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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

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

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 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

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

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

Oak Tree, Santa Anita Park's fall racing season, begins September 18. Oak Tree hosts the Breeders' Cup for the third time.

https://arcadiahistory.andornot.com/en/permalink/newspaper32722
Newspaper
Arcadia Weekly
Date
September 11, 2003
Pages
p. 18
More detail
Newspaper
Arcadia Weekly
Date
September 11, 2003
Pages
p. 18
Subjects
Santa Anita Park--2001-2010
Breeders' Cup
Horses and horse racing
Item ID
32919AN
Collection
Newspaper Index
Less detail

A profile of Belinda Stronach, daughter of Frank Stronach whose company Magna Entertainment Corp. owns Santa Anita Park. Belinda has resigned as President and CEO of Toronto-based Magna International, Inc. to run for a seat in the House of Commons.

https://arcadiahistory.andornot.com/en/permalink/newspaper27841
Newspaper
Pasadena Star News
Date
March 11, 2004
Pages
p. A3
More detail
Newspaper
Pasadena Star News
Date
March 11, 2004
Pages
p. A3
Subjects
Stronach, Belinda
Item ID
28038AN
Collection
Newspaper Index
Less detail

The Oak Tree Racing Association will begin its 32nd season October 4, opening a 29-day meet at Santa Anita Park race track.

https://arcadiahistory.andornot.com/en/permalink/newspaper27705
Newspaper
Arcadia Weekly
Date
September 28, 2000
Pages
p. 1
More detail
Newspaper
Arcadia Weekly
Date
September 28, 2000
Pages
p. 1
Subjects
Oak Tree Racing Association
Santa Anita Park - 1991-2000
Item ID
27902AN
Collection
Newspaper Index
Less detail

Santa Anita Park's Oak Tree meet will begin on Sunday, Oct. 25th.

https://arcadiahistory.andornot.com/en/permalink/newspaper26332
Newspaper
Pasadena Star News
Date
September 24, 2003
Pages
p. A1
More detail
Newspaper
Pasadena Star News
Date
September 24, 2003
Pages
p. A1
Subjects
Santa Anita Park 2001-2010
Horse racing
Oak Tree Racing Association
Item ID
26532AN
Collection
Newspaper Index
Less detail

Opening day of the 72nd season of thoroughbred racing at Santa Anita Park Race Track brings out Arcadia officials and locals.

https://arcadiahistory.andornot.com/en/permalink/newspaper31338
Newspaper
Pasadena Star News
Date
December 30, 2008
Pages
p. A27 w/photos
More detail
Newspaper
Pasadena Star News
Date
December 30, 2008
Pages
p. A27 w/photos
Subjects
Chandler, Roger
Chillingworth, Sherwood
Harbicht, Bob
Harbicht, Patsy
Horse racing
Penman, Don
Roncelli, Bingo
Roncelli, Gino
Santa Anita Park - 2001-2010
Item ID
31533AN
Collection
Newspaper Index
Less detail

In this down economy, opening day attendance at the Oak Tree meet at Santa Anita Park was about 17,000, an increase of about 2,000 over last year.

https://arcadiahistory.andornot.com/en/permalink/newspaper31223
Newspaper
Pasadena Star News
Date
September 25, 2008
Pages
p. A1
More detail
Newspaper
Pasadena Star News
Date
September 25, 2008
Pages
p. A1
Subjects
Horse racing
Oak Tree
Santa Anita Park - 2001-2010
Item ID
31418AN
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

Wednesday was opening day for the 34th annual Oak Tree meet at Santa Anita Park. Attendance was 13,120, up from 11, 521 recorded last year.

https://arcadiahistory.andornot.com/en/permalink/newspaper24598
Newspaper
Pasadena Star News
Date
October 3, 2002
Pages
p. A1
More detail
Newspaper
Pasadena Star News
Date
October 3, 2002
Pages
p. A1
Subjects
Santa Anita Park 2001 - 2002
Item ID
24789AN
Collection
Newspaper Index
Less detail

City Councilman Gino Roncelli, who was named last year to the board of directors of Santa Anita Park, will also join the board of the race track's parent company, MI Entertainment Corp.

https://arcadiahistory.andornot.com/en/permalink/newspaper18338
Newspaper
Pasadena Star News
Date
January 30, 2000
Pages
p. A1
More detail
Newspaper
Pasadena Star News
Date
January 30, 2000
Pages
p. A1
Subjects
Roncelli, Gino
Item ID
18584AN
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

Two articles describe the Breeders' Cup XXVI, 2009, and the race horse Zenyatta. The Breeders' Cup drew a 2-day total of 96,496 attendees, but the 41st Oak Tree meet at Santa Anita Park showed significant declines in attendance and handle when its 31 days of racing ended yesterday.

https://arcadiahistory.andornot.com/en/permalink/newspaper31804
Newspaper
Pasadena Star News
Date
November 9, 2009
Pages
p. B1, B6
More detail
Newspaper
Pasadena Star News
Date
November 9, 2009
Pages
p. B1, B6
Subjects
Oak Tree racing
Santa Anita Park - 2001-2010 - Breeders' Cup XXVI
Wilson, Art
Item ID
32001AN
Collection
Newspaper Index
Less detail

20 records – page 1 of 1.