I guess he's just being prudent. Now, if he sells to CHDN, we'll know his true motives. Sort of sounds like stories before HP was sold.
Quote:
Los Alamitos track owner Ed Allred said Tuesday that plans are under way to develop property adjacent to the racetrack for retail and senior housing, but that a long-term commitment to live racing remains in place at the Orange County, Calif., racetrack.
Allred said in a phone interview that as much as 70 acres can be developed without disrupting racing. He said property values make operating a racetrack in Southern California economically unfeasible, but that he plans to do so for the sake of the game. ...
|
