Thoroughbred Breeders Victoria Announce Board Changes

Media Release - Friday September 18

At today's Board meeting, Thoroughbred Breeders Victoria (TBV) made some significant Board changes.

Advertisement

Board members Adam Sangster and Adam Tims have decided to pass the baton on to the next generation. 

After 15 years of service on the TBV Board, Adam Sangster, the principal of one of Victoria’s most prestigious farms, Swettenham Stud, has enjoyed the time he has spent helping shape Victoria’s Thoroughbred breeding industry. Adam was an integral part of the Board and in his time as a committee member, was passionate about being able to assist breeders to ensure Victoria continued to go from strength to strength.

James O’Brien – TBV President commented, “Adam has given over a decade of invaluable service to the Victorian breeding industry. He is enthusiastic, driven and passionate about the industry. While it will be sad to see him step back from the TBV Board, I know that he will continue to work to make sure that the Victorian industry continues to advance. I will also continue to seek his sage advice on a diverse range of matters.”

Additionally, after 12 years of service to TBV, Adam Tims will continue to serve the industry on a national capacity as the Treasurer of Thoroughbred Breeders Australia and Aushorse.

James O’Brien – TBV President commented, “Adam has given so much of his time which has extended to over a decade of tenure. I have enjoyed working with Adam in various capacities. His professionalism, communication and sound advice will be sadly missed. He would consistently deliver above and beyond our expectations. I cannot thank him enough for his service.”

Garry Cuddy – General Manager of Spendthrift Australia has been elected to the Board of TBV to fill the vacancy left by Adam Sangster.

Garry is the manager of one of the most exciting up and coming farms in Victoria. Garry has had a lifelong association with the industry.

Out of high school he secured a position as assistant to Vin Cox - current Managing Director of Darley Australia. Garry acquired extensive experience at Bloodstock.com.au before accepting the role as General Manager of Spendthrift Australia, six years ago. 

Garry is excited about the opportunity to be elected to the TBV Board commenting, “I am excited to be accepting the position on the TBV Board. I am passionate about the next generation of people coming through the industry and hope to assist in building upon the current momentum we have here in Victoria.”

Jason Brown – Manager of Stable Financial has been elected to the Board of TBV to fill the vacancy left by Adam Tims.

Jason who has worked at Stable Financial as a Manager for over 9 years, has a keen interest in horse racing and breeding. Jason graduated from Deakin University with a Bachelor of Commerce majoring in accounting and sports management. He has since completed his CPA and has over 14 years of experience in the accounting industry.

James O’Brien – TBV President commented, “I look forward to welcoming Garry and Jason to the TBV Board and their contributions. Both individuals bring a strong, diverse skill set that will complement the existing expertise on the Board. I have no doubt that they will continue to ensure that Victoria’s breeding will go from strength to strength in the years to come. It is always great to have young enthusiastic professionals join the TBV Board.”
 

News from TBV

Advertisment
More Reading...
Starting a Horse Business - FAQ's Revisit
As I return from yet another visit to the QLD Magic Million sales, it occurred to me that it has been too long since I shared my insights as to what a new industry player should be mindful of, tax wise, before they commence a horse breeding and/or racing business.
Irish Bred Camelot wins G3 Totara Lodge Trentham Stakes
Trentham has long been Michael and Matthew Pitman’s favourite track, and that sentiment was further enhanced on Saturday after they recorded a memorable double at the Upper Hutt track.
$270,000 Tagaloa Filly Tops Super Strong MM Book 2
A beautiful filly by Blue Diamond Stakes winner Tagaloa topped the final day of the 2026 Magic Millions Gold Coast Yearling Sale when selling for $270,000.
Mulcaster Finds First Winner for Portland Sky
A Group I winning son of champion sire Deep Field, Widden Stud’s Portland Sky put his first winner on the board at Ascot on Saturday with a dominant debut victory for talented filly Daryte, who was purchased by Guy Mulcaster.
NZB Unveil Stunning New Karaka Millions Trophies
 In the week of the iconic TAB Karaka Millions Raceday, where NZB graduates will take to the track for their share of $4.6m in stakes, NZB has unveiled new custom made trophies for winning connections of the $1m TAB Karaka Millions 2YO (1200m) and $1.5m TAB Karaka Millions 3YO (1600m) races.
2026 NZB KARAKA YEARLING SALE PREVIEW – Sky Thoroughbred Central this Monday
Caroline Searcy’s extensive preview of the Centenary New Zealand National Sale will premiere on Sky Thoroughbred Central Monday night at 7.30pm AEDST. This is a must watch chance to see over ten percent of the Book 1 catalogue and a some select Book 2 yearlings as well, ahead of sale ground inspections this week and the Sale’s commencement on Sunday January 25.
Geese That Lay Golden Eggs – What’s in the Future?
The 2026 Magic Millions Yearling Sale was highlighted by 15 yearlings that sold for $1million or more which was two more than last year when just 13 hit the magic mark, but still considerably down on 2024 which saw 23 millionaires sold following on from 20 in 2023.
Via Sistina Retired - Dubawi Her First Mating
Chris Waller has announced the retirement of Champion mare Via Sistina after returning for her autumn campaign not “her normal highly energetic self”.
Ones to Watch – Rosehill
In years to come when racing trivia nights are held, a question will be - what was the horse champion jockey Jett Newman rode in her first metropolitan race win?  And the answer is our One to Watch.
Haunui Farm Eyeing Next Karaka Chapter
Haunui Farm Managing Director Mark Chitty is eagerly looking forward to Karaka 2026 for a multitude of reasons.