Questions About Hawthorne Shutdown Are Left to Court
With no savior in sight for Hawthorne Race Course, the Illinois Racing Board has canceled its July 22 meeting; next steps in track shutdown are up to the bankruptcy judge.
With no savior in sight for Hawthorne Race Course, the Illinois Racing Board has canceled its July 22 meeting; next steps in track shutdown are up to the bankruptcy judge.
Last-ditch efforts to save racing at Hawthorne Race Course apparently have fallen short as the only bid at a bankruptcy auction came from a developer planning to demolish the track.
The judge hearing the Hawthorne Race Course bankruptcy case has extended the deadline for bids for the track, hoping to maximize value and encourage bidders who want to continue racing.
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.
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.