Betsy
  • Home
  • Tipping Hub
  • News
  • Odds
  • Podcasts
  • Racing
No Result
View All Result
  • Expert Tips
  • The Championships
  • New Zealand
  • SA Carnival
  • The Trial Files
  • Tasmanian Carnival
  • Greyhound Racing
Betsy
  • Home
  • Tipping Hub
  • News
  • Odds
  • Podcasts
  • Racing
No Result
View All Result
  • Login
Betsy
No Result
View All Result
  • Expert Tips
  • The Championships
  • New Zealand
  • SA Carnival
  • The Trial Files
  • Tasmanian Carnival
  • Greyhound Racing
Back
Stakes-winning mare Sirileo Miss is the highest-profile horse to return a positive to Formestane. (Photo by Scott Barbour/Racing Photos)

Stakes-winning mare Sirileo Miss is the highest-profile horse to return a positive to Formestane. (Photo by Scott Barbour/Racing Photos)

Disqualified, devalued and in limbo: Owners hit hardest in drug saga

Owners of horses disqualified over Formestane positives face lost prizemoney, 12-month bans and major drops in breeding value.

James Tzaferis by James Tzaferis
February 15, 2026
in News
Reading Time: 2 mins read
A A
Share on FacebookShare on Twitter

Owners of disqualified horses that returned positive swabs to Formestane and 4-Hydroxytesterone are the big losers in an expanding saga that threatens to disrupt Victorian racing.

In one case, a potential broodmare had her value slashed by $400,000 after being caught up in the fiasco, despite Racing Victoria now admitting any substances detected were not deliberately administered. Other owners watched the careers of their runners essentially end despite no fault of their own, or their trainers.

At least 24 thoroughbred and standardbred horses in Victoria, South Australia and Tasmania have returned post-race urine samples containing traces of the banned substances since they were first detected at Victoria’s RASL lab in February 2023.

All trainers have denied administering the substances and Racing Victoria has not been able to determine the source, with the process leaving owners in the dark about the status of their horses.

While the first five trainers charged by Racing Victoria have spent more than $100,000 on legal costs in a bid to fight the charges and clear their name in a case that remains before the Victorian Racing Tribunal, the cost to their owners has also been significant.

Under the Australian Rules of Racing, thoroughbreds that test positive to anabolic steroids like 4-Hydroxytestoterone are banned from racing for 12 months from the positive swab.

The horses that were banned include Symon Wilde’s multiple Stakes winner Sirileo Miss, who returned a positive after her win in the G3 Matron Stakes at Flemington.

She won the G2 Sunline Stakes and ran unplaced in the G1 Queen of the Turf Stakes in Sydney in the following weeks before the test was confirmed.

She was disqualified from the Matron Stakes and stood down from racing following the positive swab.

The daughter of Pride Of Dubai returned to race after the ban lapsed in 2024 but ran unplaced in five of her six starts and was retired shortly after as a seven-year-old mare.

During a five-day hearing into the charges against Wilde and four other trainers at the Victorian Racing Tribunal in December, evidence was tabled that, as well as potential loss of prizemoney during the ban, Sirileo Miss’ broodmare value was slashed.

Having initially been valued at $800,000 by auction house Inglis, the mare sold for $400,000 at the 2025 Inglis Chairman’s Sale.

Julius Sandhu’s horse Alphaville returned a positive swab at his first and only metropolitan win at The Valley in February 2023.

The gelding never raced after his 12-month ban expired.

Lake Tai won three of his four starts for unheralded trainer Smiley Chan before his positive swab was confirmed and he was stood down from racing for 12 months.

The gelding finished last in his only two starts after returning to the track.

The 12-month disqualification also effectively ended the career of Amy and Ash Yargi’s gelding Yulara who, after 12 months on the sidelines, returned to racing and finished unplaced in nine starts.

Patrick Payne’s horse Hard To Cross has appeared to buck the trend.

The gelding returned positive swabs after two of his wins during a hot run of form in mid-2024 and was banned from racing until May 2025.

In eight starts since returning to the track, Hard To Cross defeated subsequent G1 winner Globe at The Valley and ran second in the Mildura Cup and Ballarat’s Gold Nugget.

Tags: Formestane
James Tzaferis

James Tzaferis

A prominent voice in Australian racing media, bringing together sharp reporting, storytelling depth, and a heartfelt personal connection to the sport. Well connected and a passionate racing figure, he stands out as both a media personality and a hands-on participant in the industry.

Related Stories

Beaten Jockeys break down TJ Smith as Joliestar delivers at Randwick
News

Beaten Jockeys break down TJ Smith as Joliestar delivers at Randwick

April 4, 2026
Inside the Inglis Sires’: What the beaten jockeys had to say
News

Inside the Inglis Sires’: What the beaten jockeys had to say

April 4, 2026
The Championships Day 1 Tips: Dean Watling’s Randwick best bets and full preview
NSW Tips

The Championships Day 1 Tips: Dean Watling’s Randwick best bets and full preview

April 4, 2026
Oakbank Ready to Roar: Mitch Lewis’ full preview & best bets
SA Carnival

Oakbank Ready to Roar: Mitch Lewis’ full preview & best bets

April 4, 2026
Next Post
Inside the Inglis Sires’: What the beaten jockeys had to say

Inside the Inglis Sires’: What the beaten jockeys had to say

Useful Links
News
Expert Tips
Analysis
The Trial Files
Podcasts
Support
About Betsy
Contact us
FAQ
Tools
Odds Comparison
betsy_logo_web2
Subscribe to our newsletter
Stay up to date with the latest racing news!
Please wait...

Thank you for subscribing!

betsy_logo_web2
Privacy Policy      Terms & Conditions
Copyright © 2025 Betsy Australia Pty Ltd | All Rights Reserved

Welcome Back!

OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • News
  • Tipping Hub
  • Expert Tips
  • Odds
  • Feature Races
  • Subscribe

© 2026 JNews - Premium WordPress news & magazine theme by Jegtheme.