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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

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 Corporation, owners of Santa Anita Park race track, is bidding to purchase the September race dates at the Los Angeles County Fair for September 13-29. The Breeders Cup will be returning to Santa Anita Park next October after a gap of ten years.

https://arcadiahistory.andornot.com/en/permalink/newspaper30231
Newspaper
Arcadia Weekly
Date
April 25, 2002
Pages
p. 1
More detail
Newspaper
Arcadia Weekly
Date
April 25, 2002
Pages
p. 1
Subjects
Breeders Cup
Horse racing
Los Angeles County Fair
Santa Anita Park - 2001-2010
Item ID
30418AN
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

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

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

Trainers and owners found to have sent injured or retired racehorses to slaughter will be banned from running or stabling horses at Santa Anita Park under a new policy from Magna Entertainment Corporation. Santa Anita Park President Ron Charles hopes to ensure the safety of its racehorses by monitoring injured or retired horses and keeping dealers known to sell horses for slaughter off the property. The policy was entered into the track's horseman's agreement, which governs racing terms and conditions.

https://arcadiahistory.andornot.com/en/permalink/newspaper31307
Newspaper
Pasadena Star News
Date
December 1, 2008
Pages
p. A1, A4
More detail
Newspaper
Pasadena Star News
Date
December 1, 2008
Pages
p. A1, A4
Subjects
Charles, Ron
Gray, Leigh
Horses and horse racing
Magna Entertainment Corporation
Safety policies
Santa Anita Park - 2001-2010
Thoroughbred Rehab Center
Item ID
31502AN
Collection
Newspaper Index
Less detail

Santa Anita Park race track president Ron Charles discusses drainage problems in the Cushion Track and promises that opening day will go on as scheduled.

https://arcadiahistory.andornot.com/en/permalink/newspaper30850
Newspaper
Pasadena Star News
Date
December 15, 2007
Pages
p. Sports 1
More detail
Newspaper
Pasadena Star News
Date
December 15, 2007
Pages
p. Sports 1
Subjects
Charles, Ron
Cushion Track
Santa Anita Park - 2001-2010
Item ID
31038AN
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
More detail
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

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

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

Developers are spurring the City to approve a 1.5 million square foot entertainment complex at Santa Anita Park race track.

https://arcadiahistory.andornot.com/en/permalink/newspaper4844
Newspaper
Pasadena Star News
Date
August 7, 1995
Pages
p. A1
More detail
Newspaper
Pasadena Star News
Date
August 7, 1995
Pages
p. A1
Subjects
Santa Anita Entertainment Center
Item ID
4720AN
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

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

The movie Seabiscuit concludes filming at Santa Anita Park race track this week. A photo shows Arcadia Mayor Gail Marshall, with Arlene Marshall, Ron Kourg and Carl Cobb.

https://arcadiahistory.andornot.com/en/permalink/newspaper30768
Newspaper
Arcadia Weekly
Date
December 19, 2002
Pages
p. 1
More detail
Newspaper
Arcadia Weekly
Date
December 19, 2002
Pages
p. 1
Subjects
Cobb, Carl
Hillenbrand, Laura
Kourg, Ron
Marshall, Arlene
Marshall, Gail
Santa Anita Park - 2001-2010
Seabiscuit - Film
Universal Studios
Item ID
30956AN
Collection
Newspaper Index
Less detail

Lava Man, with exercise rider Tony Romero, takes a jog on the Santa Anita Park race track's new surface, a Cushion Track that cost more than $10 million.

https://arcadiahistory.andornot.com/en/permalink/newspaper30706
Newspaper
Pasadena Star News
Date
September 5, 2007
Pages
p. Sports 1
More detail
Newspaper
Pasadena Star News
Date
September 5, 2007
Pages
p. Sports 1
Subjects
Cushion Track
Horses and horse racing
Lava Man
Santa Anita Park - 2001-2010
Item ID
30894AN
Collection
Newspaper Index
Less detail

Santa Anita Park's current Pro-Ride synthetic track surface will be replaced with a dirt track after the Oak Tree meet ends October 31 and before Santa Anita Park's winter-spring season starts December 26, 2010. Frank Stronach said it will cost about $6 million to install.

https://arcadiahistory.andornot.com/en/permalink/newspaper32142
Newspaper
Pasadena Star News
Date
August 19, 2010
Pages
p. A1, A4
More detail
Newspaper
Pasadena Star News
Date
August 19, 2010
Pages
p. A1, A4
Subjects
Horses and horse racing
Santa Anita Park-2001-2010
Stronach, Frank
Synthetic track
Item ID
32339AN
Collection
Newspaper Index
Less detail

Santa Anita Park has come up with two options to solve its drainage issues caused by the Cushion Track. Santa Anita Park president Ron Charles will announce his decision Thursday. Santa Anita had to cancel three consecutive days of horse racing for the first time in its 71-year history, due to heavy rainfall.

https://arcadiahistory.andornot.com/en/permalink/newspaper30885
Newspaper
Pasadena Star News
Date
January 9, 2008
Pages
p. News 1
More detail
Newspaper
Pasadena Star News
Date
January 9, 2008
Pages
p. News 1
Subjects
Cushion Track
Horse racing - history
Santa Anita Park - 2001-2010
Item ID
31073AN
Collection
Newspaper Index
Less detail

A profile of Wayne Lucas, horse trainer at Santa Anita Park race track.

https://arcadiahistory.andornot.com/en/permalink/newspaper26655
Newspaper
Pasadena Star News
Date
October 22, 2003
Pages
p. C1
More detail
Newspaper
Pasadena Star News
Date
October 22, 2003
Pages
p. C1
Subjects
Santa Anita Park - 2001-2010
Lucas, Wayne
Item ID
26857AN
Collection
Newspaper Index
Less detail

George Haines, the interim president of Santa Anita Park since Ron Charles resigned, will soon be named president. He takes the reins at a time of uncertainty and change at the track and in the horse racing industry. Some of the issues and challenges that Haines will face are discussed. Haines is 55 years old and started working for Santa Anita Park in 1972.

https://arcadiahistory.andornot.com/en/permalink/newspaper32074
Newspaper
Pasadena Star News
Date
May 26, 2010
Pages
p. A1, A5
More detail
Newspaper
Pasadena Star News
Date
May 26, 2010
Pages
p. A1, A5
Subjects
Haines, George
Horse racing industry
Santa Anita Park--2001-2010
Item ID
32271AN
Collection
Newspaper Index
Less detail

20 records – page 1 of 1.