The multi-million dollar Queensland racing industry will undergo major reforms following the Liberal National Party's landslide win in the state election.Brisbane Racing Club chairman Kevin Dixon says the promised changes to the administration of racing will benefit the industry."We're heading for a new era of transparency and accountability in the state now we have a new government," Dixon said.Dixon has been BRC chairman since the merger of Brisbane's two former metropolitan clubs, the Queensl

The multi-million dollar Queensland racing industry will undergo major reforms following the Liberal National Party's landslide win in the state election.

Brisbane Racing Club chairman Kevin Dixon says the promised changes to the administration of racing will benefit the industry.

"We're heading for a new era of transparency and accountability in the state now we have a new government," Dixon said.

Dixon has been BRC chairman since the merger of Brisbane's two former metropolitan clubs, the Queensland Turf Club and Brisbane Turf Club three years ago.

During his time as BRC chairman, the prominent breeder and owner has been at loggerheads with Racing Queensland Limited boss Bob Bentley whose days as chairman of the governing body are now numbered.

During his period in charge of RQL, Bentley has floated several failed plans to shut down Eagle Farm and Doomben and build tracks at locations such as Palm Meadows and Wacol.

He also caused a storm of protest from race clubs with plans to share equity in track facilities in return for capital work improvements.

Under Bentley's leadership and following amendments to the Racing Act, RQL took control of all three racing codes - thoroughbred, harness and greyhounds.

The new government plans to abolish the RQL model and replace it with boards for each of the three codes which will sit under the Queensland All Codes Racing Industry Board.

"It will be an all code racing board which will have three sub committees," Dixon said.

"The chairman of each code will sit on the all code body."

Dixon has been rumoured to take up the position as an interim chairman of the incoming control body in Queensland.

However, Dixon was reluctant to commit himself to the role as his preferred plan was to remain as BRC chairman.

"The first thing the LNP plans to do is appoint an administrative advisory committee," Dixon said.

"It will begin a transition policy to a new process to establish a new board."

The new government is committed to a $5 million prizemoney boost to the three racing codes across two years.

The last prizemoney increase in Queensland was in 2005.