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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

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
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

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
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'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

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 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
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
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

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
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

A profile on Noble Threewitt, 92, who still trains horses at Santa Anita Park.

https://arcadiahistory.andornot.com/en/permalink/newspaper25298
Newspaper
Pasadena Star News
Date
March 11, 2003
Pages
p. C1
Newspaper
Pasadena Star News
Date
March 11, 2003
Pages
p. C1
Subjects
Santa Anita Park - 2001-2010
Threewitt, Noble
Item ID
25496AN
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
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 cancelled horse racing Monday for the third consecutive day after 7-1/2-inches of rain fell on its Cushion Track, creating drainage problems.

https://arcadiahistory.andornot.com/en/permalink/newspaper30881
Newspaper
Pasadena Star News
Date
January 8, 2008
Pages
p. News 1
Newspaper
Pasadena Star News
Date
January 8, 2008
Pages
p. News 1
Subjects
Charles, Ron
Cushion Track
Horse racing
Rain
Santa Anita Park - 2001-2010
Item ID
31069AN
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
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

Santa Anita Park owner Frank Stronach is coming to town this weekend to meet with local horsemen to talk about the state of the sport. He'll also meet with an engineer to discuss the pros and cons of a proposed new racing surface consisting of dirt, sand, and a small amount of fiber. He says it is a very safe surface. The question remains, who will foot the bill for it, since Stronach's Magna Entertainment Corporation (MEC) filed for Chapter 11 bankruptcy last year.

https://arcadiahistory.andornot.com/en/permalink/newspaper31914
Newspaper
Pasadena Star News
Date
February 26, 2010
Pages
p. C1

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
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

Telephone and online wagering was approved by the California Horse Racing Board on Thursday. Now gamblers may place bets at Santa Anita Park from home.

https://arcadiahistory.andornot.com/en/permalink/newspaper22671
Newspaper
Pasadena Star News
Date
January 26, 2002
Pages
p. A1
Newspaper
Pasadena Star News
Date
January 26, 2002
Pages
p. A1
Subjects
Santa Anita Park - 2001-2010
Item ID
22883AN
Collection
Newspaper Index
Less detail

Judge James C. Chalfant stands by his July decision that the environmental impact report (EIR) that Arcadia officials relied upon in approving the mall was faulty in 11 areas and that it would have to be revised before the Caruso mall project, proposed for the Santa Anita Park race track parking lot, known as the Shops at Santa Anita, can move forward.

https://arcadiahistory.andornot.com/en/permalink/newspaper31243
Newspaper
Pasadena Star News
Date
September 30, 2008
Pages
p. A1, A5

Race horse "Sangaree", with jockey Martin Garcia, won yesterday's $60,350 Joe Hernandez Stakes at Santa Anita Park.

https://arcadiahistory.andornot.com/en/permalink/newspaper31927
Newspaper
Pasadena Star News
Date
March 8, 2010
Pages
p. B7 w/photo
Newspaper
Pasadena Star News
Date
March 8, 2010
Pages
p. B7 w/photo
Subjects
Baffert, Bob
Garcia, Martin
Horses and horse racing
Santa Anita Park - 2001-2010
Item ID
32124AN
Collection
Newspaper Index
Less detail

A drainage problem forced the cancellation of horse racing at Santa Anita Park since three inches of rain fell yesterday. The track has had to cancel racing 12 times since the synthetic track was installed two years ago. In 2006, the California Horse Racing Board banned dirt surfaces from thoroughbred tracks. Santa Anita Park has tried two synthetic tracks but the surfaces have not worked out. Officials announced they will replace the synthetic surface before the Oak Tree Meet in the fall.

https://arcadiahistory.andornot.com/en/permalink/newspaper31866
Newspaper
Pasadena Star News
Date
January 19, 2010
Pages
p. A1
Newspaper
Pasadena Star News
Date
January 19, 2010
Pages
p. A1
Subjects
Santa Anita Park - 2001-2010
Synthetic track
Rain
Weather
Item ID
32063AN
Collection
Newspaper Index
Less detail

The race horse "Return of the King" with jockey Martin Pedroza, won a race at Santa Anita Park. The horse belonged to the Ortega family, some of whom were killed by Bruce Pardo in a Christmas Eve massacre in Covina.

https://arcadiahistory.andornot.com/en/permalink/newspaper31355
Newspaper
Pasadena Star News
Date
January 9, 2009
Pages
p. A1

A court hearing today will provide clarification on Judge James Chalfant's July ruling that stopped progress on an upscale mall proposed by developer Rick Caruso at the Santa Anita Park parking lot. The proposed mall is known as the Shops at Santa Anita. In July, Judge Chalfant ruled that the environmental impact report (EIR) that Arcadia officials relied upon in approving the mall was faulty in 11 areas and would have to be revised before the project can move forward. Chalfant could modify his ruling today, or allow the existing ruling to become final judgment.

https://arcadiahistory.andornot.com/en/permalink/newspaper31242
Newspaper
Pasadena Star News
Date
September 29, 2008
Pages
p. A1, A8

20 records – page 1 of 1.