lithium supply. The U.S. just found 328 years' worth in its own backyard
By Jake AngeloApril 30, 2026
3 days ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.