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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
More detail
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
More detail
Newspaper
Pasadena Star News
Date
December 11, 1998
Pages
p. A1
Subjects
Santa Anita Park
Item ID
16935AN
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
More detail
Newspaper
Arcadia Weekly
Date
December 17, 1998
Pages
p. 1
Subjects
Santa Anita Park -1991-2000
Item ID
26684AN
Collection
Newspaper Index
Less detail

International businessman Fank Stronach has announced that he is purchasing Santa Anita Park from Meditrust.

https://arcadiahistory.andornot.com/en/permalink/newspaper16030
Newspaper
Pasadena Star News
Date
November 13, 1998
Pages
p. A1 w/photo
More detail
Newspaper
Pasadena Star News
Date
November 13, 1998
Pages
p. A1 w/photo
Subjects
Santa Anita Park
Item ID
16787AN
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
More detail
Newspaper
Pasadena Star News
Date
November 30, 1998
Pages
p. A1
Subjects
Santa Anita Park
Item ID
16846AN
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
More detail
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

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

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
More detail
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

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

Conceptual plans for Santa Anita Park were unveiled by Frank Stronach, owner of Santa Anita race track.

https://arcadiahistory.andornot.com/en/permalink/newspaper26974
Newspaper
Arcadia Weekly
Date
July 22, 1999
Pages
p. 1
More detail
Newspaper
Arcadia Weekly
Date
July 22, 1999
Pages
p. 1
Subjects
Santa Anita Park - 1991-2000
Item ID
27173AN
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

Santa Anita Park president Jack Liebau recently resigned because of disagreements with Magna Entertainment's Frank Stronach over the direction the track is headed.

https://arcadiahistory.andornot.com/en/permalink/newspaper27465
Newspaper
Pasadena Star News
Date
January 28, 2004
Pages
p. C1
More detail
Newspaper
Pasadena Star News
Date
January 28, 2004
Pages
p. C1
Subjects
Santa Anita Park 2001 - 2010
Liebau, Jack
Item ID
27662AN
Collection
Newspaper Index
Less detail

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

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
More detail
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

Saturday marked the first season at Santa Anita Park under new owner Frank Stronach. 42, 348 people attended opening day.

https://arcadiahistory.andornot.com/en/permalink/newspaper16193
Newspaper
Pasadena Star News
Date
December 27, 1998
Pages
p. A1 w/photo
More detail
Newspaper
Pasadena Star News
Date
December 27, 1998
Pages
p. A1 w/photo
Subjects
Santa Anita Park
Item ID
16939AN
Collection
Newspaper Index
Less detail

Starting this spring, the new owner of Santa Anita Park, Frank Stronach, is planning the first of what will likely be massive renovations to the horse racing facility.

https://arcadiahistory.andornot.com/en/permalink/newspaper16664
Newspaper
Pasadena Star News
Date
April 6, 1999
Pages
p. A1
More detail
Newspaper
Pasadena Star News
Date
April 6, 1999
Pages
p. A1
Subjects
Santa Anita Park
Item ID
17448AN
Collection
Newspaper Index
Less detail

Westfield America Inc. has closed a deal with TrizecHahn Corp. to buy a 40 percent interest in Santa Anita Fashion Park.

https://arcadiahistory.andornot.com/en/permalink/newspaper15321
Newspaper
Pasadena Star News
Date
September 29, 1998
Pages
p. A1
More detail
Newspaper
Pasadena Star News
Date
September 29, 1998
Pages
p. A1
Subjects
Santa Anita Fashion Park
Item ID
15880AN
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
More detail
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

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

In a strongly worded letter to Canadian mogul Frank Stronach, Arcadia city officials urged Santa Anita Park's owner to work with developer Rick Caruso and finish the proposed upscale Shops at Santa Anita mall project that has been in the works for the last five years. Stronach's MI Developments (MID) voided its contract with Caruso following bankruptcy restructuring at Santa Anita Park. In a further flexing of city muscle, the letter stated that it "looks forward to working with the race track in future projects that require City approval."

https://arcadiahistory.andornot.com/en/permalink/newspaper32069
Newspaper
Pasadena Star News
Date
May 19, 2010
Pages
p. A4
More detail
Newspaper
Pasadena Star News
Date
May 19, 2010
Pages
p. A4
Subjects
Bankruptcy
Caruso Affiliated
Caruso, Rick
MI Developments (MID)
Santa Anita Park--2001-2010--development
Shopping malls
Shops at Santa Anita
Stronach, Frank
Item ID
32266AN
Collection
Newspaper Index
Less detail

20 records – page 1 of 1.