Knew this was coming. Racing in the north won't work anymore.
1/ST Racing threatens to sell or close Santa Anita
As a critical California Horse Racing Board vote on Thursday approaches, 1/ST Racing, a subsidiary of the Stronach Group, made a not-so-veiled threat to consider selling or closing Santa Anita if the board authorizes racing in Northern California this year.
It’s unclear if it’s a serious threat or just gamesmanship, but in a three-page letter sent Tuesday from Craig Fravel, executive vice-chairman of 1/ST Racing and Gaming, to CHRB board members, he said “An analysis of alternative uses for Santa Anita and San Luis Rey will be undertaken in short order [if racing is allocated to the north].
“The current financial model and required capital expense make no sense and the consolidation of operations as discussed last year and at the January Board meeting is the only alternative that has been presented.”
https://t.co/EFOrQwS0sT
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