Quote:
Originally Posted by dilanesp
There's a counter-example, which is that even though Golden Gate had the synthetic track, Bay Meadows closed.
I don't know that much about Chicago real estate but it wouldn't surprise me if a big plot of land in Arlington Heights has greater redevelopment value than Hawthorne does. And also Hawthorne can host harness races and Arlington, as a 9 furlong track, can't. So there are other factors here.
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Bay Meadows couldn 't afford to put in a synthetic track, petitioned to run on dirt, but it was denied by the CHRB. They basically forced it to close and of course we know how synthetics in California turned out. Point is they didn't close because it was a dirt track. It was because they weren't allowed to remain a dirt track.