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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

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

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

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

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

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

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

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

Owners of Zapata Vive Mexican Restaurant and Bar Twist bar and grill will appeal the city's denial of their entertainment permits. Neighbors are upset about late night noise.

https://arcadiahistory.andornot.com/en/permalink/newspaper31208
Newspaper
Pasadena Star News
Date
September 18, 2008
Pages
p. A3
More detail
Newspaper
Pasadena Star News
Date
September 18, 2008
Pages
p. A3
Subjects
Bar Twist
Entertainment permits
Kovalik, Joseph
Noise
Magdaleno, Brenda
Planning Commission
Restaurants, bars, etc.
Zapata Vive Mexican Restaurant
Item ID
31403AN
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

Q & A with Arcadia City Council candidates Roger Chandler, Bob Harbicht, Gary Kovacic, Gail Marshall, and John Wuo. They answer the question, "Should Arcadia continue in its efforts to set up a redevelopment area for the south side of the city, despite the county's opposition?"

https://arcadiahistory.andornot.com/en/permalink/newspaper33447
Newspaper
Arcadia Weekly
Date
March 14, 2002
Pages
p. 8, 20
More detail
Newspaper
Arcadia Weekly
Date
March 14, 2002
Pages
p. 8, 20
Subjects
Arcadia City Council elections--2002
Chandler, Roger
Harbicht, Robert
Kovacic, Gary
Marshall, Gail
Wuo, John
Item ID
33642AN
Collection
Newspaper Index
Less detail

Arcadia First!, the group of homeowners, business owners and retailers opposed to the Caruso project, has grown to more than 1000 members.

https://arcadiahistory.andornot.com/en/permalink/newspaper29602
Newspaper
Pasadena Star News
Date
July 26, 2005
Pages
p. B3
More detail
Newspaper
Pasadena Star News
Date
July 26, 2005
Pages
p. B3
Subjects
Arcadia First! a coalition for sensible growth
Coalitions
Grass roots organizations
Westfield Shoppingtown Santa Anita
Malls
Developments
Caruso project
Santa Anita Park race track parking lot
Item ID
29786AN
Collection
Newspaper Index
Less detail

Charles Cooper continues his series "Memories of Arcadia" with a story about the Santa Anita Assembly Center for the Japanese, where at its height, it housed more than 18,000 people. Japanese had a long local history, dating back to workers on the Santa Anita Ranch, and local residents had the uncomfortable feeling of seeing friends behind the wire at the track.

https://arcadiahistory.andornot.com/en/permalink/newspaper32004
Newspaper
Arcadia Weekly
Date
September 11, 2003
Pages
p. 1
More detail
Newspaper
Arcadia Weekly
Date
September 11, 2003
Pages
p. 1
Subjects
Cooper, Charles
Santa Anita Assembly Center for the Japanese
Item ID
32184AN
Collection
Newspaper Index
Less detail

A crowd of people showed up at the Planning Commission meeting to show their support of and opposition to the proposed Shops at Santa Anita mall project.

https://arcadiahistory.andornot.com/en/permalink/newspaper30293
Newspaper
Pasadena Star News
Date
November 29, 2006
Pages
p. News 1, 11
More detail
Newspaper
Pasadena Star News
Date
November 29, 2006
Pages
p. News 1, 11
Subjects
Draft environmental impact report (EIR)
Mall war
Planning Commission
Public hearings
The Shops at Santa Anita
Item ID
30480AN
Collection
Newspaper Index
Less detail

Westfield Group is funding a new "grass roots" coalition to oppose the Santa Anita Park race track mall development by Caruso Affiliated. The coalition is called Arcadia First! but includes Westfield representatives, Westfield tenants and downtown businesses, and not only citizens, as the membership in a grass roots organization might suggest.

https://arcadiahistory.andornot.com/en/permalink/newspaper29573
Newspaper
Pasadena Star News
Date
June 26, 2005
Pages
p. A1
More detail
Newspaper
Pasadena Star News
Date
June 26, 2005
Pages
p. A1
Subjects
Arcadia First!
Caruso Affiliated Holdings
Coalitions
Organizations
Mall war
Santa Anita Park race track -- parking lot
Shopping malls
Westfield Group
Item ID
29758AN
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

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

20 records – page 1 of 1.