Keyword: magna

  • Frank Stronach

    Stronach Replaces Mills as MID CEO

    Prominent Thoroughbred breeder-owner Frank Stronach has taken over as chief executive officer of MI Developments, the racetrack operating company of which he is already chairman.

  • TrackNet, MidAtlantic Reach Agreement

    TrackNet Media Group and the MidAtlantic Cooperative announced Jan. 22 that they have reached an agreement with MidAtlantic members of the simulcast signals of racetracks affiliated with TrackNet

  • Global Gaming Involved in Lone Star Sale

    Lone Star Park announced Sept. 15 that it has entered into an agreement with Global Gaming LSP, LLC of Ada, Okla., which is owned by the Chickasaw Nation, designating them as the stalking horse bidder in the sale of Lone Star Park at Grand Prairie.

  • Sanata Anita

    Auction of Santa Anita, Lone Star Withdrawn

    An auction scheduled Sept. 8 on properties owned by bankrupt Magna Entertainment Corp. will not go forward after the company withdrew Santa Anita Park, Lone Star Park, and other assets from the bidding in court documents filed in U.S. bankruptcy court.

  • Bankruptcy Judge: MEC Can Sell Austrian Track

    A bankruptcy court has granted permission for Magna International Corp. (MEC) to sell its track in Austria to a group associated with company founder and chairman Frank Stronach, Bloomberg reported July 30.

  • CDI president and CEO Robert Evans

    Evans Cites Benefits of Non-Racing Ventures

    While Churchill Downs Incorporated will continue to focus on racing as its primary business, its ability to expand into more profitable ventures such as alternative gaming and concerts will be key to future growth.

  • Thistledown Makes Payment; Will Stay Open

    Thistledown race track in North Randall, Ohio made a required $36,000 payment toward a bond, which allows it to remain open, the Cleveland Plain Dealer reported June 17 on its Web site, cleveland.com.

  • Gulfstream Donates to Charitable Causes

    Earlier this month, Gulfstream Park announced its pledge to donate $10,000 to a pair of National Thoroughbred Racing Association's Charities -- Permanently Disabled Jockeys Fund and the Miami Project to Cure Paralysis.

  • Florida Bill Would Reduce Slots Tax

    The Florida Legislature passed a gaming bill May 8 that includes several changes sought by the state's Thoroughbred industry, and a compromise on the contentious issue of table games at the Seminole Tribe of Florida's casinos.

  • The Hialeah Walking Ring, circa 1965.

    Hialeah OK'd for Quarter Horse Racing

    Hialeah Park received a Quarter Horse permit from the Florida Division of Pari-Mutuel Wagering on March 17, with an apparent mandate to begin that racing by March 17, 2010.

  • Frank Stronach

    Frankly Speaking: Stronach on Magna

    Frank Stronach is chairman of Magna Entertainment Corp., a major racetrack operator that filed for Chapter 11 bankruptcy protection March 5. He also is the owner of Adena Springs, which won its fifth consecutive Eclipse Award as outstanding breeder in 2008 while Stronach picked up his fourth Eclipse as outstanding owner. Stronach discussed the MEC bankruptcy with The Blood-Horse following the Adena Springs sale of 2-year-olds in training.

  • Tiznow

    Tiznow Colt Tops Barretts Sale

    A son of Horse of the Year Tiznow brought $650,000 to top the Barretts sale March 10 at the Hinds Pavilion in Pomona, Calif. Jess Jackson's Stonestreet Stables purchased the colt on a telephone bid from the Wavertree Stables consignment

  • Gulfstream Seeking More Dates

    In a step some racing industry officials expected, Gulfstream Park has told Florida regulators that it plans to hold races during 2009's last five weeks--a lucrative set of dates on which Calder Race Course has raced exclusively in South Florida for more than a decade.

  • Magna Official Says He Will Step Down

    Following a transition period, MI Developments chief executive officer and board member John Simonetti said he will leave his post, but he offered no timeline Aug. 8 during a conference call on the company's second-quarter earnings.

  • Magna Loss Soars in First Quarter

    Despite mounting losses and lack of investor confidence, executives of racetrack operator Magna Entertainment remain confident the company's fortunes can be reversed.

  • Passage of Florida Slot Bills in Doubt

    As the Florida legislature prepares to end its annual session May 2, chances appear very slim that it will pass either of two slot machine bills being sought by the Thoroughbred industry.

  • MEC Eyes Options After Oregon Rejection

    Magna Entertainment Corp. said it is "considering all of its legal options" after the Oregon Racing Commission rejected its request to allow installation of Instant Racing gaming terminals at Portland Meadows April 25.

  • Oprah Winney, winner of the 2007 Barbara Fritchie, is the co-highweight in this year's edition.

    Oprah Winney Seeks Fritchie Repeat

    The top three finishers from Aqueduct's Jan. 1 Interborough Handicap, led by Oprah Winney, will meet again in the Barbara Fritchie Breeders' Cup Handicap (gr. II) at Laurel Park Feb. 16.

  • Frank Stronach Video Interview

    Frank Stronach covers a variety of topics in this exclusive video interview, including a look at the newly relocated Adena Springs Farm.

  • HRTV Application Still Undecided

    As of Jan. 9, HRTV was still not permitted to show races from Aqueduct. The New York State Racing and Wagering Board continues to assess HRTV's application to show video from Aqueduct.

  • Jose Santos

    Santos Explores Options in Retirement

    After retiring from racing July 30 due to five fractured vertebrae sustained in a February spill at Aqueduct, Hall of Fame jockey Jose Santos is exploring ways to share his expertise with racing fans and companies.

  • Ray Paulick<br>Editor-in-Chief

    Commentary: Stables and Stability

    <i>By Ray Paulick</i> - The revolving door at Magna didn't start with Neuman. Since Stronach formed Magna Entertainment in February 2000, there have been six CEOs.

  • Commentary: A Modest Proposal

    <i>Rob Whiteley</i> - The Proposal. Every member of the Thoroughbred family will contribute to industry well-being by immediately investing his or her own money.

  • MEC Video Replays Back Online

    Video race replays from Magna Entertainment-owned tracks have been restored by a new contract between TrackNet Media and Post Time Technologies.

  • Delays on MEC Video Extended, Talks Continue

    A temporary ban on the release of race video replays from Magna Entertainment tracks may continue through the end of the week for Post Time Technologies business partners, which include The Blood-Horse and the National Thoroughbred Racing Association.

  • 'Shops at Santa Anita' OK'd by Arcadia Council

    An upscale mall to be constructed in Santa Anita's main parking lot took a step forward April 17 when the Arcadia City Council unanimously approved the project. The meeting lasted six hours before the council adjourned and then returned for another hour later in the day.

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

    Turn Signal

    <i>By Ray Paulick</i> -- Twenty years ago, in the infancy of whole-card simulcasting, there were fears that only the so-called "super tracks" would survive -- those offering the highest-quality racing signals to receiving sites around the country.

  • Evan Hammonds

    Not So Special

    <i>By Evan Hammonds</i> - During this year's Preakness weekend at Pimlico, the "Magna Entertainment Experience" surrounding the second jewel of the Triple Crown will not be nearly as enriching. On Jan. 25, the Maryland Jockey Club stuck a fork in the Pimlico Special (gr. I) for 2007.

  • Special Election to Decide Dixon Downs' Fate

    The fate of Magna Entertainment Corporation's $250 million state-of-the-art racetrack for Northern California will be decided in a special election April 17 by the city of Dixon, a town of 17,500 residents 19 miles west of Sacramento.

  • More Hurdles Facing Dixon Downs Plan

    It didn't take long for foes of the Dixon Downs racetrack in Northern California to attack plans for the $250 million Magna Entertainment project approved by the Dixon City Council on Oct. 23. Already, a citizen group has turned in petitions seeking a referendum to overturn the action, and on Nov. 21, the nearby city of Davis filed a lawsuit aimed at mitigating the development's impact on the region.