Arlington Race Track, located in Arlington Heights, Illinois, is one of the most iconic horse racing venues in the United States. The track has been in operation since 1927 and has hosted some of the most prestigious races in the country, including the Arlington Million, the Beverly D. Stakes, and the Secretariat Stakes. Over the years, the track has undergone numerous renovations and upgrades, becoming one of the most popular racetracks in the country.
Rumors of Arlington Race Track Being Sold
In recent years, rumors have been circulating that Arlington Race Track has been sold. These rumors have been fueled by reports that the track’s owner, Churchill Downs Inc., is looking to sell the track or lease it out to another operator. These rumors have been further bolstered by the fact that the track has seen a decline in attendance in recent years.
Churchill Downs Inc.’s Statement
In response to the rumors, Churchill Downs Inc. issued a statement in which they stated that they have not yet made a final decision on the future of Arlington Race Track. The statement said that Churchill Downs Inc. is still evaluating its options and that no final decision has been made. The statement also said that any potential sale or lease of the track would be subject to approval from the Illinois Racing Board.
Reasons for the Possible Sale of Arlington Race Track
There are several factors that have contributed to the possibility of Arlington Race Track being sold. One of the main reasons is the decline in attendance that the track has seen in recent years. Additionally, the track is facing stiff competition from other racetracks in the area, including Hawthorne Race Course and Fairmount Park. The track is also facing pressure from the state of Illinois, which has imposed a number of regulations that have made it more difficult for the track to operate.
Potential Buyers of Arlington Race Track
If the track is sold, there are a number of potential buyers who may be interested in purchasing the track. One of the most likely buyers is gaming giant MGM Resorts International, which has expressed interest in purchasing the track. Another potential buyer is the Illinois Thoroughbred Horsemen’s Association, which is a group of horse owners and trainers who could potentially lease the track from Churchill Downs Inc.
Impact of the Sale of Arlington Race Track
The sale of Arlington Race Track would have a major impact on the local community and the horse racing industry in general. If the track is sold, it could mean the end of an iconic venue that has been in operation since 1927. Additionally, the sale of the track could lead to job losses for workers at the track as well as a reduction in the number of races that are held each year.
Opposition to the Sale of Arlington Race Track
There has been significant opposition to the potential sale of Arlington Race Track from the local community and the horse racing industry. Many people view the track as an important part of the local community and are opposed to the idea of it being sold. Additionally, horse owners and trainers are concerned about the potential impact that the sale of the track would have on their livelihoods.
Potential Future of Arlington Race Track
At this point, it is unclear what the future holds for Arlington Race Track. If the track is sold, it is likely that it will be used for gaming and other entertainment purposes, as has been the case with other racetracks that have been sold in recent years. If the track is not sold, it is likely that it will continue to operate as a horse racing venue, albeit with fewer races and a smaller purse.
Conclusion
At this point, it is unclear whether or not Arlington Race Track has been sold. Churchill Downs Inc. has stated that they are still evaluating their options and that no final decision has been made. If the track is sold, it will have a major impact on the local community and the horse racing industry in general. For now, all we can do is wait and see what happens with Arlington Race Track.
Key Takeaways
Arlington Race Track is one of the most iconic horse racing venues in the United States and has been in operation since 1927.
Rumors have been circulating that the track has been sold, but Churchill Downs Inc. has stated that they are still evaluating their options and that no final decision has been made.
Reasons for the potential sale of the track include a decline in attendance and competition from other racetracks in the area.
Potential buyers of the track include MGM Resorts International and the Illinois Thoroughbred Horsemen’s Association.
Impact of the sale of the track would include job losses and a reduction in the number of races that are held each year.
Opposition to the sale of the track has come from the local community and the horse racing industry.
Future of the track is uncertain, but if it is sold it is likely to be used for gaming and other entertainment purposes.