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Santa Anita Park's parent company, Magna Entertainment Corp., faces the threat of bankruptcy amid mounting losses and a $600 million debt burden. The current racing season and status are unaffected. Frank Stronach of Magna Entertainment Corp. said he was looking for partners for the track.

https://arcadiahistory.andornot.com/en/permalink/newspaper31390
Newspaper
Pasadena Star News
Date
February 23, 2009
Pages
p. A1, A4
More detail
Newspaper
Pasadena Star News
Date
February 23, 2009
Pages
p. A1, A4
Subjects
Magna Entertainment Corp.
Santa Anita Park - 2001-2010
Stronach, Frank
Item ID
31583AN
Collection
Newspaper Index
Less detail

Magna Entertainment Corp. (MEC), owner of Santa Anita Park, has filed for Chapter 11 bankruptcy protection. Santa Anita Park may be sold to pay off Magna's debts. Frank Stronach paid $126 million for Santa Anita Park in 1996. The track has three potential buyers, including a group from Asia.

https://arcadiahistory.andornot.com/en/permalink/newspaper31399
Newspaper
Pasadena Star News
Date
March 6, 2009
Pages
p. A1, A12
More detail
Newspaper
Pasadena Star News
Date
March 6, 2009
Pages
p. A1, A12
Subjects
Bankruptcy
Economy
Magna Entertainment Corp. (MEC)
Santa Anita Park - 2001-2010
Item ID
31592AN
Collection
Newspaper Index
Less detail

Employees at Santa Anita Park fear bankruptcy of its parent company Magna Entertainment Corp (MEC). Chairman Frank Stronach said the horsemen would not have to worry about any of their monies. Paymaster accounts total $11 million at Santa Anita Park. The accounts contain money earmarked for winning owners, who must pay a percentage of those earnings to jockeys and trainers. Magna Entertainment Corp. has lost $500 million in the past 5 years.

https://arcadiahistory.andornot.com/en/permalink/newspaper31396
Newspaper
Pasadena Star News
Date
March 4, 2009
Pages
p. A1, A10
More detail
Newspaper
Pasadena Star News
Date
March 4, 2009
Pages
p. A1, A10
Subjects
Bankruptcy
Magna Entertainment Corp (MEC)
Santa Anita Park - 2001-2010
Stronach, Frank
Item ID
31589AN
Collection
Newspaper Index
Less detail

Since he purchased Santa Anita Park in 1998, Frank Stronach has added five tracks to his stable and grouped them under a spin off company called Magna Entertainment Corp.

https://arcadiahistory.andornot.com/en/permalink/newspaper18585
Newspaper
Pasadena Star News
Date
March 13, 2000
Pages
p. A1
More detail
Newspaper
Pasadena Star News
Date
March 13, 2000
Pages
p. A1
Subjects
Stronach, Frank
Santa Anita Park
Magna Entertainment Corp.
Item ID
18829AN
Collection
Newspaper Index
Less detail

Developer Rick Caruso, whose stalled $500 million, 820,000 square feet retail project "The Shops at Santa Anita," is planned for Santa Anita Park's south parking lot, said he has "no control" over possible bankruptcy at the race track's parent company, Magna Entertainment Corp. (MEC). Caruso said he was still planning to go ahead with his mall and would "wait and see what happens and deal with it." Any reorganization at Magna Entertainment Corp. may delay the mall plans.

https://arcadiahistory.andornot.com/en/permalink/newspaper31397
Newspaper
Pasadena Star News
Date
March 4, 2009
Pages
p. A1, A10
More detail
Newspaper
Pasadena Star News
Date
March 4, 2009
Pages
p. A1, A10
Subjects
Bankruptcy
Caruso, Rick
Developers
Land use
Magna Entertainment Corp. (MEC)
Malls
Santa Anita Park - 2001-2010
The Shops at Santa Anita
Item ID
31590AN
Collection
Newspaper Index
Less detail

Since Magna Entertainment Corp., the owner of Santa Anita Park, has filed for Chapter 11 bankruptcy. The race track will be auctioned off in September. That land is zoned for horse racing. Jason Kruckeberg, Arcadia's Development Services Director, said it will remain as a race track.

https://arcadiahistory.andornot.com/en/permalink/newspaper31453
Newspaper
Pasadena Star News
Date
May 5, 2009
Pages
p. A1, A4
More detail
Newspaper
Pasadena Star News
Date
May 5, 2009
Pages
p. A1, A4
Subjects
Auctions
Bankruptcy
Magna Entertainment Corp.
Santa Anita Park - 2001-2010
Stronach, Frank
Item ID
31646AN
Collection
Newspaper Index
Less detail

Although Magna Entertainment Corp. (MEC) , the parent company of Santa Anita Park race track, filed for bankruptcy protection yesterday, the fate of the track's paymaster accounts remains uncertain. The bankruptcy judge could declare the $15 million, which was placed in the joint trust account, an asset of MEC and order it frozen.

https://arcadiahistory.andornot.com/en/permalink/newspaper31404
Newspaper
Pasadena Star News
Date
March 6, 2009
Pages
p. A12
More detail
Newspaper
Pasadena Star News
Date
March 6, 2009
Pages
p. A12
Subjects
Bankruptcy
Magna Entertainment Corp. (MEC)
Santa Anita Park 2001-2010
Item ID
31597AN
Collection
Newspaper Index
Less detail

Santa Anita Park race track's CEO and President Ron Charles said Santa Anita Park race track will not be sold to help Magnum Entertainment Corporation eliminate a $600-million-plus debt. However, Santa Anita Park race track is entertaining discussions with Magnum Entertainment Corporation concerning potential partnerships or joint ventures on a minority interest basis. Includes a historical timeline.

https://arcadiahistory.andornot.com/en/permalink/newspaper30716
Newspaper
Pasadena Star News
Date
September 15, 2007
Pages
p. News 1
More detail
Newspaper
Pasadena Star News
Date
September 15, 2007
Pages
p. News 1
Subjects
Magnum Entertainment Corporation
Santa Anita Park - 2001-2010 - history
Item ID
30904AN
Collection
Newspaper Index
Less detail

A profile of Belinda Stronach, daughter of Frank Stronach whose company Magna Entertainment Corp. owns Santa Anita Park. Belinda has resigned as President and CEO of Toronto-based Magna International, Inc. to run for a seat in the House of Commons.

https://arcadiahistory.andornot.com/en/permalink/newspaper27841
Newspaper
Pasadena Star News
Date
March 11, 2004
Pages
p. A3
More detail
Newspaper
Pasadena Star News
Date
March 11, 2004
Pages
p. A3
Subjects
Stronach, Belinda
Item ID
28038AN
Collection
Newspaper Index
Less detail

Santa Anita Park was named last week to a list of "America's 11 Most Endangered Places" because of owner Frank Stronach's plans to create a retail-entertainment center in the historic race track.

https://arcadiahistory.andornot.com/en/permalink/newspaper19266
Newspaper
Pasadena Star News
Date
July 5, 2000
Pages
p. 2 The Star
More detail
Newspaper
Pasadena Star News
Date
July 5, 2000
Pages
p. 2 The Star
Subjects
Santa Anita Park
Item ID
19508AN
Collection
Newspaper Index
Less detail

More than 25,000 fans celebrated the kickoff of the Santa Anita Park Race Track's 66th season on Dec. 26.

https://arcadiahistory.andornot.com/en/permalink/newspaper24840
Newspaper
Pasadena Star News
Date
January 3, 2003
Pages
p. D2
More detail
Newspaper
Pasadena Star News
Date
January 3, 2003
Pages
p. D2
Subjects
Santa Anita Park 2001 - 2010
Item ID
25035AN
Collection
Newspaper Index
Less detail

A profile of Wayne Lucas, horse trainer at Santa Anita Park race track.

https://arcadiahistory.andornot.com/en/permalink/newspaper26655
Newspaper
Pasadena Star News
Date
October 22, 2003
Pages
p. C1
More detail
Newspaper
Pasadena Star News
Date
October 22, 2003
Pages
p. C1
Subjects
Santa Anita Park - 2001-2010
Lucas, Wayne
Item ID
26857AN
Collection
Newspaper Index
Less detail

Opening day at Santa Anita Park saw 28,295 fans kick off the 67th winter - spring meet for the race track.

https://arcadiahistory.andornot.com/en/permalink/newspaper27210
Newspaper
Pasadena Star News
Date
December 27, 2003
Pages
p. A1
More detail
Newspaper
Pasadena Star News
Date
December 27, 2003
Pages
p. A1
Subjects
Santa Anita Park 2001 - 2010
Item ID
27408AN
Collection
Newspaper Index
Less detail

Opening day attendance at Santa Anita Park's Oak Tree was up more than 50% over last year with 20,317 fans attending.

https://arcadiahistory.andornot.com/en/permalink/newspaper26426
Newspaper
Pasadena Star News
Date
September 29, 2003
Pages
p. A1
More detail
Newspaper
Pasadena Star News
Date
September 29, 2003
Pages
p. A1
Subjects
Santa Anita Park - 2001-2010
Item ID
26626AN
Collection
Newspaper Index
Less detail

Two inches of hail forced the cancellation of races at Santa Anita Park yesterday. More rain is expected over the next few days. Maintenance on the Cushion Track will begin when the rain stops.

https://arcadiahistory.andornot.com/en/permalink/newspaper30902
Newspaper
Pasadena Star News
Date
January 25, 2008
Pages
p. News 1
More detail
Newspaper
Pasadena Star News
Date
January 25, 2008
Pages
p. News 1
Subjects
Cushion Track
Horse racing
Rain
Santa Anita Park - 2001-2010
Weather
Item ID
31090AN
Collection
Newspaper Index
Less detail

Heavy rain may disrupt racing at Santa Anita Park race track. The new Cushion Track is experiencing drainage issues.

https://arcadiahistory.andornot.com/en/permalink/newspaper30879
Newspaper
Pasadena Star News
Date
January 5, 2008
Pages
p. News 1
More detail
Newspaper
Pasadena Star News
Date
January 5, 2008
Pages
p. News 1
Subjects
Cushion Track
Rain
Santa Anita Park - 2001-2010
Weather
Item ID
31067AN
Collection
Newspaper Index
Less detail

Constant rainfall forces Santa Anita Park race track to cancel Sunday's racing card, the such cancellation in ten years.

https://arcadiahistory.andornot.com/en/permalink/newspaper29358
Newspaper
Pasadena Star News
Date
January 10, 2005
Pages
p. A1
More detail
Newspaper
Pasadena Star News
Date
January 10, 2005
Pages
p. A1
Subjects
Rainfall
Santa Anita Park 2001 - 2010
Racing card
Item ID
29542AN
Collection
Newspaper Index
Less detail

The latest thing on the cat show circuit is an agility contest for cats as demonstrated by the Kat Knappers Cat Club at the Santa Anita Park race track.

https://arcadiahistory.andornot.com/en/permalink/newspaper27073
Newspaper
Pasadena Star News
Date
December 15, 2003
Pages
p. A3
More detail
Newspaper
Pasadena Star News
Date
December 15, 2003
Pages
p. A3
Subjects
Cat Chows
Santa Anita Park 2001 - 2010
Item ID
27271AN
Collection
Newspaper Index
Less detail

Santa Anita Park race track president Ron Charles discusses drainage problems in the Cushion Track and promises that opening day will go on as scheduled.

https://arcadiahistory.andornot.com/en/permalink/newspaper30850
Newspaper
Pasadena Star News
Date
December 15, 2007
Pages
p. Sports 1
More detail
Newspaper
Pasadena Star News
Date
December 15, 2007
Pages
p. Sports 1
Subjects
Charles, Ron
Cushion Track
Santa Anita Park - 2001-2010
Item ID
31038AN
Collection
Newspaper Index
Less detail

Trainers and owners found to have sent injured or retired racehorses to slaughter will be banned from running or stabling horses at Santa Anita Park under a new policy from Magna Entertainment Corporation. Santa Anita Park President Ron Charles hopes to ensure the safety of its racehorses by monitoring injured or retired horses and keeping dealers known to sell horses for slaughter off the property. The policy was entered into the track's horseman's agreement, which governs racing terms and conditions.

https://arcadiahistory.andornot.com/en/permalink/newspaper31307
Newspaper
Pasadena Star News
Date
December 1, 2008
Pages
p. A1, A4
More detail
Newspaper
Pasadena Star News
Date
December 1, 2008
Pages
p. A1, A4
Subjects
Charles, Ron
Gray, Leigh
Horses and horse racing
Magna Entertainment Corporation
Safety policies
Santa Anita Park - 2001-2010
Thoroughbred Rehab Center
Item ID
31502AN
Collection
Newspaper Index
Less detail

20 records – page 1 of 1.