Peter V'landys and Australian Turf Club bosses appear at Rosehill Racecourse inquiry

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Doubts have been raised about the $5 billion amount earmarked for the planned sale and major redevelopment of Sydney's Rosehill Racecourse into a mini-city with 25,000 homes, a subway station and an entertainment district.

During a parliamentary inquiry into the proposal on Friday, Australian Turf Club (ATC) chairman Peter McGauran and the group's head of membership and corporate affairs Steve McMahon faced tense questions about the as-yet unconfirmed plans, which were first proposed in December.

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