The business of Anthony Cummings (son of horse racing legend, Bart) reportedly owes more than $2 million and has had his training company placed into liquidation.
The Cummings name is synonymous with horse racing in Australia, with the late Bart Cummings training a staggering 12 melbourne Cup winners, with a race now named after him at Flemington to go with his statue.
Anthony’s son, James Cummings, is also a very successful trainer. He runs the Godolphin stables in Australia and has a Cox Plate to his name, as well as a Blue Diamond, a Golden Rose and a swag of other prestigious races.
Know the news with the 7NEWS app: Download today 
However, a liquidator’s report (by insolvency business DW Advisory) has been submitted to the Australian Securities and Investments Commission, stating that Cummings’ RossCarbery Holdings business has collapsed with “$4.2 million claimed by unsecured creditors”.
It has been reported by The sydney Morning Herald that Anthony might be forced out of the family’s iconic Leilani Lodge stables where Bart trained some his famous Melbourne Cup winners.
With his business under administration, Racing NSW is investigating and the 68-year-old’s trainer’s licence is under threat.
