She’s one of Australia’s most powerful women – but this household name proves she’s just like every other Aussie in summer as she has a ball on the beach

She is best known as the ‘First Lady’ of Australian horse racing.

But despite being one of the most powerful women in the country, Gai Waterhouse has proven she’s just like any other Australian when it comes to enjoying the summer.

The 70-year-old was spotted soaking up the sun during a fun day at Balmoral Beach in Sydney on Friday.

Gai looked quite colorful as she arrived at the popular beach in a brightly patterned robe.

She then took off the statement piece, revealing her teal one-piece swimsuit.

Gai smartly stepped out in the sun for her beach outing, wearing a white Panama hat adorned with a bold red ribbon.

Despite being one of the most powerful women in the country, Gai Waterhouse has proven that she’s just like any other Australian when it comes to enjoying the summer

She completed her outfit with cat-eye sunglasses with a subtle pattern on the frame and a blue and white towel.

Gai was eager to pull up her heels as she worked on her tan while leaning back on a large bouncy castle.

She was seen grinning as she laid on the comfy chair as she relaxed in the sand.

The horse trainer playfully kicked her feet in the air, possibly to prevent the water from flowing onto the shore.

Gai is the daughter of legendary thoroughbred racehorse trainer Tommy Smith, and there’s no denying that she knows horses.

Horses trained by the racing icon over the past decade have won more than $194 million in prize money.

She has a formidable record and has trained an impressive 145 Group 1 winners, including a Melbourne Cup, a Caulfield Cup and seven Golden Slippers.

The Waterhouse dynasty, which includes Gai and husband Robbie and their children Tom and Kate, also has a property portfolio of more than $200 million, according to the sources. real estate.com.au.

The 70-year-old was spotted soaking up the sun during a fun day at Sydney's Balmoral Beach on Friday

The 70-year-old was spotted soaking up the sun during a fun day at Sydney’s Balmoral Beach on Friday

Gai was eager to pull up her heels as she worked on her tan while leaning back on a large bouncy castle

Gai was eager to pull up her heels as she worked on her tan while leaning back on a large bouncy castle

The eye-catching real estate portfolio also generates as much as $400,000 in rental income for the family annually, the release said.

Ahead of this year’s Melbourne Cup, Gai warned that young people are viewing race days as nothing more than an opportunity to have drinks with their friends.

‘I think [younger people are] poorly trained and they come for the wrong thing,” she said on Melbourne radio station 3AW in October.

“They come for the party and they don’t really learn about the horses or to make a bet.”

Her comments come after police arrested 24 people and expelled 30 others from the Caulfield Cup on October 19, while a large number of underage drinkers were also arrested.

Gai said while 26,000 people, mainly under 35, had gathered for the Caulfield Cup, the majority of young people attended just one race a year.

The racing doyen said more needed to be done at membership level to encourage the next generation to attend multiple days of racing a year.

“It’s more like you want them to come back next week, and the week after that, and the week after that [that]she said.

Gai is the daughter of legendary thoroughbred racehorse trainer Tommy Smith, and horses trained by the racing icon over the past decade have won more than $194 million in prize money.

Gai is the daughter of legendary thoroughbred racehorse trainer Tommy Smith, and horses trained by the racing icon over the past decade have won more than $194 million in prize money.

‘I think the most important thing is to get them to join a club. I believe that membership should be very affordable for young people.’

“If you go to the races, you shouldn’t have to pay. Because you don’t pay to go to a cafe where you can watch the races. So why pay to go to Mooney Valley?

‘I think you should pay on the big days, those who want to become members. But I think I’ll go to the public [areas]it should just be free.”

“You should be able to walk onto the job, any job, and you don’t have to pay.”

“Everything is too expensive, the drinks are too expensive, it’s not the real world,” she said.