Interview: Track President Talks Santa Anita Sale

By Monrovia Weekly

Published: Monday, June 1st, 2009

The recent bankruptcy filing of Magna Entertainment, the Canada based owner of Arcadia’s Santa Anita Racetrack has left many citizens in and around Arcadia wondering what will become of the 74 year-old landmark and sports entertainment institution.
Situated on 300 acres of prime real estate, Santa Anita could prove more important than ever for Magna as they work through bankruptcy proceedings and seek to lower their outstanding debts through the sale of various assets including, quite possibly, the park.
But what exactly will become of the park, its employees and the future of horse racing in Arcadia is weighing heavy on the minds of many who already fear unwanted or unnecessary development to a piece of property that is no stranger to controversy.
In this Web Exclusive, Editor John Stephens sits down with Ron Charles, President and CEO of Santa Anita to discuss the latest developments and attempt to demystify the uncertain future of this Southern California landmark.

Posted by Monrovia Weekly on Jun 1st, 2009 and filed under Latest News. You can follow any responses to this entry through the RSS 2.0. You can leave a response by filling following comment form or trackback to this entry from your site

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