Vogel Buys Back Rosecroft
On July 8, the stockholders of Cloverleaf Enterprises Inc. unanimously voted to approve the sale of Rosecroft Raceway in Price George’s County to former owner Mark Vogel. Vogel told The Baltimore Sun that the purchase is costing him more than 10 million dollars. Since Cloverleaf filed for Chapter 11 bankruptcy in June, a bankruptcy judge must approve the sale. Also, the Maryland Racing Commission must approve transfer of Rosecroft’s racing license to Vogel before live harness racing can resume.
Vogel hopes to have live racing back at the track by January 2010 and is also looking into the possibility of adding a restaurant on the grounds and hosting concerts and other events.
Cloverleaf Loses Lawsuit
A federal judge on July 15 denied Cloverleaf Enterprises Inc.’s request to reinstate Thoroughbred simulcast signals at Rosecroft Raceway. According to The Baltimore Sun, Cloverleaf had also asked for a temporary restraining order and preliminary injunction to order the Maryland Thoroughbred Horsemen’s Association and the Maryland Horse Breeders Association to stop interfering with Rosecroft’s simulcast agreement and order out-of-state racetracks to restore Rosecroft’s signal. The judge denied this request as well.
To read background information on these two issues, click here.
