Racing Australia’s CEO Peter McGauran has resigned and will not extend his contract when it’s up for renewal in December.

RA advises McGauran “has accepted a senior corporate position which will become public at a later date”.

McGauran has been in the CEO role at RA for more than four years.

“The Board joins me in thanking Peter for his hard work and dedication and in wishing him well in the future,” RA chairman John Messara said.

“I especially have worked closely with Peter and well know the commitment he brought to a difficult role.

“The Board will consider a replacement process at its September board meeting.”