Grand Prairie (Texas) mayor Charles England signed an agreement on June 28 with Lone Star Park to grant the North Texas racetrack $2.9 million for facility improvements in order to host a future Breeders' Cup World Thoroughbred Championships.
The agreement was reached after the Grand Prairie Sports Facilities Development Corp. unanimously passed a resolution 7-0 on June 24 for England to authorize such a deal.
"This is yet another positive step toward making the Breeders' Cup World Thoroughbred Championships a reality for Lone Star Park and the city of Grand Prairie," said Corey Johnsen, president and general manager of Lone Star Park. "Last year, legislation was passed which earmarks up to $2 million from the state of Texas to fund improvements for a Breeders' Cup, so all necessary funding is in place."
Lone Star Park's capital improvement plan will enable the racetrack to expand its seating capacity from approximately 10,000 to more than 50,000. Capital improvements to the five-year-old facility could begin as early as this fall.
Last September, Breeders' Cup Ltd. Added Lone Star Park to a conditional rotation schedule for future Breeders' Cup World Thoroughbred Championships. Lone Star Park was regarded as a likely host for the event in 2005, but recent reports have suggested that the date could move to 2004.