THE FINALE: AT A TIME WHEN AQUEDUCT WAS BOOMING, THE WORLD MADE A LOT MORE SENSE
TDN – Hawthorne Bankruptcy Hearing Continued To Wednesday
Hawthorne Race Course horsemen learned July 20 the bankrupt track almost certainly ran its last race the previous day, then heard there is no money to pay almost $1 million in purses earned in July and that they, their families and horses will have to vacate the backstretch by Aug. 31.
Bloodhorse – Bob Kieckhefer – Hawthorne Horsemen Hit with Triple Bankruptcy Whammy
Paulick Report – Letter To The Editor: Don’t Mourn The Racetrack You Didn’t Support
Paulick Report – Chelsea Hackbarth – Judge Seeks Transition Plan As Hawthorne Sale Nears Approval
Do not go gentle into that good night.
Rage, rage against the dying of the light.
TS Eliot
With A Little Help From My Friends
Paulick Report – Ray Paulick – View From The Eighth Pole: Big City Blues
I’ve lost a million and a half on the horses and dice in the last two years. And the funny part is, I still like ’em, and if someone handed me another million I’d put it right in the nose of some horse that looked good to me.
Al Capone
Paulick Report – Chelsea Hackbarth – ITHA: Hawthorne Sold To ‘Non-Racing Entity’
Bloodhorse – Bob Kieckhefer – No Takers to Keep Racing Going at Hawthorne
DRF – Matt Hegarty – Hawthorne, Chicago’s last racetrack, sold to ‘non-racing entity’
TDN – T,D, Thornton – Report: No One Bids to Save Racing at Hawthorne Bankruptcy Auction
Phil has a question:
With a racino license included in the package what does the failure to elicit a bid say about the state of bricks and mortar gaming in Illionois.
The extension was coupled with approval of the $90 million “stalking horse” bid by a Delaware-registered limited liability corporation. The bidder, whose identity is shielded by Delaware laws, would seek to redevelop the property for other uses, Hawthorne and a creditors’ committee have revealed.
Bloodhorse – Bob Kieckhefer – Judge Seeks Higher Bid, Continued Racing at Hawthorne
TDN – T.D Thornton – ‘Stalking Horse’ Bid Of $90M Sets Potential Minimum Price For Hawthorne Auction
TDN – Bill Finley – Hawthorne Set to Re-Open But Horsemen Still Skeptical About Its Future
Bloodhorse – Bob Kieckhefer – Hawthorne Gets Okay to Begin Track Conversion
Bloodhorse – Bob Kieckhefer – Hawthorne, Horsemen Encouraged at Bankruptcy Hearing
Paulick Report – Ray Paulick – Hawthorne Bankruptcy: Simulcast, HISA Debt Tops $16.4 Million
Bloodhorse – Eric Mitchell – Hawthorne Seeks Chapter 11 Bankruptcy Reorganization
Paulick Report – Hawthorne Files For Chapter 11 Bankruptcy
Sal says that the state of Indiana and the state of Illinois would be fighting over Hawthorne rather than the Bears if the future of thoroughbred racing was rosy.
Sports Business Journal – Ben Fischer – Bears stadium saga finally reaches its endgame
Sal says that thousands of homeless people could benefit from the billions the Republican Indiana Governor is proposing to line the pockets of a billionaire NFL owner.
Hawthorne Sal