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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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  • 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 state officials to save Laurel as well as Baltimore's historic Pimlico Race Course.
  • 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...

    Md. Racing Commission rejects Jockey Club plan

    Md. Racing Commission rejects Jockey Club plan
    Maryland's two major thoroughbred tracks may not host live racing next year — potentially jeopardizing the Preakness Stakes — after the state's racing commission on Monday rejected a plan to drastically curtail the racing schedule at Laurel...

    Efforts under way to try to salvage live horse racing in Md.

    Efforts under way to try to salvage live horse racing in Md.
    State officials and the horse-racing industry vowed on Tuesday to try to salvage live thoroughbred racing in Maryland next year, though it remains unclear if the various stakeholders can come together to forge a viable plan. With just five weeks before...