Murphy Resigns as Gulfstream President, GM

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"I’d like to thank Magna Entertainment Corp. and Frank Stronach for the opportunity, and honor, of working with an incredible staff and with the greatest horsemen and jockeys in the world," Murphy said. "I can’t say enough about the employees here. They successfully ran a business through the five years that this property was under constant construction. They put a great deal of pride into their work and I am very proud of my association with them."

Murphy started at Gulfstream in June 2006 as a vice president in charge of racing and in January 2007 was made president and general manager.

Greg Rayburn, Magna Entertainment Corp.’s chief rxecutive officer stated: "I would personally like to thank Bill for his contributions to Gulfstream Park and MEC over the years. He was instrumental in keeping Gulfstream Park the premier track for winter racing on the East Coast following our rebuild.

"We look forward to building on the solid foundation Bill helped establish as we look to the opening of the Village at Gulfstream Park and a new racing season."

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