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20 records – page 1 of 1.

International businessman and horse owner Frank Stronach confirmed Tuesday that he and Meditrust, the parent company of Santa Anita Park, have signed a letter of intent under which he will buy the race track.

https://arcadiahistory.andornot.com/en/permalink/newspaper16087
Newspaper
Pasadena Star News
Date
November 11, 1998
Pages
p. A1
Newspaper
Pasadena Star News
Date
November 11, 1998
Pages
p. A1
Subjects
Santa Anita Park
Item ID
16845AN
Collection
Newspaper Index
Less detail

Frank Stronach, founder and chairman of the board of Magna International Inc., is buying Santa Anita Park from Meditrust. The $126 million purchase is expected to close today.

https://arcadiahistory.andornot.com/en/permalink/newspaper16189
Newspaper
Pasadena Star News
Date
December 11, 1998
Pages
p. A1
Newspaper
Pasadena Star News
Date
December 11, 1998
Pages
p. A1
Subjects
Santa Anita Park
Item ID
16935AN
Collection
Newspaper Index
Less detail

Businessman Frank Stronach, who announced he is buying Santa Anita Park, has stated that his vision for developing the land is drastically different than Santa Anita's current proposal.

https://arcadiahistory.andornot.com/en/permalink/newspaper16088
Newspaper
Pasadena Star News
Date
November 30, 1998
Pages
p. A1
Newspaper
Pasadena Star News
Date
November 30, 1998
Pages
p. A1
Subjects
Santa Anita Park
Item ID
16846AN
Collection
Newspaper Index
Less detail

Multibillion dollar businessman and horse owner, Frank Stronach, has signed a letter of intent for his auto systems company, Magna International Inc., to buy Santa Anita Park

https://arcadiahistory.andornot.com/en/permalink/newspaper16086
Newspaper
Pasadena Star News
Date
November 15, 1998
Pages
p. C1 photos
Pasadena Star News
Newspaper
Pasadena Star News
Date
November 15, 1998
Pages
p. C1 photos
Pasadena Star News
Subjects
Santa Anita Park
Item ID
16844AN
Collection
Newspaper Index
Less detail

Santa Anita Park has been purchased by Frank Stronach for $126 million through MI Development, the real estate, entertainment unit of Magna International Inc., Canada's largest auto-parts manufacturer, of which Stronach is chairman.

https://arcadiahistory.andornot.com/en/permalink/newspaper26483
Newspaper
Arcadia Weekly
Date
December 17, 1998
Pages
p. 1
Newspaper
Arcadia Weekly
Date
December 17, 1998
Pages
p. 1
Subjects
Santa Anita Park -1991-2000
Item ID
26684AN
Collection
Newspaper Index
Less detail

Westfield America Inc. announced yesterday that it will buy an additional 50 percent interest in Westfield Shoppingtown Santa Anita Fashion Park from Meditrust, giving it nearly 90 percent ownership.

https://arcadiahistory.andornot.com/en/permalink/newspaper16194
Newspaper
Pasadena Star News
Date
December 29, 1998
Pages
p. B5
Newspaper
Pasadena Star News
Date
December 29, 1998
Pages
p. B5
Subjects
Santa Anita Park
Item ID
16940AN
Collection
Newspaper Index
Less detail

Canadian industrialist Frank Stronach unveiled the second phase of his dream to turn Santa Anita Park into an international landmark.

https://arcadiahistory.andornot.com/en/permalink/newspaper17096
Newspaper
Pasadena Star News
Date
July 17, 1999
Pages
p. A1
Newspaper
Pasadena Star News
Date
July 17, 1999
Pages
p. A1
Subjects
Santa Anita Park, 1991-2000
Item ID
14527AN
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
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

Investors and horseracing interests are lining up to buy Santa Anita Park only one year after it was purchased by Meditrust.

https://arcadiahistory.andornot.com/en/permalink/newspaper15847
Newspaper
Pasadena Star News
Date
October 28, 1998
Pages
p. A1
Newspaper
Pasadena Star News
Date
October 28, 1998
Pages
p. A1
Subjects
Santa Anita Park
Item ID
16604AN
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

Santa Anita Park race track sold to Frank Stronach, a Canadian billionaire businessman and horse owner. The property is valuable to the city for sales tax reasons.

https://arcadiahistory.andornot.com/en/permalink/newspaper26451
Newspaper
Arcadia Weekly
Date
November 19, 1998
Pages
p. 1
Newspaper
Arcadia Weekly
Date
November 19, 1998
Pages
p. 1
Subjects
Santa Anita Park - 1991-2000
Stronach, Frank
Item ID
26676AN
Collection
Newspaper Index
Less detail

Santa Anita Park race track entertainment development has been put on hold now that the property may be sold by Meditrust.

https://arcadiahistory.andornot.com/en/permalink/newspaper26423
Newspaper
Arcadia Weekly
Date
November 5, 1998
Pages
p. 1
Newspaper
Arcadia Weekly
Date
November 5, 1998
Pages
p. 1
Subjects
Santa Anita Park - 1991-2000
Meditrust
Item ID
26623AN
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

Meditrust and the Santa Anita Companies jointly announced a definitive merger agreement designed to maximize value for shareholders.

https://arcadiahistory.andornot.com/en/permalink/newspaper25817
Newspaper
Arcadia Weekly
Date
April 17, 1997
Pages
p. 1
Newspaper
Arcadia Weekly
Date
April 17, 1997
Pages
p. 1
Subjects
Santa Anita Companies
Meditrust
Item ID
26017AN
Collection
Newspaper Index
Less detail

Representatives of the National Trust for Historic Preservation announced that Santa Anita Park race track has been named to their list of the country's most endangered historic places. Efforts mount to preserve Santa Anita's architectural integrity.

https://arcadiahistory.andornot.com/en/permalink/newspaper27676
Newspaper
Arcadia Weekly
Date
June 29, 2000
Pages
p. 1
Newspaper
Arcadia Weekly
Date
June 29, 2000
Pages
p. 1
Subjects
Santa Anita Park - 1991-2000
Preservation
Item ID
27873AN
Collection
Newspaper Index
Less detail

Meditrust will be selling Santa Anita Park race track at a lower price than the $400 million purchase price about a year ago. Due to laws changing in July, tax advantages are no longer available.

https://arcadiahistory.andornot.com/en/permalink/newspaper26421
Newspaper
Arcadia Weekly
Date
October 29, 1998
Pages
p. 1
Newspaper
Arcadia Weekly
Date
October 29, 1998
Pages
p. 1
Subjects
Santa Anita Park - 1991-2000
Meditrust
Item ID
26621AN
Collection
Newspaper Index
Less detail

City officials met with new Santa Anita Park owner Frank Stronach to discuss his plans for the race track. He wants to build a retail and entertainment village and an interactive horse racing theme park.

https://arcadiahistory.andornot.com/en/permalink/newspaper16191
Newspaper
Pasadena Star News
Date
December 16, 1998
Pages
p. A1
Newspaper
Pasadena Star News
Date
December 16, 1998
Pages
p. A1
Subjects
Santa Anita Park
Item ID
16937AN
Collection
Newspaper Index
Less detail

Santa Anita Park owner Frank Stronach met with about a dozen horse trainers to discuss the track's racing surface. Stronach announced that he would not replace the synthetic Pro-Ride track yet, but will stick with it until he gets the ability to run the track with less state regulations. He wants free enterprise, which he may never get. In the meantime, drainage problems and injuries persist on the synthetic track. Stronach said he'd be back in April to discuss the issue more.

https://arcadiahistory.andornot.com/en/permalink/newspaper31919
Newspaper
Pasadena Star News
Date
March 2, 2010
Pages
p. B1

Canadian industrialist Frank Stronach bought Santa Anita Park for $126 million in cash Friday, and said he will share plans with the city later this month to spend roughly half that amount on improvements.

https://arcadiahistory.andornot.com/en/permalink/newspaper16190
Newspaper
Pasadena Star News
Date
December 12, 1998
Pages
p. A3
Newspaper
Pasadena Star News
Date
December 12, 1998
Pages
p. A3
Subjects
Santa Anita Park
Item ID
16936AN
Collection
Newspaper Index
Less detail

Bit by bit, Frank Stronach's plans for transforming Santa Anita Park are coming into focus.

https://arcadiahistory.andornot.com/en/permalink/newspaper16192
Newspaper
Pasadena Star News
Date
December 17, 1998
Pages
p. A1
Newspaper
Pasadena Star News
Date
December 17, 1998
Pages
p. A1
Subjects
Santa Anita Park
Item ID
16938AN
Collection
Newspaper Index
Less detail

20 records – page 1 of 1.