Australian music industry mogul Michael Gudinski has had his first win in the Melbourne Cup.
The Mushroom Records founder is the co-owner of Melbourne Cup winner Almandin with Sean Bartholomew, Rip Curl founder Brian Singer and Quiksilver founder Alan Green.
Michael Gudinski founded Mushroom Records in Melbourne in 1972. The first album he released was the triple live album of the 1973 Sunbury Pop Festival.
Mushroom gave the world Split Enz, Kylie Minogue and championed the template of Australian music with the solo career of Jimmy Barnes, Hunters & Collectors, Skyhooks and Kate Ceberano.
Gudinski’s companies include Frontier Touring, Liberation Music, Mushroom Pictures, and the Harbour and Premier agencies.
Almandin paid $11 for the win at the TAB.