Stronach and Oak Tree Reach One-Year Lease Agreement

Summary


INGLEWOOD - Canadian mogul Frank Stronach agreed Tuesday to allow the Oak Tree Racing Association to run its fall meet at Santa Anita Park for one final year.

Appearing before the California Horse Racing Board at an often contentious four-hour meeting, Stronach and Oak Tree reached the agreement after prompting from Mace Siegel, a horse owner and former chairman of the Thoroughbred Owners of California.

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Extract


Stronach and Oak Tree Reach One-Year Lease Agreement

"I'm here to find solutions. I don't want to be a hard-liner," said Stronach, chairman of MI Developments. "I would commit that we have it this year, but then we would ...

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