The Warrnambool Racing Club hopes to be allowed to have patrons at the track for its Jericho Cup meet.
Club chief executive officer Tom O'Connor said owners were allowed back at the track this week, which had created a buzz.
He said staff at the club keenly watching the updates to the coronavirus restrictions from both the state government and Racing Victoria.
"We're interested to see where the Andrews government goes with restrictions on October 19," Mr O'Connor said.
The Jericho Cup, which has been held for the past two years, is one of the club's major race meetings.
Last year it was attended by about 3500 people, but the inclement weather no doubt kept some punters away, Mr O'Connor said.
"After having a wet day last year we were hopeful we would get a clear run this year but then COVID came along," he said.
"We would love to be able to get our sponsors and members on course to support the day."
Mr O'Connor said the club was lucky to have a lot of outdoor space, which may mean it can have a limited number of people at the track for the day.
"The one thing we have got is space so we're just monitoring the restrictions and preparing as best we can," he said.
The club was unable to have punters at the track for its biggest meet of the year, the May Racing Carnival due to the coronavirus pandemic. Premier Daniel Andrews will make an announcement about restrictions on Sunday.
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