Thoroughbred Times
bookmark this page subscribe RSS twitter facebook
Subscribe to Thoroughbred Times

LOG IN TO THOROUGHBRED TIMES

 
Need to reset your password?
 


Don't miss the deadline!

Sign up now for the Freshman Sire Contest presented by Markel and Thoroughbred Times

Chance to win cash prizes for picking leading freshman sires in 2012

To sign up and enter your Stallion Barn, click here.

  • Hard Spun sire of Gleaning 1st Mdn (May 23, 4th PID). Owner, Robert T. Manfuso; Breeder, Nursery Place & Robert T. Manfuso...
  • Indian Charlie sire of Nechez Dawn 1st Alw (May 23, 7th AP). Owner, Tresner, Coby and Matsas, Alex; Breeder, B. P. Walden Jr., Hargus Sexton & SandraSexton...
  • Bustin Stones sire of Bustinattheseams 1st Mdn (May 23, 2nd BEL). Owner, Bourque Goldstein Thoroughbreds LLC; Breeder, Eaton & Thorne, Inc....
  • Proud Citizen sire of Citizen Kat 1st Alw (May 23, 7th PEN). Owner, Midwest Thoroughbreds, Inc.; Breeder, Mark Reid & Charles Zacney...
  • Posse sire of Parody 1st Alw (May 23, 4th PEN). Owner, Midwest Thoroughbreds, Inc.; Breeder, Don Mattox & Pam Mattox...
  • Philanthropist sire of Rob the Cradle 1st Alw (May 23, 2nd WO). Owner, Andrews, Denny and Paradox Farms Inc.; Breeder, Gardiner Farms Limited...
  • Strut the Stage sire of Head Honcho 1st Alw (May 23, 7th WO). Owner, Annecchini and D'Alimonte Holdings Inc. and Kingfield Farm; Breeder, William D. Graham...
  • Luftikus sire of Joyful Kiss 1st Alw (May 23, 7th CT). Owner, Winfred L. Hess, Jr.; Breeder, Ann M. Casey...
  • Jazil sire of Love Me Good 1st Mdn (May 23, 2nd PID). Owner, Sheltowee Farm and Blazing Meadow Farm; Breeder, Sheltowee Farm...
  • City Weekend sire of City Sweets 1st Mdn (May 23, 3rd IND). Owner, Mast Thoroughbreds LLC; Breeder, Robert Gorham & Mast Thoroughbreds LLC...
  • Petionville sire of Wups 1st Thoroughbred Maiden Derby (May 23, 9th BOI). Owner, Paul Treasure; Breeder, Michael Iavarone...
  • Include sire of Window Boy 1st Grover (Buddy) Delp Memorial S. (May 23, 8th DEL). Owner, Luis Arenas; Breeder, Shelby Lane Farm Inc. & IncludeSyndicate...
  • Yankee Gentleman sire of Little Dale 1st Alw (May 23, 7th BEL). Owner, Vaccarezza, Priscilla, Amante, Anthony and Garrity, Christine; Breeder, Philip Birsh...
  • Medaglia d'Oro sire of Dealer 1st Alw (May 23, 8th CT). Owner, Coleswood Farm, Inc.; Breeder, Family Broodmare, LLC...
  • Mancini sire of Ride Around Sally 1st Alw (May 23, 6th IND). Owner, Joe Uliano; Breeder, Spade Stable...
  • Hard Spun sire of Ribbon Taffy 1st Mdn (May 23, 5th IND). Owner, Pucek, John Paul and Marcinek, Paige; Breeder, Matthew R. Herbener...

NEWS

E-Mail this articlePrint this article

Industry News bullet



Most Popular Stories bullet

Most E-mailed Stories bullet

Magna sells Great Lakes Downs

Posted: Wednesday, July 16, 2008 7:41 PM

by Joe Nevills

Magna Entertainment Corp. announced on Wednesday the sale of defunct Muskegon, Michigan racetrack Great Lakes Downs to the Little River Band of Ottawa Indians for $5-million.

The 85-acre property in western Michigan originally hosted Standardbred racing, opening in 1989 as Muskegon Race Course. After closing in 1997, the track was purchased by a group of investors led by banker and Thoroughbred owner Jerry Campbell and was reopened as Thoroughbred track Great Lakes Downs in 1999.

Campbell sold the track to Frank Stronach’s MEC in 2000. After posting several years of losses, a failed attempt to develop a new racetrack in Detroit and a state ballot measure crippling the implementation of slot machines, MEC closed Great Lakes Downs in November 2007. 

Net proceeds from the sale of the property have been used to partially repay a bridge loan with a subsidiary of MI Development’s Inc., MEC’s controlling shareholder. To offset its losses, MEC is offering several tracks under is control for sale, including Portland Meadows in Oregon, Remington Park in Oklahoma, and Thistledown in Ohio.

Joe Nevills is a Thoroughbred Times editorial intern

E-Mail this articlePrint this article