CAYMANAS Park is set to undergo major refurbishing works within months after operators of the horse-racing facility, Supreme Ventures Racing and Entertainment Limited (SVREL), this week started a process of approval through government-owned Caymanas Track Limited (CTL) from whom the 196-acre property was acquired on a 30-year lease in 1997.Among the proposed works, estimated at $70 million, is rehabilitation of the property’s older well, resurfacing of the racetrack and restoration of the equine pool.