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MEC Officials Promise to Keep Chipping Away at Debt

MEC Officials Promise to Keep Chipping Away at Debt

Magna Entertainment blamed the weak performance of its slots operation at Gulfstream Park Racing & Casino as a key to another in a series of poor financial quarters, as the company announced a $49.8 million net loss ending Sept. 30.

 Friday, November 02, 2007
English Champion Milk It Mick to Lone Oak Stud

English Champion Milk It Mick to Lone Oak Stud

Milk It Mick, an English champion at 2 and U.S. grade I winner, will enter stud at David Scott and Sarah Stoneham's Lone Oak Stud near Newmarket, England.

 Thursday, August 30, 2007

Major International Winner Milk It Mick Retired

Milk It Mick, an English champion at 2 and grade I winner at Santa Anita, has been retired from racing because of complications from an injury sustained in 2006

 Wednesday, May 30, 2007

Dixon Voters Turn Down Proposed Racetrack

Voters in the farm town of Dixon, Calif., turned down Magna Entertainment Corporation's proposed $250 million horse racing complex by less than 300 votes April 17.

 Wednesday, April 18, 2007

Grade I Winner Singhalese Retired

Grade I winner Singhalese has been retired from racing because of a slight tendon tear.

 Tuesday, January 30, 2007

More Hurdles Facing Dixon Downs Plan

It didn't take long for foes of the Dixon Downs racetrack in Northern California to attack plans for the $250 million Magna Entertainment project approved by the Dixon City Council on Oct. 23. Already, a citizen group has turned in petitions seeking a referendum to overturn the action, and on Nov. 21, the nearby city of Davis filed a lawsuit aimed at mitigating the development's impact on the region.

 Sunday, November 26, 2006

City Puts Dixon Downs Wish List On Table

City officials put their demands on the table Jan. 24 for Dixon Downs, Magna Entertainment's proposed state-of-the-art racetrack and training facility near Sacramento, Calif.

 Wednesday, January 25, 2006

Dixon Downs Meeting Sparsely Attended

After a public hearing attended by less than a dozen residents in Dixon, Calif. Thursday, Magna Entertainment Corporation was prepared to take the next major step for its proposed Dixon Downs racetrack – preparation of a draft environmental impact report.

 Saturday, January 31, 2004

Political Attack Impresses in Tropical Turf Handicap

Erdenheim Farm's Political Attack, a 4-year-old gelding trained by Michael Matz, turned in an impressive performance at Calder on Saturday to win the $100,000 Tropical Turf Handicap (gr. IIIT) by 1 1/2 lengths over Millennium Dragon.

 Saturday, December 06, 2003

Magna Takes Dixon Downs Plan to Residents

Taking another step in a lengthy approval process, Magna Entertainment publicly rolled out its detailed plans for Dixon Downs, a $250 million "dream track" prototype for the company's future development.

 Friday, October 10, 2003

Studies on Dixon Downs Proposal Set to Begin

Detailed studies for the proposed $250-million Dixon Downs in Northern California are set to begin now that Magna Entertainment Corp. has received approval from the Dixon City Council for an agreement to pay for consultants for the extensive reports.

 Friday, June 06, 2003

Magna Unveils Revisions for $250-Million Dixon Downs

Magna Entertainment Corp.'s plans for Dixon Downs, the company's ideal "racetrack of the future," are finally headed to the starting gate. On March 3, MEC submitted its detailed proposal for the $250-million project to the city of Dixon, located 19 miles west of Sacramento, Calif.

 Monday, March 03, 2003

Dixon Downs Plan About Ready for City Officials

Magna Entertainment Corp. expects to formally present project development plans for the proposed Dixon Downs in Northern California to the Dixon City Council by the end of the year.

 Wednesday, November 06, 2002

Official: Dixon Downs Plans Continue to Progress

Dixon Downs may not be on the fast track, but it's making steady progress toward ground-breaking. That's the report from the front lines in Dixon, the small California town 20 miles west of Sacramento where Magna Entertainment Corp. is hard at work developing a state-of-the-art racetrack.

 Wednesday, January 16, 2002

Magna to Unveil Plan for New Calif. Track

Magna officials will be the special guests at a community meeting Oct. 17 in Dixon, a town of about 15,000 located 19 miles west of Sacramento. Magna recently purchased 225 acres in Dixon for $6.3 million and has another 25-acre parcel in escrow.

 Monday, October 01, 2001

Magna Closes $6.3-Million Land Deal in NoCal

Without fanfare, Magna Entertainment completed its purchase of a Sacramento Valley site for a new home for its Bay Meadows Race Course. Magna closed a $6.3-million deal on 226 acres of freeway-side property in Dixon, located about 19 miles west of Sacramento on Interstate 80.

 Thursday, May 31, 2001