The Trangie Gold Cup is one of many 'non-essential' racing events that will no longer feature in the 2020 racing calendar as the country attempts to battle the COVID-19 outbreak.
Trangie Jockey Club President Andy Mckinnon said that everyone at the club was 'disappointed' when the event was abandoned mid-afternoon on Monday, with confirmation from Racing NSW following on Tuesday.
While the government has instituted preventive measures concerning events with a total of 500 people in attendance, Mckinnon said that discussions around what the exact cut-off point should be had 'constantly changing goal posts'.
"It's been changing a lot," Mckinnon said.
"The situation at the moment is that we were advisied that non-essential community events, irrespective of numbers, were not recommended to go ahead."
While some TAB meetings such as the Wellington Boot will hold events with everyone but non-essential personnel barred, Mckinnon said such measures didn't make sense for smaller country meetings and picnic races.
"We had no option but to cancel," Mckinnon said.
"Without any patrons coming to our meeting and supporting us, there's no way we'd be able to cover the costs, we rely on the gate money and bar turnover to make up the difference.
"We just can't afford to race and take that kind of hit, it's just not a sensible business decision."
Races at Grenfell, Cootamundra and Bourke are among those that have been called off under the current conditions.
While Mckinnon said he felt for trainers whose horses aren't fit for TAB Meetings, especially in light of the flood of cancellations due to rain and heat at the end of last year, he also said that there wasn't much smaller clubs could do.
"I'm hoping it's a short term situation and I feel for everyone," Mckinnon said.
"In the future, it might have to be up to Racing NSW to step in and help us out further with the costs for running these events in a shorter format."
In a statement released on Tuesday, New South Wales Picnic Racing Association President Craig Tyack said there was no indication yet of when circumstances would change.
"We have been given no indication on when it will change, nobody knows anything," Tyack said.
"Trainers might have to turn their horses out, I've turned mine out."
While there's no telling when conditions will clear to the point where normal racing schedules can resume, Mckinnon said he would be looking to reschedule the Gold Cup for next year.