Racing NSW chief executive Peter V’landis says betting turnover is one of a number of factors in considering whether to move the world’s richest race to grass to avoid a swampy track

Racing NSW chief executive Peter V’landis insists a decision on whether Everest will be rescheduled will be a multi-judgment decision as bottomless Royal Randwick finally prepares for a weather postponement.

Racing NSW and the Australian Turf Club will be working on The Everest day programming earlier this week after being forced to cancel the remaining four races of Saturday’s Silver Eagle program due to deteriorating conditions.

The course was one of the most demanding in recent memory after a week of heavy rain in Sydney, with horses lined up close to the eight-metre rail and high speed virtually the only chance of victory.

The railway will return to its original position this week, but there have been suggestions that officials will consider programming a $15 million sprint to the start of the Everest meeting to provide better coverage for the world’s best sprinters.

Everest is traditionally held as the seventh race after the Kosciuszko Stakes and Sydney, a consolation event for sprinters who cannot make it to Everest.

“You have to balance everybody’s interests, and one of the considerations we have to balance is revenue maximization,” V’landis said.

“You can’t pay $15 million in prize money if it’s the second or third race because it won’t generate investment. We’ll keep an eye on the weather and if it’s good all week we won’t need it [move The Everest]. We will consult with the trainers and jockeys before making a decision.”

The Silver Eagle and Angst Stakes have been added to the Everest meeting after failing to run on Saturday. They are probably inserted into the front half of the card.