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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'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

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

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, 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

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

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

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

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

Bill Kelly, City Manager, says the city is doing fine in its budget projections. The city may have a budget surplus of over $3.7 million on June 30.

https://arcadiahistory.andornot.com/en/permalink/newspaper29032
Newspaper
Arcadia Weekly
Date
February 8, 2001
Pages
p. 1
More detail
Newspaper
Arcadia Weekly
Date
February 8, 2001
Pages
p. 1
Subjects
City Budget
Midyear budget projections
Budget surplus
Item ID
29219AN
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

Construction has started on the expansion of the Westfield Shoppingtown Santa Anita. There will be two parking structures to replace current surface parking, 104,400 square feet of retail space, 18,400 square feet of restaurants, a 7,800 square foot food court, 45,000 square feet of specialty stores, 54,300 square feet of movie theaters, and a 5,400 square foot auto center. The tenant list includes an AMC theater, Borders bookstore, and a Sports Chalet. The expansion is scheduled to be completed September 2004. City manager Bill Kelly said Arcadia will proceed to expand Fire Station 105 to serve as the new fire department headquarters and will rebuild Station 106. The city is considering building a new City Hall and youth center from city revenues from Santa Anita Park. The new police station, the first city facility partly financed through bonds, will be open this fall. A $1/2 million project to remodel City Council Chambers is finally complete, with the opening of the council conference room.

https://arcadiahistory.andornot.com/en/permalink/newspaper31312
Newspaper
Arcadia Weekly
Date
April 24, 2003
Pages
p. 18
More detail
Newspaper
Arcadia Weekly
Date
April 24, 2003
Pages
p. 18
Subjects
Arcadia Police station
Civic buildings
Fire station 105 headquarters
Malls
Westfield Shoppingtown Santa Anita
Item ID
31507AN
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
More detail
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

After a 13-hour meeting, Arcadia City Council voted unanimously to approve the outdoor mall to be built on the Santa Anita Park race track parking lot, a development known as The Shops at Santa Anita. Opponents may push a referendum and possibly file lawsuits to block the project.

https://arcadiahistory.andornot.com/en/permalink/newspaper30472
Newspaper
Pasadena Star News
Date
April 18, 2007
Pages
p. News 1
More detail
Newspaper
Pasadena Star News
Date
April 18, 2007
Pages
p. News 1
Subjects
Caruso Affiliated
City Council Meetings - 2001-2010
Developments
Malls
Santa Anita Park - parking lot
The Shops at Santa Anita
Item ID
30659AN
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

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

City Council discusses blackouts and Bill Kelly's salary of $141,264.

https://arcadiahistory.andornot.com/en/permalink/newspaper29064
Newspaper
Arcadia Weekly
Date
March 22, 2001
Pages
p. 1
More detail
Newspaper
Arcadia Weekly
Date
March 22, 2001
Pages
p. 1
Subjects
Blackouts
City Manager
Kelly, Bill
City Council Meetings
Item ID
29250AN
Collection
Newspaper Index
Less detail

Bill Kelly discusses the economic future of Arcadia and the revenue that the city receives.

https://arcadiahistory.andornot.com/en/permalink/newspaper27169
Newspaper
Arcadia Weekly
Date
January 13, 2000
Pages
p. 1
More detail
Newspaper
Arcadia Weekly
Date
January 13, 2000
Pages
p. 1
Subjects
Property Taxes
Revenue
Sales Taxes
Item ID
27367AN
Collection
Newspaper Index
Less detail

A photograph shows the June 4 groundbreaking ceremony for the Westfield Shoppingtown Santa Anita expansion project.

https://arcadiahistory.andornot.com/en/permalink/newspaper31515
Newspaper
Arcadia Weekly
Date
June 5, 2003
Pages
p. 20
More detail
Newspaper
Arcadia Weekly
Date
June 5, 2003
Pages
p. 20
Subjects
Malls
Westfield Shoppingtown Santa Anita- expansion
Item ID
31711AN
Collection
Newspaper Index
Less detail

20 records – page 1 of 1.