Keyword: Frank Stronach

  • Adena Springs' Frank Stronach

    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.

  • Sunshine Millions Attracts 144 Pre-Entries

    The Sunshine Millions, matching California-breds against Florida-breds, will be renewed Saturday, Jan. 29 with eight races worth a combined $3.6 million.

  • Champion Macho Uno's First Foal

    The first reported foal sired by champion Macho Uno is a filly born Jan. 11 at Frank Stronach's Adena Springs South near Ocala, Fla.

  • Ray Paulick<br>Editor-in-Chief

    No Gift Exchange

    <i>By Ray Paulick</i> - The execution of Magna's vision has been difficult given its isolationist philosophy.

  • MEC to Re-evaluate in Wake of Big Losses

    Magna 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.

  • Awesome Again

    Awesome Again's Fee Upped to $125,000

    When 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.

  • Ron Charles Selected to Head MEC California

    Magna 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.

  • Ray Paulick&lt;br&gt;Editor-in-Chief

    Taking Care of Business

    <i>By Ray Paulick</i> -- 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.

  • HorseRacing TV Joins DISH Network

    Magna 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.

  • Congaree, to stud at Adena Springs in Kentucky.

    Congaree to Stud at Adena Springs Kentucky

    Janice 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.

  • Ray Paulick&lt;br&gt;Editor-in-Chief

    Building Blocks

    <i>By Ray Paulick</i> -- 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.

  • MID Turns Profit in First Quarter

    MI 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.

  • Stronach Tells Shareholders MEC is Turning Corner

    Magna 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.

  • Maryland Tracks May Add 'Next Generation' of Betting Machines

    Magna 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.

  • MEC Reaches Deal for Gulfstream Redevelopment

    Magna 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.

  • Magna Racino Opens in Austria

    Magna Racino, a $91-million racetrack and entertainment facility in Ebreichsdorp, Austria, opened for business Sunday with a live harness racing program.

  • MI Developments CEO Brian Tobin

    Brian Tobin Elected Magna Vice Chairman

    The 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.

  • Battle Brewing Over Proposed Michigan Track

    Magna Entertainment Corp. chairman Frank Stronach wants to get things moving with his company's proposed racetrack in Romulus, Mich., but state racing commissioner Robert Geake reiterated Thursday that much remains to be accomplished before any action can be taken.

  • Belinda Stronach Wins Nomination for Canadian Race

    Belinda Stronach, daughter of Magna International owner Frank Stronach, won the Conservative Party nomination in Canada March 9 over Lois Brown, a long-time Canadian Alliance worker.

  • Magna Spin-off MID Names Tobin CEO

    Former Canadian cabinet minister and provincial premier Brian Tobin has been appointed chief executive officer of MI Developments Inc., a real estate spin-off of Magna International that holds a controlling interest in Magna Entertainment Corp.

  • MEC Team to Study Racetrack Operations

    Magna Entertainment Corp. has established a "continuous improvement" team under the supervision of chief operating officer Don Amos that will conduct an orderly study of the company's racetrack operations.

  • Sunshine Millions: Higher Ratings, Attendance, Handle

    There is plenty of sunshine in the final tally from last weekend's Sunshine Millions according to a press release issued by Magna Entertainment Corp. MEC reports the second running of the Sunshine Millions eclipsed last year's successes, both on track and in the home.

  • Sunshine Millions On-Track Attendance Jumps

    Sunshine Millions on-track attendance Saturday showed a combined 22% increase over the inaugural 2003 running of the series at Gulfstream and Santa Anita parks.

  • A horse on the track at Palm Meadows training center, where some top 3-year-olds are based this winter.

    Derby Hopefuls Flock to Palm Meadows

    The electricity that once rippled throughout Gulfstream Park each winter has moved north to Palm Meadows training center in Boynton Beach, where many of the country's top 3-year-olds prepare in style for their arduous journey to Churchill Downs.

  • Pesci Seeks Star Billing in Sunshine Millions Distaff

    The 4-year-old filly, Pesci, is looking to upstage her Academy Award winning owner and namesake, Joe Pesci, when she goes to the post against older fillies and mares in the Jan. 24 Sunshine Milions Ocala Breeders' Sales Distaff at Gulfstream Park.

  • Ray Paulick&lt;br&gt;Editor-in-Chief

    Frank Talk

    <i>By Ray Paulick</i> -- 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?

  • Numbers Rebound at Adena Springs Broodmare Auction

    Good food, lively conversation, and quality mares at reasonable prices punctuated the seventh annual Adena Springs Broodmare Auction held Nov. 6 at Fasig-Tipton Kentucky's Newtown Paddocks near Lexington.

  • Macho Uno has been retired to stud.

    Macho Uno Retired; to Stand in Florida

    Macho Uno, the 2000 champion juvenile colt, has been retired and will stand in 2004 at Frank Stronach's Adena Springs near Ocala, Fla. No stud fee was announced.

  • Carson Hollow, died following colic surgery.

    Grade I Winner Carson Hollow Dead

    Grade I winner Carson Hollow, a three-time New York champion of 2002 for Frank Stronach and partners, died Aug. 25 following colic surgery at Ontario Veterinary College in Canada,

  • Milwaukee Brew, foreground, defeating Congaree in this year&#39;s Santa Anita Handicap.

    Milwaukee Brew Injured, Out Indefinitely

    Milwaukee Brew, one of only two horses to win multiple runnings of the Santa Anita Handicap (gr. I), injured an ankle during Sunday's running of the Pacific Classic (gr. I) and will not race again this year.

  • Breeders' Cup Elects Board of Directors

    Breeders' Cup Ltd. elected 13 members to its board of directors through the proportional shareholder voting system by Breeders' Cup foal and stallion nominators.

  • Magna, Horsemen Agree to Sunshine Pact

    Magna 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.