In a move that could establish a minimum price for another entity to bid on keeping racing alive at the financially troubled Hawthorne Race Course, the track's owner, Carey Family Properties, LLC, has secured what is known as a “stalking…
Attorney sees possibility Hawthorne Race Course could exit bankruptcy proceedings with continued racing and a potential racino.
Hawthorne Race Course has asked for more time to sort through bids to buy the track out of bankruptcy, citing the number of suitors and the level of investment and due diligence required.
The aim is to find a buyer who wants it for a racino A lawyer representing Hawthorne Race Course in the track's Chapter 11 bankruptcy attempt to restructure between $100 and $500 million in debt told the Illinois Racing Board…
Hawthorne Race Course has won the right to question Fairmount Park and Illinois officials about alleged attempts to prevent its successful conclusion of bankruptcy proceedings.
Fairmount Park may be swept into the Hawthorne Race Course bankruptcy proceedings to answer questions under oath about alleged threats to any horsemen traveling from Fairmount to race elsewhere.
Hawthorne Race Course canceled racing April 30 for lack of entries but drew a seven-race card for May 3 with an average field size of 6.7 horses.
A federal bankruptcy judge approved interim financing and budget for Hawthorne Race Course at an April 20 hearing, less than 24 hours after the track's delayed Opening Day.
Hawthorne Race Course finalized plans April 15 to start its delayed 2026 Thoroughbred meeting April 19, its first day of operations since filing for bankruptcy protection.
Illinois Racing Board approves delayed schedule for Hawthorne Race Course during bankruptcy proceedings.