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Arlington Racetrack 2019/2021   Horse Racing

Started 2/13/19 by Amy (1pony); 26007 views.
sandins

From: sandins

10/2/21

yep...........Big business..........

Amy (1pony)
Staff

From: Amy (1pony)

10/15/21

Is this a pipe dream or could it work?

gerchgo

From: gerchgo

10/15/21

Never say never. Chicago mayor doesn’t get swayed much and the Bears might not be able to leave Chicago without significant financial loss. It’s good to be ready to jump in if the sale falls through. But they should also consider purchasing /reopening Balmoral for harness and leave Hawthorne for flat racing. The issue there is it’s in Will County, and racing’s were approved for Cook only in the northern section. That would require amendments to legislative law.

Amy (1pony)
Staff

From: Amy (1pony)

10/15/21

The Bears only lease the field I know the lease runs thru 2033 but they could make a one time payment in 2026 to leave early.

gerchgo

From: gerchgo

10/15/21

Yes, but they need that money to purchase and develop the site. 

Amy (1pony)
Staff

From: Amy (1pony)

10/16/21

The Bears will need to find a partner to help them build the stadium (probably a company who will get the naming rights).

But 84 Million to buy out the lease isn’t that much when you consider the $$ a new stadium will bring in for them.

gerchgo

From: gerchgo

10/16/21

Yes Arlington is in cook, but Balmoral is in Will county.

sandins

From: sandins

10/16/21

sorry,as I read your message wrong and don't even know about Balmoral!

gerchgo

From: gerchgo

10/16/21

Once upon a time Balmoral ran flat races, then switched over to harness. It closed and was sold to a horse show event company, which did run for 2 years before moving to a northern Illinois site. Barns have been completely redone and track could easily be installed again as they didn’t change much of it, so it could be used for that again. But, it is in Crete, Illinois and Will County, so not viable under law for Cook County.:(.   Only 15 min from my house….

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