The Australian racing community is in deep mourning following the death of revered industry identity Deane Lester, aged 54.

Deane, one of the most respected and astute form students in the game, passed away peacefully on Thursday night with his family by his side following a brief battle with cancer.

The news has sparked an outpouring of emotion in racing circles with RSN issuing a statement paying tribute to a “much-loved friend and colleague”.

“It is with great sadness we inform you of the passing of our much-loved friend and colleague Deane Lester,” the statement read.

“On behalf of the RSN Racing and Sport board and staff, we extend our deepest condolences to Deane’s mother Sandra and his partner Leanne.

Deane Lester at the track.

“As you may be aware, ‘Deano’ has experienced health issues throughout his entire life. He was born with Spina Bifida and from 2002 was aided by a mobility scooter.

“Despite this, Deane never complained, moving forward with courage and dignity. There was work to be done, winners to be found”

Courtesy Racenet.

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