stronach group

Stronach files plans for office/shopping complex near Laurel Park

Racetrack owner Frank Stronach has filed plans in Maryland to build a new office and shopping complex adjacent to Laurel Park.  The Baltimore Business Journal says the plan could include a 350-room hotel and 1,000 apartments. Stronach first pitched the idea of a development near Laurel two years ago, but the proposal has made little […]

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Tim Ritvo promoted to GM at Gulfstream Park

Press Release The Stronach Group announced today that Timothy Ritvo has been named President and General Manager of Gulfstream Park Racing & Casino. Mr. Ritvo had served as Vice President of Gulfstream since October of 2010. “It’s an honor to work for Mr. Frank Stronach and the entire Stronach Group,” Mr. Ritvo said. “Mr. Stronach […]

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Breeders’ Cup 2012: Santa Anita in driver’s seat

Contrary to some reports, no deal has yet been reached to hold the 2012 Breeders’ Cup at Santa Anita Park but every indication suggests the Arcadia, Calif., track is in the driver’s seat to hold the championship racing event for the sixth time next year. In June, representatives of three tracks – Churchill Downs (site […]

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Stronach, CDI re-up with HRTV on exclusive rights

Press Release HRTV, The Network for Horse Sports, announced today that its owners Churchill Downs Incorporated (“CDI”) and The Stronach Group (“Stronach”) have entered into an agreement renewing their existing partnership in the network, and committing their racing content to the network on an exclusive basis. The agreement contains an exclusive grant to HRTV of […]

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Golden Gate Fields track would be relocated under Stronach Group plan

The Golden Gate Fields facilities would be demolished and the Northern California racetrack relocated under a plan being developed by the track’s owners, The Stronach Group.  Belinda Stronach sent a letter to local residents last week saying the company would be building a second campus for the Lawrence Berkley National Laboratory on the site, which […]

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Stronach takes over MI Development’s racing, gaming assets

Press Release The Stronach Group today announced that it has acquired the racing and gaming assets formerly held by MI Developments Inc. (MID) (NYSE: MIM) as part of a previously announced reorganization proposal approved by MID shareholders on March 29, 2011. The racing and gaming assets acquired by The Stronach Group include: Santa Anita Park; […]

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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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