MI Developments, the new owners of Santa Anita Park, defended canceling Oak Tree Racing Association's lease for fall racing, saying the contract did not account for the true economic cost of running the race track, according to Dennis Mills, vice chairman and chief executive officer of Canada-based MI Developments. On the other hand, Oak Tree's director and executive vice president Sherwood Chillingworth said the race track was getting the better deal, as Santa Anita Park got 75% of Oak Tree's profits. Chillingworth is talking about running Oak Tree at Hollywood Park or Del Mar.

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