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HRTV to Broadcast U.S. Content in Great Britain, Ireland

HRTV will be broadcast on Racing World in Great Britain and Ireland five days a week beginning March 28. Wednesday, March 28, 2007

Santa Anita Committed to Installing Synthetic Surface in 2007

Following reports that Santa Anita might request more time before installing a synthetic main-track surface, Santa Anita President Ron Charles announced Feb. 21 that Magna Entertainment Corp. is committed to installing such a surface this year. Thursday, February 22, 2007

Johnsen Resigns Magna Post; Joins Investors Acquiring Track

Corey Johnsen has resigned as president of Magna Entertainment Corp. southern operations to join a group of private investors that is in the process of acquiring controlling interest of another North American racetrack. Wednesday, February 07, 2007

MEC Buys Am Tote

Magna Entertainment Corp. completed a $17.4 million acquisition of AmTote International on Thursday, adding a major provider of totalizator services to its portfolio of horse racing entities. Friday, September 01, 2006

Shubeck Named General Manager at Lone Star

Former Pennsylvania racing executive Drew Shubeck has been named vice president and general manager of Lone Star Park, which is owned by Magna Entertainment Corp. Shubeck replaces Jeff Greco. Friday, February 03, 2006

Magna Announces Recapitalization Plan

Magna Entertainment announced a recapitalization plan July 22 that includes two binding loan agreements with its subsidiary, MI Developments. The plan also includes a bridge loan that a Magna press release said "will permit us to proceed with an orderly marketing and sale of non-strategic real estate, racetracks, and other assets." Friday, July 22, 2005

Greyhound Group Sues MEC Over Multnomah

The Oregon Greyhound Association filed a $1-million lawsuit against Magna Entertainment Corp. Jan. 20, alleging breach of contract for the company's failure to renew its operating lease for Multnomah Greyhound Park and for canceling the 2005 dog racing season. Wednesday, January 26, 2005

2004 Eclipse Breeder: Adena Springs

Frank 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, 2005

Magna Makes Moves on Michigan Downs

Magna Entertainment Corp. removed another obstacle to bringing Thoroughbred racing back to the Detroit area on Tuesday when it applied to transfer its Great Lakes Downs racing license to a Delaware corporation. Wednesday, January 21, 2004