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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

Council member Gino Roncelli is unable to vote on race track decisions due to a conflict of interest. Some rival candidates for council question whether he should run for re-election.

https://arcadiahistory.andornot.com/en/permalink/newspaper18611
Newspaper
Pasadena Star News
Date
March 31, 2000
Pages
p. 1 w/photo
More detail
Newspaper
Pasadena Star News
Date
March 31, 2000
Pages
p. 1 w/photo
Subjects
City Council, Elections - 2000
Roncelli, Gino
Item ID
18855AN
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

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

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

Opening day of the 72nd season of thoroughbred racing at Santa Anita Park Race Track brings out Arcadia officials and locals.

https://arcadiahistory.andornot.com/en/permalink/newspaper31338
Newspaper
Pasadena Star News
Date
December 30, 2008
Pages
p. A27 w/photos
More detail
Newspaper
Pasadena Star News
Date
December 30, 2008
Pages
p. A27 w/photos
Subjects
Chandler, Roger
Chillingworth, Sherwood
Harbicht, Bob
Harbicht, Patsy
Horse racing
Penman, Don
Roncelli, Bingo
Roncelli, Gino
Santa Anita Park - 2001-2010
Item ID
31533AN
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 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

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

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

There are seven people running for two seats in the April 11 Arcadia City Council election: Sheng Chang, Charles "Chuck" Chivetta, Mary Dougherty, Vincent J. Foley, John S. MacDonnell, Gino Roncelli and Mark "Mickey" Segal.

https://arcadiahistory.andornot.com/en/permalink/newspaper18744
Newspaper
Pasadena Star News
Date
April 8, 2000
Pages
p. A3 w / photos
More detail
Newspaper
Pasadena Star News
Date
April 8, 2000
Pages
p. A3 w / photos
Subjects
City Council - Elections, 2000
Chang, Sheng
Chivetta, Charles "Chuck"
Dougherty, Mary
Foley, Vincent J.
MacDonnell, John S.
Roncelli, Gino
Segal, Mark "Mickey"
Item ID
18988AN
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

Magna Entertainment Corp, owner of Santa Anita Park, is the plaintiff in a lawsuit filed against the State of California. The lawsuit alleges that the compacts between Governor Schwarzenegger and five Indian tribes is illegal.

https://arcadiahistory.andornot.com/en/permalink/newspaper29137
Newspaper
Pasadena Star News
Date
September 18, 2004
Pages
p. A3
More detail
Newspaper
Pasadena Star News
Date
September 18, 2004
Pages
p. A3
Subjects
Magna Entertainment Corp.
Santa Anita Park
Lawsuits
Gaming
Slots
Native American tribes
Item ID
29322AN
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 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
More detail
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

Santa Anita Park race track opened on Christmas Day, 1934. It now celebrates its 70th year. The article recaps the history of the race track.

https://arcadiahistory.andornot.com/en/permalink/newspaper29357
Newspaper
Pasadena Star News
Date
December 26, 2004
Pages
p. A3
More detail
Newspaper
Pasadena Star News
Date
December 26, 2004
Pages
p. A3
Subjects
Santa Anita Park race track - 70th Anniversary
Santa Anita Park 2001 - 2010
Anniversaries
Horse racing history
Strub, Dr. Charles
Seabiscuit
Shoemaker, Willie
Item ID
29541AN
Collection
Newspaper Index
Less detail

Oak Tree Racing has begun at Santa Anita Park. Opening day drew a crowd of 17,239, a number that slightly eclipsed last year's opening day attendance, but the on-track handle of $1.88 million fell by about $315,000 compared to last year's opening day.

https://arcadiahistory.andornot.com/en/permalink/newspaper31732
Newspaper
Pasadena Star News
Date
October 1, 2009
Pages
p. A1
More detail
Newspaper
Pasadena Star News
Date
October 1, 2009
Pages
p. A1
Subjects
Oak Tree racing
Santa Anita Park - 2001-2010
Item ID
31929AN
Collection
Newspaper Index
Less detail

Celebrity and super model Tyra Banks' television show "Top Model" did a photo shoot at Santa Anita Park Race Track, using semi-nude models. Pete Siberell, Director of Community Service at Santa Anita Park, described it as "kinda sleazy."

https://arcadiahistory.andornot.com/en/permalink/newspaper31720
Newspaper
Pasadena Star News
Date
September 21, 2009
Pages
p. A3
More detail
Newspaper
Pasadena Star News
Date
September 21, 2009
Pages
p. A3
Subjects
Banks, Tyra
Models
Television shows
Item ID
31917AN
Collection
Newspaper Index
Less detail

Westfield Group has nominated Santa Anita Park to the National Register of Historic Places, claiming development plans by Caruso Affiliated constitute a threat to the racetrack. Magna Entertainment, owner of the race track, would have to agree to the track being placed on the register. However, placement on the list would not restrict development on the site.

https://arcadiahistory.andornot.com/en/permalink/newspaper29789
Newspaper
Pasadena Star News
Date
November 24, 2005
Pages
p. A1, A6
More detail
Newspaper
Pasadena Star News
Date
November 24, 2005
Pages
p. A1, A6
Subjects
Caruso Affiliated
Magna Entertainment
Mall war
National landmarks
National Register of Historic Places
Preservation
Santa Anita Park race track
Westfield Group
Item ID
29974AN
Collection
Newspaper Index
Less detail

20 records – page 1 of 1.