Halsey Minor

Racing ‘Ideas Man’, CNET Founder Halsey Minor Files Bankruptcy

Yes, I’ll go ahead and admit to what someone said on Twitter after news broke that Internet entrepreneur and horse racing enthusiast Halsey Minor had filed for Chapter 7 in U.S. Bankruptcy Court in the Central District of California: I had been “drinking the Halsey Minor Kool-Aid.” Going back to my first meeting with Minor […]

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Question over Hialeah Park’s ownership headed to court

Who owns Hialeah Park in South Florida? Most people, including the city of Hialeah, believe John Brunetti is the legal owner of the historic track, but Internet entrepreneur Halsey Minor has filed a lawsuit, claiming Hialeah deeded the fabled racetrack to Brunetti improperly, alleging Brunetti’s failure to keep the track open for live racing breached […]

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COULD HALSEY MINOR HAVE A MAJOR TAX PROBLEM?

The controversial tech entrepreneur Halsey Minor, who attempted to wrestle Hialeah Park away from John Brunetti and pulled out of bidding on three MEC tracks, may not be in a buying mood anymore. According to a report in The Sacramento Bee, Mr. Minor has majored in not paying his taxes. The CA state Franchise […]

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MINOR FED UP WITH MAGNA

By Ray Paulick Saying he is fed up with what he called the “most unprofessional process” he has ever seen, Internet entrepreneur and Thoroughbred owner Halsey Minor told the Paulick Report he has withdrawn from the bidding for the bankrupt Magna Entertainment (MEC) racetracks.“Magna Entertainment was to bankruptcy when dead what Magna Entertainment was to […]

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MINOR CALLS BRUNETTI MOVE ‘CHARADE’, PUSHES FORWARD IN SUIT

By Ray Paulick Attorneys for Halsey Minor and Save Hialeah Racing have filed responses to John Brunetti’s motion to dismiss the lawsuit against Brunetti and the City of Hialeah over who is the legal owner of the South Florida racetrack that has been closed since 2001. The suit, filed in February in the 11th […]

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MINOR TO MAKE BID ON BANKRUPT MAGNA

By Ray PaulickHalsey Minor, the Internet entrepreneur and Thoroughbred owner and breeder who made a failed bid to buy Hialeah Park from John Brunetti last year, is poised to make an offer to reorganize bankrupt Magna Entertainment (MEC) and take control of the company from founder Frank Stronach, the Paulick Report has learned. The […]

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WHAT NEXT FOR MAGNA?

By Ray Paulick While Thursday’s Chapter 11 bankruptcy filing by Magna Entertainment (MEC) leaves a multitude of unanswered questions about the future of the racetracks the Frank Stronach-controlled company owns, there was a positive reaction from the investment community concerning MI Developments — another Stronach company spun off from the auto parts mothership Magna International — […]

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MINOR SUES BRUNETTI

By Ray Paulick Thoroughbred owner and Internet entrepreneur Halsey Minor showed he isn’t willing to take “no” for an answer from John Brunetti in his efforts to revitalize South Florida’s dormant Hialeah Park, claiming in a lawsuit filed Monday against Brunetti and the city of Hialeah that Brunetti is not the rightful owner of the […]

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MINOR CALLS MAGNA PROPOSAL ‘PREPOSTEROUS’

By Ray Paulick Halsey Minor thought he would be meeting with MI Developments (MID) chief executive officer Dennis Mills in Baltimore, Md., on Wednesday morning to discuss Minor’s proposed buyout of the company’s $100-million loan to Magna Entertainment (MECA), the financially beleaguered racetrack company that operates Santa Anita Park and Golden Gate Fields in […]

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MI DEVELOPMENTS UNDER FIRE FOR IGNORING MINOR OFFER

By Ray Paulick MI Developments, the publicly traded real estate concern that is the largest single shareholder in racetrack operator Magna Entertainment, is under fire again from one of its biggest shareholders, this time for ignoring an offer from technology entrepreneur Halsey Minor to buy the outstanding loans Magna Entertainment has been unable to repay […]

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