Frank Stronach and the members of the Stronach family announced today their further commitment to the race horse industry.
The family's investment in the industry is over $1 billion, and they own some of the greatest race tracks in the industry, including: Santa Anita, Gulfstream Park, Pimlico, Laurel Park, Golden Gate, Rosecroft and Portland Meadows.
The family also owns and maintains extensive breeding farms in Canada, Florida and Kentucky. Frank Stronach explained that he is exploring the possibility of having breeding farms in California and Maryland in support of his racetracks. As a result, Stronach will reduce the number of mares in Kentucky and the farm in Paris, Ky., will be put up for sale.
Stronach still believes Kentucky is a great place to race horses and will maintain the farm in Midway, Ky. He would like to acknowledge the wonderful and experienced staff running the Paris farm. Most of them will have the opportunity to move to the Midway farm in Kentucky.
Whoever might buy the farm in Paris, Ky., would most likely like to have qualified and experienced horse people running the farm.
For more on the Stronach announcement, click here.
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