Sale of Magna's 2 Md. tracks postponed again
AP News | 190 days ago
Sale of 2 Maryland horse racing tracks by Magan Entertainment pushed back 2nd time
The sale of two Maryland horse racing tracks by bankrupt owner Magna Entertainment Corp. has been pushed back for a second time.
The auction of Laurel Park, Pimlico Race Course and the Preakness Triple Crown race is now scheduled for Feb. 10. A hearing to approve the sale has been rescheduled for Feb. 26.
Earlier this month, the original Jan. 8 auction date was pushed back to Thursday at Magna's request.
Potential buyers must agree to keep the Preakness, the second leg of the Triple Crown, in Maryland.
Ontario-based Magna filed for bankruptcy protection in March.

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