Wednesday, March 24 2010


MI DEVELOPMENTS ANNOUNCES AMENDMENTS TO MAGNA ENTERTAINMENT PLAN OF REORGANIZATION


March 23, 2010, Aurora, Ontario, Canada – MI Developments Inc. ("MID") (TSX: MIM.A, MIM.B; NYSE: MIM) today announced that the Plan of Reorganization in respect of Magna Entertainment Corp. ("MEC") and certain of its subsidiaries, jointly proposed by MEC, MID and the Official Committee of Unsecured Creditors of MEC (the “Creditors Committee”), was amended to provide for the transfer of Maryland Jockey Club ("MJC") to MID. The original Plan, including the litigation settlement to be implemented by the Plan, was announced by MID on January 11, 2010.

Rather than being sold by MEC pursuant to an auction as originally contemplated, MJC will form part of the assets of MEC that are to be transferred to MID under the amended Plan. In return for the transfer of MJC, MID will pay the secured and unsecured claims of MJC creditors to the extent allowed or agreed in an estimated amount of US$23 million to US$25 million. The amended Plan also provides that the amount to be paid by MID to the non-MJC unsecured creditors of MEC pursuant to the Plan will be increased from US$75 million to US$89 million.





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Sunday, March 21 2010


PLANTATION REMAINS PERFECT AFTER PRIVATE TERMS STAKES SCORE


LAUREL, MD. 03-20-10---Nellie Mae Cox’s Plantation extended his unbeaten streak to four when he edged Reckless Runner and five other 3-year-olds to win the $70,000 Private Terms Stakes this afternoon at Laurel Park.

Sent to post as the second choice in the one mile test, Plantation carried Travis Dunkelberger to a half-length victory in 1:37.18. Reckless Runner sped to the lead and continued the fight to the wire, reluctantly settling for second while Regal Warrior put in his patented late run to take third.





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Friday, March 19 2010


Former Pimlico GM Chick Lang Passes-Hirsch Jacobs Stakes (Preakness Undercard) Renamed In His Honor


BALTIMORE, 03-19-10---Charles John (Chick) Lang, known to the horse racing industry as “Mr. Preakness,” died peacefully on March 18, 2010, of natural causes at the age of 83. He had been hospitalized since Dec. 26, 2009.

The Maryland Jockey Club announced Friday that it will rename the Hirsch Jacobs Stakes in honor of Lang, the longtime General Manger at Pimlico Race Course. The Grade 3 sprint will be run on Preakness day, May 15.





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Thursday, March 18 2010


DONT BLAME THE CAT FAVORED IN PRIVATE TERMS STAKES


LAUREL, MD. 03-18-10---Dont Blame the Cat ships to Laurel Park on Saturday in search of his third straight victory, this time in the one mile, $70,000 Private Terms Stakes for 3-year-olds.

Rick Dutrow has sent 11 runners to Laurel this year and seen eight of them gallop back to the winners’ circle. His gelding Dont Blame the Cat (6-5) has made two trips to Laurel this year, resulting in victories in an optional allowance test and in the Miracle Wood Stakes. Erick Rodriguez has been aboard the New York bred son of Catenius and retains the mount.





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Wednesday, March 17 2010


KARAMANOS RETURNS TO WINNERS’ CIRCLE


LAUREL, MD. 03-17-10---Horacio Karamanos returned to the Maryland jockey colony last week after spending 16 months riding at San Isidro Racecourse in his native Argentina. This afternoon, the veteran jockey revisited the winners’ circle after guiding Crafty Secret to a popular score in the third race.

The 36-year-old spent seven years (2002-2008) at the major Maryland tracks, winning nearly 750 races with three riding titles at Laurel Park and Pimlico. He established a Laurel record with a career-best seven victories on Oct. 26, 2002.





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Sunday, March 14 2010


SWEET GOODBYE SAYS HELLO TO SEVENTH STAKES WIN IN CONNIVER


LAUREL, MD. 03-13-10---William Harris’ Sweet Goodbye put in a workmanlike performance as she trounced five other fillies and mares in today’s feature at Laurel Park, the $70,000 Conniver Stakes.

Kept to task racing to the finish to win by 2-1/4 lengths over late closing long shot Call of a Lion, Sweet Goodbye completed the seven-furlong distance over the sloppy going in 1:23.85. The daughter of Louis Quatorze paid $2.40 as the 1-5 betting favorite.





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Friday, March 12 2010


FRITCHIE WINNER SWEET GOODBYE TACKLES SIX IN CONNIVER STAKES


LAUREL, MD. 03-11-10---The others will likely be fighting for minor shares when William Harris’ graded stakes winner Sweet Goodbye faces six fillies and mares in Saturday’s $70,000 Conniver Stakes at Laurel Park.

A winner of six stakes, Sweet Goodbye (6-5) captured the What A Summer Stakes and the Barbara Fritchie Handicap (Grade II) to begin her five-year-old campaign. The daughter of Louis Quatorze is a perfect four-for-four at the seven-furlong distance. J. D. Acosta has been aboard Sweet Goodbye for all 13 starts and will have the mount.





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Sunday, March 07 2010


JIM’S PROSPECT GETS REVENGE IN WIDE COUNTRY STAKES


LAUREL, MD. 03-06-10---Jim’s Prospect, who finished second to post time favorite Gator Prowl in their previous two meetings, turned the tables on her rival as well as six other 3-year-old fillies and won today’s feature at Laurel Park, the $70,000 Wide Country Stakes.

Owned by the Estate of James Glenn, Jim’s Prospect rallied three wide into the lane, caught That’s How I Roll in mid-stretch and outmuscled her to the finish to win by a head. Vladimir Diaz rode the daughter of St Averil for trainer J.B. Secor, completing the seven-furlong distance in 1:24.67 over the fast main track. Gator Prowl led into the stretch but faded and finished third.





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Friday, March 05 2010


NINE FILLIES ENTERED IN SATURDAY’S WIDE COUNTRY STAKES


LAUREL, MD. 03-04-10---A good stakes always sparks interest when enough promising fillies show up and this is the case in Saturday’s Wide Country at Laurel Park.

At the top of the 3-year-old class are Judge Sonya and Gator Prowl, multiple winners with stakes credentials. Ben Perkins sends Judge Sonya (5-2) from New York, where most recently she finished a good third in the Busanda Stakes and a strong second in the Dearly Precious Stakes, both at Aqueduct. Leading rider Erick Rodriguez has the mount.





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Thursday, March 04 2010


ROCKET DEFENSE SOARS TO SCORE IN WEDNESDAY FEATURE


LAUREL, MD. 03-03-10---A speedy band of fillies and mares met in today’s $34,000 Optional/Allowance feature. Rocket Defense quickly raced to the lead and spoiled the comeback bid of Miss Charm City, who finished third.

Miss Charm City, who went undefeated during her two-year-old campaign in 2008 before missing all of 2009, had won three consecutive races, including the Gin Talking Stakes and Maryland Million Lassie before injuring her left front suspensory while training for the Maryland Juvenile Filly Championship.





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Saturday, February 27 2010


DONT BLAME THE CAT POUNCES IN MIRACLE WOOD STAKES


LAUREL, MD. 02-27-10---Mary Raymond’s Dont Blame the Cat flew around his fellow 3-year-olds and charged to victory in the $70,000 Miracle Wood Stakes this afternoon at Laurel Park.

Trained by Rick Dutrow and ridden by Erick Rodriquez, Dont Blame the Cat was winning for the second straight time at Laurel. Now three-for-four lifetime, the son of Catienus finished the seven-furlong distance in 1:23.22, a length ahead of late charging 47-1 longshot Regal Warrior, as speedy Cole T. held on to third. The winner paid $4.60 and topped a $122.20 exacta and $974 trifecta.





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Friday, February 26 2010


LAUREL PARK CANCELS LIVE RACING


LAUREL, MD. 02-26-10---Due to high winds, Laurel Park has cancelled the live racing card for Friday, February 26. Laurel and Pimlico Race Course will be open for simulcasting.

This is the seventh card cancelled this year. Snow forced the central Maryland track to cancel live racing on Jan. 30, Feb. 5-6-10-11-12.

Laurel Park is expected to be open Saturday for live racing. The 10-race card includes the $70,000 Miracle Wood Stakes for 3-year-olds.




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