Daily News Archive

Search nearly 75,000 unique Daily News articles.

Daily News Subscription

Bay Meadows Buys Hollywood Park

Wednesday, 28th September 2005

Meanwhile ownership of Hollywood Park "transferred from Churchill Downs to Bay Meadows Land Company when the 2 companies closed a US$257.5 million deal for the California racetrack that includes undeveloped land," reported thoroughbredtimes.com. Churchill had purchased Hollywood Park in September 1999 for US$140 million. Racing will continue at Hollywood Park for at least 3 years while Bay Meadows Land "pursues expanded gambling; Churchill has an option to reinvest in Hollywood if gambling does expand at California racetracks".

« Previous
Return to
28th September 2005 News
Next »