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20 records – page 1 of 1.

Santa Anita Park owner Frank Stronach is coming to town this weekend to meet with local horsemen to talk about the state of the sport. He'll also meet with an engineer to discuss the pros and cons of a proposed new racing surface consisting of dirt, sand, and a small amount of fiber. He says it is a very safe surface. The question remains, who will foot the bill for it, since Stronach's Magna Entertainment Corporation (MEC) filed for Chapter 11 bankruptcy last year.

https://arcadiahistory.andornot.com/en/permalink/newspaper31914
Newspaper
Pasadena Star News
Date
February 26, 2010
Pages
p. C1

Santa Anita Park's current Pro-Ride synthetic track surface will be replaced with a dirt track after the Oak Tree meet ends October 31 and before Santa Anita Park's winter-spring season starts December 26, 2010. Frank Stronach said it will cost about $6 million to install.

https://arcadiahistory.andornot.com/en/permalink/newspaper32142
Newspaper
Pasadena Star News
Date
August 19, 2010
Pages
p. A1, A4
Newspaper
Pasadena Star News
Date
August 19, 2010
Pages
p. A1, A4
Subjects
Horses and horse racing
Santa Anita Park-2001-2010
Stronach, Frank
Synthetic track
Item ID
32339AN
Collection
Newspaper Index
Less detail

Beginning July 14, Santa Anita Park's main track will be reconstituted with a mixture of Pro-Ride synthetic materials to replace its ill-fated Cushion Track.

https://arcadiahistory.andornot.com/en/permalink/newspaper31062
Newspaper
Pasadena Star News
Date
June 24, 2008
Pages
p. C1
Newspaper
Pasadena Star News
Date
June 24, 2008
Pages
p. C1
Subjects
Cushion Track
Pro-Ride synthetic surface
Santa Anita Park - 2001-2010
Item ID
31257AN
Collection
Newspaper Index
Less detail

Last year it seemed Santa Anita Park might be sold in a bankruptcy auction, but it appears owner Frank Stronach will keep an interest in the track. Under a deal arranged by Stronach's bankrupt Magna Entertainment Corp. (MEC) and its creditors in a Delaware bankruptcy court, ownership of the track would be transferred to MI Development, a real estate holding company controlled by Stronach. If a judge accepts the plan, Stronach would also retain ownership of Golden Gate Fields in the Bay Area, and Gulfstream Park in Florida. Also, it sets up developer Rick Caruso to proceed with building the Shops at Santa Anita mall that is proposed for the track's parking lot.

https://arcadiahistory.andornot.com/en/permalink/newspaper31899
Newspaper
Pasadena Star News
Date
February 13, 2010
Pages
p. A1
Newspaper
Pasadena Star News
Date
February 13, 2010
Pages
p. A1
Subjects
Bankruptcy
Caruso, Rick
Magna Entertainment Corp. (MEC)
Santa Anita Park - 2001-2010
Shops at Santa Anita
Stronach, Frank
Item ID
32096AN
Collection
Newspaper Index
Less detail

The Oak Tree Racing Association lost its lease to operate its fall horse racing meet at Santa Anita Park. Oak Tree has operated a fall meet at the track since 1969. Due to bankruptcy restructuring, Frank Stronach's company MI Developments took control of Santa Anita Park from Stronach's Magna Entertainment Corp (MEC). MI Developments wants to negotiate a new lease agreement with Oak Tree for fall racing.

https://arcadiahistory.andornot.com/en/permalink/newspaper32062
Newspaper
Pasadena Star News
Date
May 15, 2010
Pages
p. A1

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
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

The California Horse Racing Board authorized Oak Tree Racing Association to have its traditional fall meet at another thoroughbred venue in Southern California since the association's use of Santa Anita Park is still uncertain. MI Developments, which is chaired by Frank Stronach, recently voided Oak Tree's contract after acquiring the race track from Stronach's Magna Entertainment Corp (MEC) through federal bankruptcy proceedings. Oak Tree's director Sherwood Chillingworth said, "If we can't make a deal with Santa Anita...we can take our dates and run them in Hollywood or Del Mar."

https://arcadiahistory.andornot.com/en/permalink/newspaper32070
Newspaper
Pasadena Star News
Date
May 21, 2010
Pages
p. A1

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
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

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
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

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
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

Santa Anita Park's ownership changed hands on April 30 after Frank Stronach's Magna Entertainment Corp. (MEC) transferred many of its assets to Stronach's MI Developments (MID) (one of MEC's creditors), as part of a bankruptcy restructuring plan. Last week MI Developments, a real estate operating company, canceled its 2005 agreement with Caruso Affiliated to develop to the proposed mall known as The Shops at Santa Anita, but this week MI Developments hopes to work out a deal with developer Rick Caruso to build an upscale retail project in the track's parking lot.

https://arcadiahistory.andornot.com/en/permalink/newspaper32030
Newspaper
Pasadena Star News
Date
May 4, 2010
Pages
p. A1

The California Horse Racing Board is conducting a study on the effects of synthetic tracks on racing injuries.

https://arcadiahistory.andornot.com/en/permalink/newspaper31364
Newspaper
Pasadena Star News
Date
January 25, 2009
Pages
p. A1
Newspaper
Pasadena Star News
Date
January 25, 2009
Pages
p. A1
Subjects
California Horse Racing Board
Horses and horse racing
Pro-Ride synthetic track
Safety
Item ID
31559AN
Collection
Newspaper Index
Less detail

Frank Stronach, chairman of MI Developments, is scheduled to address the California Horse Racing Board to address a number of issues, including a potential new racetrack surface for Santa Anita Park and the recent cancellation of its lease with the charitable Oak Tree Racing Association. Dennis Mills, MI Development's CEO and vice chairman has said Santa Anita Park might replace its synthetic track soon, which could jeopardize hosting Oak Tree's meet there.

https://arcadiahistory.andornot.com/en/permalink/newspaper32091
Newspaper
Pasadena Star News
Date
June 20, 2010
Pages
p. A1, A6

Frank Stronach, chairman of MI Developments Inc. (MID), the owner of Santa Anita Park, will reveal a plan for Santa Anita Park on Wednesday to horse owners and trainers and he plans to address the California Horse Racing Board (CHRB). He did not discuss details but his plan aims to revitalize the ailing horse racing industry.

https://arcadiahistory.andornot.com/en/permalink/newspaper32139
Newspaper
Pasadena Star News
Date
August 17, 2010
Pages
p. A1, A4
Newspaper
Pasadena Star News
Date
August 17, 2010
Pages
p. A1, A4
Subjects
California Horse Racing Board (CHRB)
Horses and horse racing
MI Developments (MID)
Santa Anita Park-2001-2010
Stronach, Frank
Item ID
32336AN
Collection
Newspaper Index
Less detail

The California Horse Racing Board has approved Santa Anita Park's plan to resurface its main track with dirt. The Pro-Ride synthetic surface will be replaced by the first week of December.

https://arcadiahistory.andornot.com/en/permalink/newspaper32226
Newspaper
Pasadena Star News
Date
November 10, 2010
Pages
p. B1
Newspaper
Pasadena Star News
Date
November 10, 2010
Pages
p. B1
Subjects
Santa Anita Park--2001-2010
Item ID
32425AN
Collection
Newspaper Index
Less detail

Santa Anita Park president Ron Charles has announced it will continue to race on its Cushion Track this season. It will undergo some reformulation with polymer and fibers produced by Pro-Ride, an Australian company, so that it will drain properly.

https://arcadiahistory.andornot.com/en/permalink/newspaper30890
Newspaper
Pasadena Star News
Date
January 16, 2008
Pages
p. Sports 1
Newspaper
Pasadena Star News
Date
January 16, 2008
Pages
p. Sports 1
Subjects
Charles, Ron
Cushion Track
Horse racing
Santa Anita Park - 2001-2010
Item ID
31078AN
Collection
Newspaper Index
Less detail

Frank Stronach, chairman of MI Developments (MID), is requesting the California Horse Racing Board (CHRB) to allow additional racing days at Santa Anita Park and at his other track Golden Gate Fields. He wants the number of racing days to increase from 85 to 140 days per year, to run races when he thinks he'll get the most customers. In order for MID to maintain its license and run thoroughbred racing at Santa Anita Park and Golden Gate Fields, the CHRB has asked the company to submit a business plan. The plan has been a secret even to some of the company's board members. In the meantime, repairs are being made at Santa Anita Park in preparation for the fall Oak Tree meet (photo).

https://arcadiahistory.andornot.com/en/permalink/newspaper32115
Newspaper
Pasadena Star News
Date
July 27, 2010
Pages
p. A1, A4
Newspaper
Pasadena Star News
Date
July 27, 2010
Pages
p. A1, A4
Subjects
California Horse Racing Board (CHRB)
Horses and horse racing
MI Developments (MID)
Santa Anita Park-2001-2010
Stronach, Frank
Item ID
32312AN
Collection
Newspaper Index
Less detail

A drainage problem forced the cancellation of horse racing at Santa Anita Park since three inches of rain fell yesterday. The track has had to cancel racing 12 times since the synthetic track was installed two years ago. In 2006, the California Horse Racing Board banned dirt surfaces from thoroughbred tracks. Santa Anita Park has tried two synthetic tracks but the surfaces have not worked out. Officials announced they will replace the synthetic surface before the Oak Tree Meet in the fall.

https://arcadiahistory.andornot.com/en/permalink/newspaper31866
Newspaper
Pasadena Star News
Date
January 19, 2010
Pages
p. A1
Newspaper
Pasadena Star News
Date
January 19, 2010
Pages
p. A1
Subjects
Santa Anita Park - 2001-2010
Synthetic track
Rain
Weather
Item ID
32063AN
Collection
Newspaper Index
Less detail

Air quality concerns were raised by track employees over fumes and breathable fibers being emitted by the artificial track known as the Cushion Track, which was treated for drainage problems by Pro-Ride Racing in late August. Cal/OSHA hired Colin Young, a certified industrial hygienist to study health risks posed by the track. Young will recommend the artificial race track poses "absolutely no health risks."

https://arcadiahistory.andornot.com/en/permalink/newspaper31190
Newspaper
Pasadena Star News
Date
September 5, 2008
Pages
p. A4
Newspaper
Pasadena Star News
Date
September 5, 2008
Pages
p. A4
Subjects
Artificial turf
California Division of Occupational Safety and Health (Cal/OSHA)
Cushion Track
Pro-Ride Racing
Young, Colin
Item ID
31385AN
Collection
Newspaper Index
Less detail

Canadian billionaire Frank Stronach, who is about to become the sole owner of Santa Anita Park, said he hasn't ruled out talking to developer Rick Caruso about reviving a project to build an outdoor mall in the race track's parking lot. Last week Caruso announced that he is no longer pursuing a development deal with Santa Anita Park's outgoing owner, MI Developments, Inc. (MID), for the upscale Shops at Santa Anita. Stronach is the outgoing chairman of MID.

https://arcadiahistory.andornot.com/en/permalink/newspaper32415
Newspaper
Pasadena Star News
Date
May 28, 2011
Pages
p. A1, A8
Newspaper
Pasadena Star News
Date
May 28, 2011
Pages
p. A1, A8
Subjects
Caruso, Rick
Malls
Santa Anita Park -- parking lot
Shops at Santa Anita
Stronach, Frank
Item ID
32613AN
Collection
Newspaper Index
Less detail

20 records – page 1 of 1.