What's Happening?
Turf Paradise in Phoenix, Arizona, could soon have a new operator, as California horse owner Gary Hartunian is in talks to lease the track. Turf Paradise owner Jerry Simms received conditional approval for a three-year permit to operate a race meet, contingent on completing necessary repairs by October 1. Hartunian plans to lease the track for two years and potentially build a new track on a different property. The deal includes the network of off-track betting sites run by Turf Paradise.
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Why It's Important?
The potential change in management at Turf Paradise could impact the local horse racing industry, affecting stakeholders such as horse owners, trainers, and bettors. Hartunian's involvement may bring new investment and development opportunities, potentially revitalizing the track and its operations. The conditional permit approval is crucial for ensuring the continuation of racing activities and maintaining industry standards.
What's Next?
Simms must complete the required repairs by October 1 to secure the permit and proceed with leasing the track to Hartunian. The Arizona Racing Commission will monitor the progress closely. If successful, Hartunian's management could lead to significant changes in Turf Paradise's operations and future development plans.
