Vernon Open House for Possible New Investors

Harness Racing Communications, a division of the USTA

According to a story in the Syracuse (NY) Post-Standard, Vernon Downs will be open to inspection of the grounds and financial records by potential new investors this week.

The track’s parent company, Mid-State Raceway, has sent a notice to eight potential investors; the grounds and records will be open to them Tuesday through Thursday of this week. The paper reports that as of today, Mid-State loses the exclusive right to pull the company out of bankruptcy, which opens the way for other possible investors.

Related Articles:

  • Judge Approves Loan For Vernon (Thursday, February 17, 2005)
    The bankruptcy judge handling the Vernon Downs/Mid State raceway matter has given permission for the track to borrow $1.2 million from breeder/owner Jeff Gural, according to a story in the Syracuse Post Standard.
  • Ex-Trump CEO To Run Mid-State Raceway (Tuesday, February 22, 2005)
    Edward Tracy is expected to start soon as the new CEO of Mid State Racing, the parent company of Vernoncompany of Vernon Downs.
  • Vernon Gets OK To Hire New CEO (Friday, March 04, 2005)
    A bankruptcy court judge has given Mid-State Raceway, parent company of Vernon Downs, approval to hire a new Chief Executive Officer.

Back to Top

Share via