CARRATHOOL Jockey Club officials have vowed the show will go on after they took the unprecedented step of postponing the iconic race meeting on Saturday, as a result of a freak storm that turned the track and surrounds into a quagmire.

It is the first time in the race meeting's 127-year history that on-track action has not happened on the designated day, emphasising how historic the decision was not to race.

Despite being confident of getting another date to race within the next month, the postponement is a bitter blow for the small jockey club, which has suffered terrible luck in recent years.

All horse movement was banned three years ago due to equine influenza, last year scorching temperatures kept punters and some trainers away and this year's deluge, which saw 75 millimetres of rain dumped in a few hours, is another blow the club can't afford to take according to president Mick Armstrong.

"Our advertising will be the main thing that will hurt us, but if we didn't have it (race meeting), the community groups that make a bit of money, like the school P&C, would miss out so they need it to go ahead as much as us," Armstrong said.

"We had a disaster last year when we lost money, so we don't want to call it off, so we've put in a couple of preferred dates with Racing NSW so hopefully they'll look at it tomorrow (today) and they'll say yay or nay.

"We had in mind early March, we swapped around our preferences to look at around the 13th, the 20th and the 6th of March and then the 27th of February."

Armstrong said he did not take the decision lightly to pull the pin on a meeting that has seen its fair share of bad weather in the past.

"We ended up there (at the track) after our meeting and we got bogged as we tried to get in, the road in was sloppy and when we drove into the licence area the ute probably sank three inches, so you wouldn't have got a truck in there with horses or alcohol," Armstrong said.

"So just as well we didn't go ahead with it because it would have been a disaster."

Making it easier for the committee to get another date to race is the fact it is a non-TAB meeting, however, Armstrong admitted the club will be out of pocket significantly in order to re-advertise the eventual replacement date with police involvement also looming as a likely headache for the committee.

"Another problem that we'll have is trying to get the police again, because they have their rosters done up three weeks in advance, because they said they had 30 rostered on for the weekend," he said.