The future of the 102-year-old Royal Turf Club of Thailand in Bangkok's Nang Loeng area is unknown after horses ran the last race on its fabled track Sunday, then closed, due to the expiry of the lease contract.
The RTC board members will meet this Saturday to decide whether to "come to an end or build a new one" outside Bangkok, RTC secretary-general Gen Vichaya Devahasdin Na Ayudhya said.
Another option is to continue the race at the Royal Bangkok Sports Club every week, he said.
That venue, located on the Henri Dunant Road, has so far alternated the RTC-run arena in entertaining the audience in a bi-weekly basis.
A source said Gen Watthanachai Chaimueanwong, who sits on the board, and other members want to continue the business though they need over one billion baht to build a new facility.
Gen Bunloet Kaeoprasit, RTC's chief of operation, reportedly said he plans to resign from the club though he felt "sorry" for its end.