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Home / Sport / Racing

Horse racing: NZ Thoroughbred Racing appoint Matt Ballesty as new CEO

NZ Herald
5 Feb, 2025 04:41 AM3 mins to read

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New Zealand Thoroughbred Racing's new chief executive Matt Ballesty (right) at the Warriors season launch in 2019. Photo / Norrie Montgomery

New Zealand Thoroughbred Racing's new chief executive Matt Ballesty (right) at the Warriors season launch in 2019. Photo / Norrie Montgomery

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New Zealand Thoroughbred Racing has a new chief executive, with Matt Ballesty appointed to the role and set to start days out from the richest race meeting in New Zealand history.

NZTR confirmed Ballesty’s appointment on Wednesday and he will start the role on March 5, three days before the $9 million Champions Day meeting at Ellerslie.

Ballesty is a highly respected senior executive who has more than 30 years of experience in high-performance leadership as well as strategic commercial development and execution.

“This is a homecoming,” said Ballesty of taking on the new role.

“I’ve been passionate about racing for a long time as both an enthusiast and an owner and I can’t wait to get stuck into the hard work of further developing thoroughbred racing in New Zealand.”

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Ballesty has a significant commercial career, and although a New Zealand-Australian citizen, he has held a number of senior executive roles internationally across Australia, Macau and Canada.

He has also undertaken studies at the New Zealand Institute of Directors and was a board member with Heart of the City Auckland.

NZTR chairman Russell Warwick said Ballesty’s unique skill set makes him ideal to lead the organisation.

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“The racing industry is going through a period of significant change and Matt is the perfect candidate to ensure that every person contributing to the industry continues to play a key role in the future,” Warwick said.

“This appointment is about securing the legacy of the racing industry in the long term. We could not be happier to have someone of Matt’s calibre holding the reins at this critical point.”

In addition to his corporate background, Ballesty has also demonstrated his strength in connecting key stakeholders across every part of the businesses he has worked in.

“The success of the racing industry has always been built on the hard work done at a grassroots level by generations of Kiwis,” said Ballesty.

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“What excites me most is the opportunity to meet the people around the country who contribute to making the racing industry what it is today. Everyone from the breeders, trainers, owners and jockeys, right through to the clubs, play a critical role in creating a vibrant community and sport that continues to excel on the global stage.”

The arrival of Ballesty was also welcomed by Dean Shannon, chief executive for Entain Australia and New Zealand, a key strategic partner for NZTR.

“Matt is a genuinely good human who’s fully committed to ensuring that the racing industry reaches its full potential in New Zealand,” said Shannon.

“We can’t wait to see what he brings to the table in the coming years.”

– LOVERACING.NZ News Desk

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