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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

Opening day at Santa Anita Park stirs memories for Andrea Van de Kamp of Pasadena, shown in photo, with Gino Roncelli, Trinity Roncelli, Bingo Roncelli. History of the Santa Anita Park race track and memories by columnist Patt Diroll.

https://arcadiahistory.andornot.com/en/permalink/newspaper35365
Newspaper
Pasadena Star News
Date
January 7, 2019
Pages
p. A3
Newspaper
Pasadena Star News
Date
January 7, 2019
Pages
p. A3
Subjects
Diroll, Pat
Santa Anita Park
Van de Kamp, Andrea
Item ID
35555AN
Collection
Newspaper Index
Less detail

Developer Rick Caruso of Caruso Affiliated is no longer pursuing a deal with Santa Anita Park owners MI Developments to develop an outdoor mall in the race track's parking lot. The project was known as The Shops at Santa Anita. Caruso said, "We're not pursuing it, because of the (Magna Entertainment Corp.) bankruptcy...and everything else." Arcadia city councilman Mickey Segal said it's a loss of "a projected $2.5 million to $3 million of revenue (each year) to the city" in sales and property tax.

https://arcadiahistory.andornot.com/en/permalink/newspaper32406
Newspaper
Pasadena Star News
Date
May 21, 2011
Pages
p. A1, A6
Newspaper
Pasadena Star News
Date
May 21, 2011
Pages
p. A1, A6
Subjects
Caruso Affiliated
Caruso, Rick
Malls
MI Developments
Santa Anita Park race track parking lot
Shops at Santa Anita
Item ID
32604AN
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 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

MI Developments, the parent company of Santa Anita Park, announced the formation of the Preakness 5.5 bonus program, which could mean an additional $5.5 million for the winning connections of the middle leg of horse racing's Triple Crown in 2011.

https://arcadiahistory.andornot.com/en/permalink/newspaper32158
Newspaper
Pasadena Star News
Date
August 28, 2010
Pages
p. C6
Newspaper
Pasadena Star News
Date
August 28, 2010
Pages
p. C6
Subjects
Horses and horse racing
MI Developments
Santa Anita Park
Item ID
32355AN
Collection
Newspaper Index
Less detail

Santa Anita Park will reduce its work force by merging departments. More than 100 full-time and seasonal positions will be affected--including some layoffs and some full-time positions becoming part-time positions, said Greg Avioli, CEO and President of Stronach Entertainment, the track's parent company. The shift to off-track betting and account wagering has brought less revenue to the race track.

https://arcadiahistory.andornot.com/en/permalink/newspaper32559
Newspaper
Pasadena Star News
Date
October 6, 2011
Pages
p. A1, A4
Newspaper
Pasadena Star News
Date
October 6, 2011
Pages
p. A1, A4
Subjects
Avioli, Greg
Economy
Employees
Haines, George
Horse racing industry
Santa Anita Park--2011-2020
Item ID
32758AN
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

Frank Stronach, chairman of MI Developments, the owner of Santa Anita Park, says he is optimistic his company can work out a new deal with developer Rick Caruso to build an outdoor mall at Santa Anita Park, even though he voided a 2005 joint-venture agreement with Caruso in April to build the Shops at Santa Anita mall in the race track's parking lot.

https://arcadiahistory.andornot.com/en/permalink/newspaper32102
Newspaper
Pasadena Star News
Date
June 24, 2010
Pages
p. A1, A4
Newspaper
Pasadena Star News
Date
June 24, 2010
Pages
p. A1, A4
Subjects
Caruso, Rick
MI Developments
Santa Anita Park--2001-2010
Shops at Santa Anita
Stronach, Frank
Item ID
32299AN
Collection
Newspaper Index
Less detail

New season began at Santa Anita Park on December 26. This season's opening day drew 41,000 fans, a significant increase over last year's turnout and a morale boost for the iconic venue that has been protected by National Registry of Historic Sites since 2006. In order to appeal to a younger crowd, the clubhouse space has been reconfigured, and the strictly reinforced dress code of yesteryear has been eliminated, along with the private Turf Club--now called Turf Terrace and is open to the public. The decor of the Chandelier Room has gone mid-century modern and the Directors' Room can be rented out for private parties. Gene Simmons of rock band KISS is a marketing advisor and the new management policy seems to be "anything goes." (Photos)

https://arcadiahistory.andornot.com/en/permalink/newspaper34060
Newspaper
Pasadena Star News
Date
January 5, 2015
Pages
p. A3

Santa Anita. Head of track dispels rumors. Q & A with Tim Ritvo, COO of Santa Anita’s parent company The Stronach Group.

https://arcadiahistory.andornot.com/en/permalink/newspaper35385
Newspaper
Pasadena Star News
Date
March 8, 2019
Pages
p. B1, B8
Newspaper
Pasadena Star News
Date
March 8, 2019
Pages
p. B1, B8
Subjects
Deaths
Horses and horse racing
Liebau, Jack
Moore, Dennis
Ritvo, Tim
Santa Anita Park-2011-2020
Stronach Group
Item ID
35575AN
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

MI Developments, the new owners of Santa Anita Park, defended canceling Oak Tree Racing Association's lease for fall racing, saying the contract did not account for the true economic cost of running the race track, according to Dennis Mills, vice chairman and chief executive officer of Canada-based MI Developments. On the other hand, Oak Tree's director and executive vice president Sherwood Chillingworth said the race track was getting the better deal, as Santa Anita Park got 75% of Oak Tree's profits. Chillingworth is talking about running Oak Tree at Hollywood Park or Del Mar.

https://arcadiahistory.andornot.com/en/permalink/newspaper32073
Newspaper
Pasadena Star News
Date
May 25, 2010
Pages
p. A1, A6

Santa Anita Park: weather could impact track. Santa Anita Park agrees to California Horse Racing Board (CHRB) demand to cancel horse racing in case of inclement weather during the winter-spring meet that begins December 26. Jockey Joel Rosario is mentioned in this article.Gregory Ferraro, new chairman of the California Horse Racing Board, a former race track veterinarian who was appointed to the board by Governor Gavin Newsom earlier this year, pledged the state board would be pursuing stricter regulations than it has in the past.

https://arcadiahistory.andornot.com/en/permalink/newspaper35612
Newspaper
Pasadena Star News
Date
November 23, 2019
Pages
p. A1, A6

The television cable channel HBO filmed a pilot called "Luck" at Santa Anita Park last spring, starring Dustin Hoffman and Nick Nolte. The writer and producer is David Milch, who also wrote for the "Deadwood" television series. Santa Anita Park officials hope the pilot is picked up as a series. Its exposure on HBO could mean more revenue for the race track.

https://arcadiahistory.andornot.com/en/permalink/newspaper32107
Newspaper
Pasadena Star News
Date
July 4, 2010
Pages
p. A1, A4
Newspaper
Pasadena Star News
Date
July 4, 2010
Pages
p. A1, A4
Subjects
Cable television--Home Box Office (HBO)
Santa Anita Park--2001-2010
Siberell, Pete
Item ID
32304AN
Collection
Newspaper Index
Less detail

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 race track rejects request from state regulator California Horse Racing Board (CHRB) to cancel its last six days of racing this season, in the wake of two more horse deaths over weekend.

https://arcadiahistory.andornot.com/en/permalink/newspaper35524
Newspaper
Pasadena Star News
Date
June 10, 2019
Pages
p. A1, A5

The California Horse Racing Board has approved fall racing's return to Santa Anita Park, in 2011, after a 1-year hiatus, but this time Oak Tree Racing Association will not be running the show. Oak Tree could participate, but would not operate the Directors Room or handle the money raised for the industry.

https://arcadiahistory.andornot.com/en/permalink/newspaper32335
Newspaper
Pasadena Star News
Date
February 18, 2011
Pages
p. A1, A4
Newspaper
Pasadena Star News
Date
February 18, 2011
Pages
p. A1, A4
Subjects
Horses and horse racing
Oak Tree Racing Association
Santa Anita Park--2011-2020
Item ID
32533AN
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

20 records – page 1 of 1.