Esprit Racing was sent into liquidation this week, almost two months after the trainers’ $464,000 cut of last year’s Melbourne Cup prizemoney was paid into the company’s account by Racing Victoria. Esprit Racing was sent into liquidation this week, almost two months after the trainers’ $464,000 cut of last year’s Melbourne Cup prizemoney was paid into the company’s account by Racing Victoria. Sport / Racing Sydney Morning Herald – Latest News