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MI Developments Incorporated

A collection of news and information related to MI Developments Incorporated published by this site and its partners.

Top MI Developments Incorporated Articles see all

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  • Penn National sells stake in Maryland Jockey Club

    Penn National sells stake in Maryland Jockey Club
    The co-owners of Laurel Park and Pimlico Race Course have ended their tumultuous one-year partnership, leaving Maryland's thoroughbred racetrack operator with a single owner.
  • The Interview: Greg Avioli

    The Interview: Greg Avioli
    Greg Avioli is not new to thoroughbred racing. But the former chief executive of the Breeders' Cup race still faces a difficult task in running The Stronach Group's racing business, which took full control of the financially ailing Maryland Jockey Club...

    Racing boss stops move to close Laurel Park

    Racing boss stops move to close Laurel Park
    Delivering surprising if tenuous hope to Maryland's horse-racing industry, track owner Frank Stronach reversed his organization's move to slash thoroughbred meets and end races at Laurel Park next year, saying he hopes to strike a deal with breeders and...

    Penn National supports curtailing racing operations

    Penn National supports curtailing racing operations
    The future of Laurel Park was further clouded Tuesday, after the racetrack's minority owner said it still supports plans to eliminate live horse racing there. Penn National Gaming, which owns 49 percent of the Maryland Jockey Club, the umbrella group for...

    Frank Stronach becomes CEO of Jockey Club parent

    Frank Stronach becomes CEO of Jockey Club parent
    Frank Stronach, the founder and chairman of the Maryland Jockey Club's majority owner MI Developments, has also taken on the role of chief executive officer. The management change, announced late Thursday, comes amid uncertainty at the Jockey Club, which...