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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

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

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

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

Magna Entertainment Corp. (MEC) attorney Greg Scoggins appeared before a special meeting of the California Horse Racing Board to explain the impact of its bankruptcy. Track employees and horsemen will likely be protected. Satellite wagering locations that receive 2% commission on bets placed through their facilities will likely have to line up in court with other creditors to collect what is owed to them.

https://arcadiahistory.andornot.com/en/permalink/newspaper31405
Newspaper
Pasadena Star News
Date
March 7, 2009
Pages
p. A1, A8
More detail
Newspaper
Pasadena Star News
Date
March 7, 2009
Pages
p. A1, A8
Subjects
Bankruptcy
Magna Entertainment Corp. (MEC)
Santa Anita Park 2001-2010
Scoggins, Greg
Item ID
31598AN
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

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

More than $1.2 million was bet across the state in the first 11 days that computer and telephone betting was approved in this state. It is known as account wagering. There is no way of telling yet if this is affecting attendance and live betting at Santa Anita Park. Two providers of online betting, XpressBet and TV Games, where approved by the California Horse Racing Board. Xpress Bet is owned by Magna Corp., which owns Santa Anita Park.

https://arcadiahistory.andornot.com/en/permalink/newspaper33441
Newspaper
Arcadia Weekly
Date
February 14, 2002
Pages
p. 9
More detail
Newspaper
Arcadia Weekly
Date
February 14, 2002
Pages
p. 9
Subjects
Gambling
Horses and horse racing
Santa Anita Park-2001-2010
Item ID
33637AN
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 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 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

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

Beginning July 14, Santa Anita Park's main track will be reconstituted with a mixture of Pro-Ride synthetic materials to replace its ill-fated Cushion Track.

https://arcadiahistory.andornot.com/en/permalink/newspaper31062
Newspaper
Pasadena Star News
Date
June 24, 2008
Pages
p. C1
More detail
Newspaper
Pasadena Star News
Date
June 24, 2008
Pages
p. C1
Subjects
Cushion Track
Pro-Ride synthetic surface
Santa Anita Park - 2001-2010
Item ID
31257AN
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

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

The new Oak Tree season began at Santa Anita Park on a new "cushion track" that cost more than $10 million. The article includes photos.

https://arcadiahistory.andornot.com/en/permalink/newspaper30736
Newspaper
Pasadena Star News
Date
September 27, 2007
Pages
p. News 1
More detail
Newspaper
Pasadena Star News
Date
September 27, 2007
Pages
p. News 1
Subjects
Horse racing
Oak Tree racing
Santa Anita Park - 2001-2010
Item ID
30924AN
Collection
Newspaper Index
Less detail

Although The Pamplemousse and Pioneer of the Nile are favored to win the Santa Anita Derby, a third choice, Chocolate Candy, could cause an upset. Chocolate Candy is the son of Candy Ride. Chocolate Candy is owned by Jenny Craig and trained by Jerry Hollendorfer.

https://arcadiahistory.andornot.com/en/permalink/newspaper31425
Newspaper
Pasadena Star News
Date
April 4, 2009
Pages
p. C1, C4
More detail
Newspaper
Pasadena Star News
Date
April 4, 2009
Pages
p. C1, C4
Subjects
Chocoate Candy (race horse)
Craig, Jenny
Hollendorfer, Jerry
Horses and horse racing
Pioneer of the Nile (race horse) - also spelled Pioneerof the Nile
Santa Anita Derby
Santa Anita Park - 2001-2010
The Pamplemousse (race horse)
Item ID
31618AN
Collection
Newspaper Index
Less detail

Developer Rick Caruso's $400 million open-air mall at the Santa Anita Park race track may be stiff competition for retailers at Westfield Shoppingtown. City leaders hope the two malls can coexist.

https://arcadiahistory.andornot.com/en/permalink/newspaper29467
Newspaper
Pasadena Star News
Date
April 11, 2005
Pages
p. A1
More detail
Newspaper
Pasadena Star News
Date
April 11, 2005
Pages
p. A1
Subjects
Westfield Santa Anita - 2001-2010
Business and Industry
Caruso, Rick
Malls
Item ID
29652AN
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

City councils from Arcadia and Sierra Madre met in a joint session to discuss federal lobbying efforts, the Gold Line Rail project, water and open space.

https://arcadiahistory.andornot.com/en/permalink/newspaper30486
Newspaper
Arcadia Weekly
Date
July 11, 2002
Pages
p. 9
More detail
Newspaper
Arcadia Weekly
Date
July 11, 2002
Pages
p. 9
Subjects
Arcadia City Council - 2001-2010
Sierra Madre City Council
Item ID
30673AN
Collection
Newspaper Index
Less detail

20 records – page 1 of 1.