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The first two foals by five-time grade I winner Congaree were born in Central Kentucky Jan. 9.
Monday, January 09, 2006Frank Stronach's homebred I'm the Tiger pounced on the lead for jockey Jerry Bailey and left his 13 foes well behind in the stretch en route to a surprisingly easy victory in the $300,000 Frank J. DeFrancis Memorial Dash (gr. I) at Laurel Park Saturday.
Saturday, November 19, 2005Frank Stronach's Adena Springs Farm has formulated two breeders incentive programs for the 2006 season.
Monday, November 14, 2005Young mares in foal to young stallions were on display at the Adena Springs annual broodmare sale Thursday evening at Fasig-Tipton's Newtown Paddocks in Lexington, Ky.
Friday, November 11, 2005Magna Entertainment Corp. chairman Frank Stronach provided shelter at the Palm Meadows Training Center for 212 Gulf Coast evacuees on Sept. 4, six days after Hurricane Katrina devastated the region. Friday he made good on his promise to provide shelter a lot closer to their homes.
Friday, November 04, 2005Veterinarian George Mundy has been hired as general manager of Adena Springs, the Kentucky division of Frank Stronach's 2000 and 2004 Eclipse Award-winning breeding operation.
Friday, November 04, 2005Magna Entertainment Corp. and Forest City Enterprises have entered into a partnership on the proposed Village at Gulfstream Park, a retail, entertainment, and residential development that will dovetail with racing and gaming operations at the Hallandale Beach, Fla., racetrack.
Saturday, October 22, 2005Four years ago, when he was the farm trainer for Frank Stronach at Adena Springs South near Ocala, Fla., Danny Vella had the satisfaction of seeing former pupils Perfect Sting and Macho Uno win Breeders' Cup races. At this year's Breeders' Cup World Thoroughbred Championships, Vella is seeking an even bigger thrill--training a winner of his own.
Friday, October 21, 2005Former Magna Entertainment Corp. chief executive officer Jim McAlpine has retired from the company.
Wednesday, October 19, 2005Five years after Frank Stronach first pitched his dream of Dixon Downs, Magna Entertainment's model racing and entertainment complex in Northern California reached a significant milestone Sept. 23 with the release of the draft environmental impact report.
Saturday, September 24, 2005With 2006 a little more than three months away, the National Thoroughbred Racing Association continues to push for membership renewals and seek new members in advance of its annual meeting, scheduled for Oct. 10-12 in Lexington.
Tuesday, September 20, 2005North Light, an English champion and classic winner, will enter stud at Frank Stronach's Adena Springs Farm near Midway, Ky.
Friday, September 16, 2005A field of 10 horses has been drawn for Saturday's Kentucky Cup Classic at Turfway Park. Won last year by Roses in May, this year's event features grade II winner Grand Reward as the 122-pound highweight--and a new Polytrack surface.
Thursday, September 15, 2005Ghostzapper, last year's Horse of the Year after winning the Breeders' Cup Classic – Powered by Dodge (gr. I) in track-record time, will begin his stallion career for a fee of $200,000 at Frank Stronach's Adena Springs Farm near Midway, Ky.
Monday, September 12, 2005Frank Stronach of Adena Springs and Eugene and Laura Melnyk were the big winners during the Thoroughbred Owners and Breeders Association's national awards dinner Friday night at the Kentucky Horse Park near Lexington.
Friday, September 09, 2005Adena Springs and the University of Guelph in Ontario, Canada have entered into discussions to build an equine veterinary clinic at Adena Springs North near Aurora. The clinic will be designed to provide equine healthcare and advanced diagnostic performance services to Canada's equine industry.
Wednesday, August 31, 2005Frank Stronach's Adena Springs has bought a majority interest in the breeding rights of Kentucky Derby (gr. I) winner Giacomo from the colt's owners, Jerome and Ann Moss.
Friday, June 17, 2005Jess Jackson, who, along with his family, founded the famous Kendall-Jackson winery, said shortly after the May 30 Metropolitan Handicap that he has purchased one-third interest in 2004 Horse of the Year Ghostzapper, who romped by 6 1/4 lengths in the Met Mile in his 2005 debut.
Tuesday, May 31, 2005Reigning Horse of the Year Ghostzapper made a triumphant return to the races Monday, cruising to the lead entering the turn and easily winning the $750,000 Metropolitan Handicap (gr. I) at Belmont Park.
Monday, May 30, 2005By Ray Paulick - Conglomerate ownership was designed to bring economies of scale to the racetrack segment of the industry. Statistical evidence, along with unconfirmed reports that Hollywood Park may be sold to developers, suggests it hasn't worked very well in Southern California.
Tuesday, April 26, 2005Primarily, the 2000 Canadian Broodmare of the Year, died March 30 in a field from injuries sustained in a fall at Frank Stronach's Adena Springs near Versailles, Ky.
Tuesday, April 12, 2005A top official at Magna Entertainment Corp. acknowledged the racetrack company's substantial debt but said he sees signs of a turnaround, perhaps sometime in 2006.
Tuesday, April 12, 2005Based on the recommendations of a special committee of independent directors, the board of Magna Developments has come out against proposals from Greenlight Capital Inc.
Monday, April 04, 2005A 1999 "forbearance agreement" that prevents Magna International from investing in operations such as Magna Entertainment Corp. won't be renewed next year, Magna chairman Frank Stronach told the Toronto Globe and Mail newspaper.
Thursday, March 24, 2005A son of Golden Missile established a new record price for the Adena Springs 2-year-olds in training sale when bloodstock agent Mike Ryan went to $500,000 to purchase the colt during the March 21 auction.
Tuesday, March 22, 2005Paul Cellucci, who formerly served as governor of Massachusetts and United States ambassador to Canada, is the new executive vice president of corporate development for Magna Entertainment Corp. beginning May 1.
Friday, March 18, 2005Horse of the Year Ghostzapper, owned by Stronach Stables and conditioned by Bobby Frankel, worked five furlongs handily in 1:01.80 at Palm Meadows Wednesday.
Wednesday, March 02, 2005Frank Stronach could not have asked for anything more Oct. 30. The Breeders' Cup World Thoroughbred Championships was being held at Lone Star Park, owned by Stronach's Magna Entertainment Corp.
Tuesday, January 25, 2005The first reported foals by grade I winners Milwaukee Brew and Sligo Bay arrived the first part of January.
Monday, January 24, 2005The Sunshine Millions, matching California-breds against Florida-breds, will be renewed Saturday, Jan. 29 with eight races worth a combined $3.6 million.
Friday, January 21, 2005The first reported foal sired by champion Macho Uno is a filly born Jan. 11 at Frank Stronach's Adena Springs South near Ocala, Fla.
Thursday, January 20, 2005By Ray Paulick - The execution of Magna's vision has been difficult given its isolationist philosophy.
Tuesday, December 14, 2004Magna Entertainment Corp. chief executive officer Jim McAlpine Nov. 3 acknowledged the company's substantial third-quarter loss and said it would re-examine its strategy and direction moving forward.
Wednesday, November 03, 2004The Aurora, Ontario-based Magna Entertainment Corp., one of North America's leading owners of major horseracing tracks, announced Tuesday that its third quarter losses reached $50.3 million.
Tuesday, November 02, 2004When you're hot, you're hot, and Frank Stronach knows that as well as anyone. Two days after his stallion Awesome Again was represented by two Breeders' Cup winners, Stronach announced that Awesome Again's fee was raised to $125,000.
Monday, November 01, 2004Magna Entertainment Corp. announced on Wednesday that Ron Charles, former chairman of the Thoroughbred Owners of California, has been selected to assume the executive directorship of MEC California effective Nov. 1.
Thursday, October 28, 2004By Ray Paulick -- This is supposed to be the time of year when the racing world starts talking Saratoga and Del Mar, and the search begins for the hot 2-year-olds who look like they could be Triple Crown prospects 10 months from now.
Tuesday, July 20, 2004Magna Entertainment Corp.'s HorseRacing TV will now be carried on DISH network, beginning July 15. HRTV features television coverage of 13 racetracks owned, operated or managed by MEC.
Tuesday, July 13, 2004Janice and Robert McNair of Stonerside Stable will stand their multiple grade I winner Congaree in 2005 at Frank Stronach's Adena Springs near Midway, Ky.
Thursday, July 01, 2004Millionaire Running Stag and Irish group winner Bernstein were represented by their first winners June 5
Sunday, June 06, 2004By Ray Paulick -- Somewhere at the Aurora, Canada, corporate headquarters where Frank Stronach sits atop his Magna International and Magna Entertainment Corp. empire, there is a warehouse filled with architectural drawings and miniature models for changes to the racetracks Magna now owns.
Tuesday, May 25, 2004A California developer revealed plans Thursday to build residential and retail centers at Magna Entertainment Corp.'s two California tracks, Santa Anita Park and Golden Gate Fields.
Friday, May 21, 2004MI Developments Inc., majority owner of Magna Entertainment Corp., reported a net income of $17.52 million on revenues of $324.93 million for the first three months of 2004.
Tuesday, May 11, 2004Magna Entertainment Corp. chairman Frank Stronach told shareholders Tuesday he expects the company to reach consistent profitability within one to three years through continued development of the company's racetracks and new self-service betting machines he believes will become more popular than slot machines.
Tuesday, May 04, 2004Magna Entertainment Corp., which owns Laurel Park and Pimlico Race Course, is considering seeking approval for a plan that would let handicappers bet on live racing from around the country using machines that have a lot of the appeal of slot machines.
Monday, April 26, 2004Magna Entertainment Corp. and real-estate company Forest City Enterprises, Inc. will partner on a planned 80-acre development at Gulfstream Park that will include retail and entertainment facilities and a residential village that overlooks the track.
Thursday, April 22, 2004Magna Racino, a $91-million racetrack and entertainment facility in Ebreichsdorp, Austria, opened for business Sunday with a live harness racing program.
Tuesday, April 06, 2004Frank Stronach, chairman of auto-parts company Magna International and Magna Entertainment Corp., was compensated $36.2 million by Magna International in 2003.
Thursday, April 01, 2004The board of directors of Magna Entertainment Corp. announced Wednesday that it has elected Brian Tobin as a director and vice-chairman of the MEC Board. Tobin is the chief executive officer and a director of MI Developments Inc., which is the majority shareholder of MEC.
Wednesday, March 24, 2004Following the record-setting trend of this year's juvenile market, the Adena Springs auction generated its highest ever figures for gross revenue, average price, and median price Thursday during its third edition.
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