it’s the Keith Adams Stand
at (what was) the Harold Park Paceway, Sydney, New South Wales.
It was located in Glebe and was originally called “Forest Lodge”,
then “Epping”, until it was renamed Harold Park in March 1929.

If you “google” grandstand Sydney last race 2010 the “Wikipedia”
article titled “Harold Park Paceway” is the seventh “result”.
Then if you google Harold Park Paceway images the first photo (at top
left of the page) is of the stand and if you click on the photo the name
“Keith Adams Stand” is visible.
More info at; http://www.mobilerolling.com/harold-park.html