If the majority of Ellerslie members also vote yes to the merger on Thursday it will clear the way for the formation of Auckland Thoroughbred Racing Incorporated, a new club which will control both Ellerslie and Pukekohe tracks and the assets of the two clubs as they stand now.
ATRI will also work with the Avondale Jockey Club to see the best use of what stands as the three club's assets to drive real, substantial and sustainable change in northern racing.
That is almost certain to include installing a new StrathAyr track at Ellerslie, the sale of the famous Ellerslie steeplechase hill and realising other assets to build an investment fund of between $200million and $250million.
All going well that could see the average race stake at Ellerslie edge toward $100,000 for Saturday races in coming years, finally putting at least one track in New Zealand back on some sort of stakes parity with Australia's major states.
That will be crucial in retaining not only elite trainers, jockeys and staff but also keeping more New Zealand-bred horses here and revitalising the breeding and sales industries.
"If the merger is confirmed on Thursday it will be a game-changer and the beginning of an exciting new chapter for our industry," said Chitty.
If the merger is approved at Thursday's meeting Auckland Thoroughbred Racing Incorporated will come into existence on the first day of the new racing season, August 1.