Min Kyung-sun, a preliminary candidate for Goyang mayor from the Democratic Party of Korea, has proposed a "citizen-benefit development model" for attracting the relocation of Gwacheon Racecourse, emphasizing execution-focused administration.
Regarding the competition among some cities and counties in Gyeonggi Province and their candidates to host the racetrack, Min stated, "Administration has had many announcements and plans, but there has been a lack of results that citizens can actually feel." He added, "It's time to end show-off administration and prove ourselves with results that citizens can experience," expressing strong determination to deliver.
On Goyang City's expression of interest in hosting the racetrack, Min pointed out, "The direction is right, but there are no visible specific fiscal effects or citizen benefit designs." He emphasized, "Moving one institution doesn't change a city. It must be designed so that actual benefits go to citizens."
Annual Tax Revenue of 50 Billion Won... "A Mayor Who Changes Citizens' Lives"
Min's core proposal is a "citizen-benefit development model." The plan encompasses securing hundreds of billions of won in annual tax revenue, reinvestment in welfare, job creation, and development of eco-friendly civic parks. Min stated, "I will create a virtuous cycle where racetrack revenues lead to improved quality of life for citizens."
Spatially, he presented a vision to establish the metropolitan area's largest equine industry and tourism cluster by linking the Korea Racing Authority's Wondang Stud Farm with existing cultural infrastructure and KINTEX. He said the project would build social consensus through sufficient opinion-gathering procedures, including public hearings.
Min declared, "I will be a mayor who produces results, not one who just announces what Goyang needs," adding, "I will be a mayor who works like Lee Jae-myung and changes citizens' lives."
Meanwhile, the Korea Racing Authority reportedly pays an annual average of 49.6 billion won in taxes to Gwacheon City. Beyond local taxes, approximately 6 to 7 billion won—3% of the leisure tax the Authority pays to Gyeonggi Province—goes to the host municipality's revenue, creating an expected fiscal impact exceeding 50 billion won annually. The relocation would also bring massive regional economic ripple effects from more than 4 million visitors.