Stronach: We don’t need slots to survive

Stronach: We don’t need slots to survive

by Paulick Report Staff

Racetrack owner Frank Stronach has consistently maintained that horse racing does not need slots to survive over the long term, and he reiterated that viewpoint in a recent interview regarding Pimlico Race Course and Laurel Park, which he took control of in 2002. According to Jay Hancock of The Baltimore Sun, Stronach will have one excuse fewer for failing to revive Maryland racing when he takes sole charge of the tracks at the end of the month.

Stronach continues to reach out to horsemen to work with him to find solutions, but now he will not have to negotiate with his own partners at the same time.

“I own the thing — or the [Stronach] family owns it,” he said. “So we’ve got no outside investors. We’ve got no debt. So I could invest. I would be willing to invest. But we’ve got to come up with a reasonable solution.”

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