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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

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

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

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

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

Months of talks between Westfield Shopping Town Santa Anita and Santa Anita Park race track about building a shopping center seem to have fallen through.

https://arcadiahistory.andornot.com/en/permalink/newspaper18184
Newspaper
Pasadena Star News
Date
January 12, 2000
Pages
p. A3
More detail
Newspaper
Pasadena Star News
Date
January 12, 2000
Pages
p. A3
Subjects
Westfield Santa Anita
Santa Anita Park
Item ID
18431AN
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

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

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

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

Neighboring homeowners are concerned about proposed changes to Santa Anita Park race track.

https://arcadiahistory.andornot.com/en/permalink/newspaper20157
Newspaper
Pasadena Star News
Date
December 20, 2000
Pages
p. A1
More detail
Newspaper
Pasadena Star News
Date
December 20, 2000
Pages
p. A1
Subjects
Santa Anita Park
Item ID
20389AN
Collection
Newspaper Index
Less detail

Representatives of the National Trust for Historic Preservation announced that Santa Anita Park race track has been named to their list of the country's most endangered historic places. Efforts mount to preserve Santa Anita's architectural integrity.

https://arcadiahistory.andornot.com/en/permalink/newspaper27676
Newspaper
Arcadia Weekly
Date
June 29, 2000
Pages
p. 1
More detail
Newspaper
Arcadia Weekly
Date
June 29, 2000
Pages
p. 1
Subjects
Santa Anita Park - 1991-2000
Preservation
Item ID
27873AN
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

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

School uniforms, shoes, socks, jackets, school supplies and treats were given out to about 1000 local children from low-income families in the Foothill Unity Center's Fifth Annual Back-to-School Distribution at Santa Anita Park race track.

https://arcadiahistory.andornot.com/en/permalink/newspaper26250
Newspaper
Pasadena Star News
Date
August 29, 2003
Pages
p. A1
More detail
Newspaper
Pasadena Star News
Date
August 29, 2003
Pages
p. A1
Subjects
Foothill Unity Center
Santa Anita Park
Item ID
26451AN
Collection
Newspaper Index
Less detail

Bankrupt Santa Anita Park race track will not go on the auction block Tuesday as planned because no acceptable opening bid has been offered. The sale of the track has been postponed. The track has court-sanctioned access to operating funds at least until the first quarter of next year.

https://arcadiahistory.andornot.com/en/permalink/newspaper31646
Newspaper
Pasadena Star News
Date
September 6, 2009
Pages
p. A1, A11
More detail
Newspaper
Pasadena Star News
Date
September 6, 2009
Pages
p. A1, A11
Subjects
Auction
Bankruptcy
Santa Anita Park - 2001-2010
Item ID
31843AN
Collection
Newspaper Index
Less detail

Westfield America may feel threatened by Caruso Affiliated's proposed outdoor mall and residential complex on the parking lot of the Santa Anita Park race track.

https://arcadiahistory.andornot.com/en/permalink/newspaper29190
Newspaper
Pasadena Star News
Date
October 4, 2004
Pages
p. A1
More detail
Newspaper
Pasadena Star News
Date
October 4, 2004
Pages
p. A1
Subjects
Westfield America
Westfield Santa Anita
Shopping centers
Commercial Developers
Caruso Affiliated
Item ID
29375AN
Collection
Newspaper Index
Less detail

Santa Anita Park Race Track owner Frank Stronach has met with city officials about Arcadia's concerns with the track expansion plan and future sessions will be held. The concerns centered around plans to build new barns on the north side of the property, the internal connections between the track and Westfield Shopping mall traffic and people, and architectural compatibility with the track.

https://arcadiahistory.andornot.com/en/permalink/newspaper33285
Newspaper
Arcadia Weekly
Date
January 11, 2001
Pages
p. 9
More detail
Newspaper
Arcadia Weekly
Date
January 11, 2001
Pages
p. 9
Subjects
Santa Anita Park--2001-2010--expansion
Stronach, Frank
Item ID
33482AN
Collection
Newspaper Index
Less detail

About 500 Hollywood hopefuls participated in the casting calls for the film "Seabiscuit." Possible shooting locations include Santa Anita Park race track where Seabiscuit raced.

https://arcadiahistory.andornot.com/en/permalink/newspaper24462
Newspaper
Pasadena Star News
Date
September 16, 2002
Pages
p. A4
More detail
Newspaper
Pasadena Star News
Date
September 16, 2002
Pages
p. A4
Subjects
Santa Anita Park
Seabiscuit
Item ID
24653AN
Collection
Newspaper Index
Less detail

City clarifies concerns about the Santa Anita Park expansion plans.

https://arcadiahistory.andornot.com/en/permalink/newspaper27768
Newspaper
Arcadia Weekly
Date
December 21, 2000
Pages
p. 1
More detail
Newspaper
Arcadia Weekly
Date
December 21, 2000
Pages
p. 1
Subjects
Santa Anita Park - 1991-2000
Item ID
27965AN
Collection
Newspaper Index
Less detail

20 records – page 1 of 1.