When entries were drawn Monday morning for the four races that will comprise the Gulfstream Park half of the Sunshine Millions, two of the events drew full 12-horse fields.
Monday, January 19, 2004HorseRacing TV (HRTV) will provide live coverage of the draw and press conference for the Sunshine Millions at 2 p.m. (ET) Jan. 19.
Friday, January 16, 2004Man From Wicklow, who won last year's Gulfstream Park Breeders' Cup Handicap (gr. I), is currently training at Palm Meadows for a scheduled start in the Sunshine Millions Franks Farm Turf on Jan. 24.
Friday, January 16, 2004Magna Entertainment Corporation announced it is offering a new national Pick 5 wager – the Magna 5 – with a guaranteed minimum pool of $500,000 at its tracks beginning Jan. 31 and continuing each Saturday through May 29.
Wednesday, January 14, 2004William Biggar has resigned as president and chief executive officer of MI Developments, which is the parent company of Magna Entertainment Corp. He will be replaced by Werner Czernohorsky, formerly president of the Construction Group.
Wednesday, January 14, 2004A disgruntled professional handicapper is mobilizing fellow players to boycott all tracks owned by Magna Entertainment Corp. The action comes in response to the company's recent decision to discontinue accepting bets from account wagering providers other than the Magna-owned platform Xpressbet.com.
Friday, January 09, 2004Magna Entertainment Corp. chairman Frank Stronach formally announced Wednesday plans for a new job-training center to be located near Pimlico Race Course in Maryland.
Thursday, January 08, 2004Youbet.com said Dec. 30 it hopes to strike a deal with Magna Entertainment Corp. to offer wagering on all the company's racetracks.
Wednesday, December 31, 2003Youbet.com said Dec. 30 it hopes to strike a deal with Magna Entertainment Corp. to offer wagering on all the company's racetracks.
Wednesday, December 31, 2003The latest in a growing number of simulcast contract disputes has led the New York Racing Association and Magna Entertainment Corp. to cease doing business with Tampa Bay Downs.
Tuesday, December 30, 2003As of Jan. 12, fans used to watching those grainy images of races from the Web sites of Magna Entertainment Corporation-owned Gulfstream Park and Santa Anita Park will be unable to do so without paying for streaming video service.
Friday, December 26, 2003The second annual Sunshine Milliions, which will be held Jan. 24 at Gulfstream Park and Santa Anita Park, drew 309 early bird nominations, down slightly from last year's total of 325.
Tuesday, December 23, 2003By Ray Paulick -- Will 2004 be a turning point for the Frank Stronach-led Magna Entertainment, which frequently has stumbled and struggled since entering the racetrack ownership business in 1998 with its purchase of Santa Anita Park? Also, will Keeneland bring back the July yearling sale and will the Thoroughbred Championship Tour kick off in 2004?
Tuesday, December 09, 2003In a surprise move in Oregon, Magna Entertainment Corp. has removed the Instant Racing machines that were installed earlier this year at its two tracks, Portland Meadows and Multnomah Greyhound Park.
Tuesday, November 25, 2003The owners of Pimlico and Laurel Park averted a showdown with horsemen over the possible shutdown of simulcasting by agreeing Wednesday to keep the Pimlico stables open for the winter.
Wednesday, November 19, 2003The simulcasting of Churchill Downs Simulcast Network signals from Calder Race Course, Churchill Downs, Hollywood Park and Hoosier Park has resumed at Lone Star Park after a five-day hiatus. A verbal agreement was reached between Lone Star Park and CDSN Wednesday morning, shortly after Lone Star withdrew from the Southern Racing Cooperative.
Wednesday, November 19, 2003Lone Star Park has ended its relationship with the Southern Racing Cooperative due to a possible conflict of interest in the future.
Wednesday, November 19, 2003The first indication a deal might be worked out to keep Pimlico's stable open for the winter emerged Tuesday. Meetings took place between horsemen's leadership and track management in a Baltimore office and between horsemen's leadership and angry Pimlico backstretch workers in the Pimlico track kitchen.
Wednesday, November 19, 2003The Maryland Racing Commission voted Tuesday not to intervene in the Maryland Jockey Club's decision to close the Pimlico stables for the winter. The 6-2 vote set off a flurry of angry responses from horsemen aimed primarily at Tom McDonough, commission chairman.
Wednesday, November 12, 2003Magna Entertainment Corp. has begun management-level workforce cuts in an effort to reduce the company's growing losses.
Tuesday, November 11, 2003MI Developments, a real-estate spin-off of Magna International and majority shareholder of Magna Entertainment Corp., offered its first quarterly earnings report Wednesday on a pro forma basis.
Wednesday, November 05, 2003Magna Entertainment Corp. increased revenue 59.7% in the third quarter but the company's losses continued to widen.
Friday, October 31, 2003Proposals for building a racetrack and a casino will go before city residents of Romulus, Mich., for a vote in December.
Tuesday, October 28, 2003Taking 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, 2003Magna Entertainment Corp. was granted initial approval for a major overhaul of Pimlico that would realign the racetrack and move the grandstand across the infield.
Friday, September 19, 2003The California Horse Racing Board took a first look at the knotted issue of changing the way account-deposit wagering is conducted in the state by requiring racetrack associations -- as a condition to operate -- to negotiate agreements for handling wagers with all legal operators.
Friday, September 19, 2003TV Games Network has filed a countersuit against Magna Entertainment Corp. in the brewing battle over the right to broadcast Maryland Jockey Club racing.
Thursday, September 11, 2003Magna Entertainment Corp. Monday unveiled plans for a $100-million racetrack and entertainment project near Detroit International Airport.
Wednesday, September 10, 2003The Horse Farm Workers' Educational Assistance Fund announces 46 scholarship recipients for 2003... MEC appoints Greg Lewis VP television production.
Wednesday, August 27, 2003Magna Entertainment Corp., the originator of the Sunshine Millions, announced Aug. 13 that it has signed an agreement extending the Florida-California Thoroughbred series through 2006.
Wednesday, August 13, 2003Magna Entertainment Corp. is still very much interested in entering the New York racing market, and would seek to obtain, if it becomes available, the New York Racing Association franchise, the head of the company said Aug. 5.
Tuesday, August 05, 2003Magna Entertainment Corp. is actively seeking a third-party developer for a retail-entertainment project at Gulfstream Park that would become "the new front door for the track," Magna's departing chief financial officer Graham Orr said on Friday.
Friday, August 01, 2003Magna Entertainment Corp.'s revenues during the second quarter ended June 30 were up 54.2% from a year ago while net income was down slightly, the company reported after the markets closed Thursday night.
Friday, August 01, 2003Magna Entertainment Corp. and the Maryland Racing Commission are working on a document that would satisfy Magna's agreement to spend $5 million on upgrades at Laurel Park and Pimlico Race Course by Aug. 31, said Mike Hopkins, executive director of the commission.
Friday, July 25, 2003The Pennsylvania Horse Racing Commission unanimously approved Thursday a racing license to Presque Isle Downs, which is slated for construction in Erie, Pa.
Thursday, July 17, 2003Magna International has proposed a new publicly traded company--MI Developments Inc.--that would own all of Magna's automotive real estate as well as all of Magna Entertainment Corp., the leading owner of racetracks in North America in terms of holdings.
Tuesday, July 08, 2003Magna Entertainment Corp. Thursday announced the appointment of Blake Tohana as an executive vice president and its new chief financial officer, effective July 28, replacing Graham Orr.
Thursday, July 03, 2003Magna Entertainment Corp. completed on Friday the previously announced purchase of the long-term operating rights for the Portland Meadows racetrack, along with an interest in the Portland Meadows real estate from Portland-based developer Thomas P. Moyer.
Friday, June 27, 2003A decision by the Commonwealth Court to vacate a license granted last year to MTR Gaming and opposition by House members to slots in the state is leaving many questions to be answered.
Friday, June 27, 2003Magna Entertainment Corp. will host three gala fundraising events featuring advance screenings of Seabiscuit, the feature film from Universal Pictures, DreamWorks Pictures and Spyglass Entertainment.
Tuesday, June 24, 2003Magna Entertainment Corp. said June 24 it has completed its previously announced sale of an additional $50-million aggregate principal amount of 8.55% convertible subordinated notes due June 15, 2010.
Tuesday, June 24, 2003Magna Entertainment Corp. will sell an additional $50 million in convertible subordinated notes, the company announced Monday.
Tuesday, June 17, 2003Magna Entertainment Corp. has completed its sale of $100 million in convertible subordinated notes.
Monday, June 02, 2003Magna Entertainment Corp. will sell an additional $100 million worth of convertible notes at an annual interest rate of 8.55% through June 2 in hopes of gaining additional capital.
Wednesday, May 21, 2003Magna Entertainment Corp. has officially announced the appointment of Roman Doroniuk as chief operating officer and John Perrotta as vice-president of operations.
Thursday, May 15, 2003Magna Entertainment announced it has entered a three-year deal with NBC to televise the Sunshine Millions.
Thursday, May 15, 2003HorseRacing TV (HRTV) will offer a steady stream of live coverage from Pimlico Race Course next week in advance of the May 13 Preakness Stakes (gr. I).
Friday, May 09, 2003Magna Entertainment Corp., majority owner of the Maryland Jockey Club, has unveiled what it says is the first phase of an overall plan to rebuild Pimlico and Laurel Park from the ground up - grandstands, racing surfaces and stable areas. The $46-million first phase of the plan will include new stables and training track at Laurel Park.
Thursday, May 08, 2003Magna Entertainment Corp. has plans for new pari-mutuel wagering machines designed to make betting easier for first-timers, officials said May 1 during a press conference after the company's annual meeting.
Friday, May 02, 2003Magna Entertainment Corp. reported a $6-million decrease in net income for the first quarter of 2003 compared with the same period in 2002, according to a financial statement released April 30.
Thursday, May 01, 2003