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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

Mayor Gary Kovacic and Mayor Pro Tem Mickey Segal will represent the City Council in future talks with Santa Anita Park owner Frank Stronach.

https://arcadiahistory.andornot.com/en/permalink/newspaper27766
Newspaper
Arcadia Weekly
Date
December 7, 2000
Pages
p. 1
Newspaper
Arcadia Weekly
Date
December 7, 2000
Pages
p. 1
Subjects
Santa Anita Park - 1991-2000
Mayors - Kovacic, Gary
Segal, Mickey
Stronach, Frank
Item ID
27963AN
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

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

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
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

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

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

City clarifies concerns about the Santa Anita Park expansion plans.

https://arcadiahistory.andornot.com/en/permalink/newspaper27768
Newspaper
Arcadia Weekly
Date
December 21, 2000
Pages
p. 1
Newspaper
Arcadia Weekly
Date
December 21, 2000
Pages
p. 1
Subjects
Santa Anita Park - 1991-2000
Item ID
27965AN
Collection
Newspaper Index
Less detail

A total of 83 days of racing will be offered with the start of the winter racing season at Santa Anita Park.

https://arcadiahistory.andornot.com/en/permalink/newspaper27769
Newspaper
Arcadia Weekly
Date
December 21, 2000
Pages
p. 1
Newspaper
Arcadia Weekly
Date
December 21, 2000
Pages
p. 1
Subjects
Santa Anita Park - 1991-2000
Item ID
27966AN
Collection
Newspaper Index
Less detail

Santa Anita Park set new all-time records for handle and total purses paid with outstanding attendance for the season when the weather cooperated.

https://arcadiahistory.andornot.com/en/permalink/newspaper27504
Newspaper
Arcadia Weekly
Date
April 27, 2000
Pages
p. 1
Newspaper
Arcadia Weekly
Date
April 27, 2000
Pages
p. 1
Subjects
Santa Anita Park - 1991-2000
Item ID
27702AN
Collection
Newspaper Index
Less detail

Santa Anita Park race track requested that the City Council delay acting on legislation that would govern its nighttime operations. Public hearings will be held so that the track's stance can be explained to neighboring homeowners.

https://arcadiahistory.andornot.com/en/permalink/newspaper27460
Newspaper
Arcadia Weekly
Date
April 6, 2000
Pages
p. 1
Newspaper
Arcadia Weekly
Date
April 6, 2000
Pages
p. 1
Subjects
Santa Anita Park - 1991-2000
Item ID
27657AN
Collection
Newspaper Index
Less detail

The latest version of a plan to expand operations at Santa Anita Park race track is being reviewed.

https://arcadiahistory.andornot.com/en/permalink/newspaper27709
Newspaper
Arcadia Weekly
Date
October 5, 2000
Pages
p. 1
Newspaper
Arcadia Weekly
Date
October 5, 2000
Pages
p. 1
Subjects
Santa Anita Park - 1991-2000
Renovations
Item ID
27906AN
Collection
Newspaper Index
Less detail

The City Council reviews changes that would allow Santa Anita Park race track to operate the Frontrunner Restaurant and big screen TV year around and to allow for satellite TV wagering until 1:30 a.m. seven days a week.

https://arcadiahistory.andornot.com/en/permalink/newspaper27434
Newspaper
Arcadia Weekly
Date
March 9, 2000
Pages
p. 1
Newspaper
Arcadia Weekly
Date
March 9, 2000
Pages
p. 1
Subjects
Santa Anita Park - 1991-2000
Item ID
27631AN
Collection
Newspaper Index
Less detail

The city reviewed the Santa Anita Park race track plans for renovations and has sent the plans back with questions.

https://arcadiahistory.andornot.com/en/permalink/newspaper27715
Newspaper
Arcadia Weekly
Date
October 26, 2000
Pages
p. 1
Newspaper
Arcadia Weekly
Date
October 26, 2000
Pages
p. 1
Subjects
Santa Anita Park - 1991-2000
Renovations
Item ID
27912AN
Collection
Newspaper Index
Less detail

Arcadia City Council gave a first reading to the ordinance that will allow night time activities at Santa Anita Park race track.

https://arcadiahistory.andornot.com/en/permalink/newspaper27512
Newspaper
Arcadia Weekly
Date
May 18, 2000
Pages
p. 1
Newspaper
Arcadia Weekly
Date
May 18, 2000
Pages
p. 1
Subjects
Ordinances
Santa Anita Park - 1991-2000
Item ID
27710AN
Collection
Newspaper Index
Less detail

The City Council gave a first reading to an ordinance that would allow the FrontRunner restaurant at Santa Anita Park race track to be open year round instead of just during the race season.

https://arcadiahistory.andornot.com/en/permalink/newspaper27454
Newspaper
Arcadia Weekly
Date
March 23, 2000
Pages
p. 1
Newspaper
Arcadia Weekly
Date
March 23, 2000
Pages
p. 1
Subjects
Ordinances
Santa Anita Park - 1991-2000
Item ID
27651AN
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
Newspaper
Pasadena Star News
Date
March 11, 2004
Pages
p. A3
Subjects
Stronach, Belinda
Item ID
28038AN
Collection
Newspaper Index
Less detail

The Oak Tree Racing Association will begin its 32nd season October 4, opening a 29-day meet at Santa Anita Park race track.

https://arcadiahistory.andornot.com/en/permalink/newspaper27705
Newspaper
Arcadia Weekly
Date
September 28, 2000
Pages
p. 1
Newspaper
Arcadia Weekly
Date
September 28, 2000
Pages
p. 1
Subjects
Oak Tree Racing Association
Santa Anita Park - 1991-2000
Item ID
27902AN
Collection
Newspaper Index
Less detail

Arcadia's officials, harboring "serious concerns" about a massive expansion plan for the Santa Anita Park property, want to meet with owner Frank Stronach. An artist's rendering of the proposal is included.

https://arcadiahistory.andornot.com/en/permalink/newspaper20158
Newspaper
Pasadena Star News
Date
December 20, 2000
Pages
p. A3 w/rendering
Newspaper
Pasadena Star News
Date
December 20, 2000
Pages
p. A3 w/rendering
Subjects
Santa Anita Park
Item ID
20390AN
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
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

20 records – page 1 of 1.