“I want to put those racetracks into a trust, run by its stakeholders,” he said. “What does that mean? It would mean that they could never be developed. Yes, we can build some hotels, we can build some condos, but not so it impedes the racing. It should complement the racing.”
This idea garnered significant support from the crowd on hand as well as the general racing community, including horse owner William Deburgh. Deburgh sees this option as one which would not just benefit the Stronach family, but racing as a whole. “One of the greatest problems we have in horse racing is no certainty for the future,” noted Deburgh. “He [Frank] has a vision and a proposal for all of the racetracks that he owns to be put in a trust and managed by the stakeholders of the industry for the benefit of the industry.”
