Re: Gulfstream in Jeopardy - I Talked To a Guy Who Knows A Guy Who Talked to a Guy (350 Views)
Posted by: Fairmount1 (IP Logged)
Date: January 21, 2025 08:23PM

A few notes on this thread.

The Hawthorne is filing for bankruptcy or will be bought out is a Strong Rumor among some horsemen at Fairmount Park. Not too many think Hawthorne continues much longer in these parts which would probably be worse for Fairmount than if it sticks around. Supposedly the OTB's are being pursued as I type???

Stronach has 245 acres from the articles I've read. So, if this is worth $1.5 Billion dollars give or take . . . who is chucking up that kind of money? The Dolphins with ideas on Casino, Hotel, Stadium?? 1ST/Stronach floated comments that investors aren't interested in being partners with the horsemen and splitting the revenue. Those comments make me wonder if they have a potential long term buyer but the Dolphins the only ones in my mind even close to being able to get involved but that's beyond conjecture. Otherwise, it has to be subdivided with the valuable land still being where the casino license stays and others buying smaller parcels? All I can say is that Golden Gate closing, Laurel/Pimlico situation, and now this "news" confirms SHE (not he) has no interest in continuing in the racing business.

One comment on X stated this would be like removing one of the MLB or NFL franchises from their respective league. Unfortunately, I think those leagues would survive losing a team; this is a major domino going down as pointed out above that likely leads to a gambling game with the same following as Badminton outside the state lines of Kentucky, New York, and Arkansas.

No one will come save the day for horse racing at Gulfstream Park. See Bay Meadows, Hollywood, Arlington, and Golden Gate as your evidence of that likely fact. It is hard to fathom or believe Gulfstream gone. But TGAB told me one Travers Day afternoon this result was coming, and I didn't believe him then, but I do now.

Dreams of Hialeah or moving to a place up north seem beyond unlikely to me although many X dreamers have their Million Dollar Ideas with Nickels in their Pocketbooks.

Dale Romans was on HRRN on Saturday morning. I hate to mis-quote but in essence he said Frank S. had told him once that he wanted the Magna tracks to be put into a Not For Profit and that the tracks continuing on would be his legacy. "Like Father, Like Daughter" not true in this instance.

Last, I wonder if the information that Stronach has on handle as it relates to CRW, Retail customers and retail dollars and the dwindling Sucker Handle as Paulick wrote recently is contributing to their Bail Soon Approach to Racing. All that remains is to see how she escapes Santa Anita Park with the Historical Zoning supposedly in place there.
____________

Nice info Silver. Fountain of Youth not too far off and hope to see you this year to discuss Pope's Pupils at UK? Southwest this weekend and maybe I'll see shanahan for a few minutes at OP? Two great cards with Pegasus and Southwest although Gulfstream must have fired the morning line maker as neither Fri or Sat have a m/l yet while OP had theirs up early on yesterday.



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