By Ray Paulick -- If the investment community is unclear about the direction Magna Entertainment is heading, it isn't alone. People in racing also are wondering exactly what chairman Frank Stronach has in mind for the company that has either acquired or has agreements to purchase racetracks in nine states and in one province of Canada.
Tuesday, August 27, 2002Citing time constraints due to his responsibilities as chairman of the board and CEO of MGM Mirage, Terrence Lanni has resigned from the board of Magna Entertainment.
Thursday, August 15, 2002Del Mar announced a 5% increase in overnight purses for the remainder of its 43-day meeting. The increase is retroactive to the beginning of racing on July 24.
Thursday, August 08, 2002Del Mar Thoroughbred Club will rename the Ramona Handicap in honor of the late John C. Mabee, a founding member, president, and chairman of the organization that operates the seaside racetrack.
Monday, July 08, 2002Robert S. Strauss, former ambassador to Russia and one-time chairman of the Democratic National Committee, will replace the retiring John Mabee as chairman of the board of Del Mar Thoroughbred Club. Also, Betty Mabee, John's wife and partner in Golden Eagle Farm, has been added to Del Mar's board of directors.
Friday, January 25, 2002The 43-day meet, which this year begins Wednesday, July 18, is often considered the jewel of California racing. One of the selling points of Del Mar is that it's nestled along the coastline with sweeping views of the Pacific Ocean. But management said atmosphere really hasn't been enough to lure big crowds.
Monday, July 16, 2001Del Mar Thoroughbred Club's premier event -- the $1,000,000 Pacific Classic -- once again will be televised by ESPN when it is presented for the 11th time at the shore track on Sunday, August 19.
Monday, March 19, 2001