stronach group

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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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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