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Is Arlington Race Track closing for good?

Is Arlington Race Track closing for good?

The Bears $197 million deal to acquire Arlington Park is expected to close in late 2022 or early 2023.

Is Arlington race track still in business?

Owner Churchill Downs Inc. announced plans in February 2021 to sell all 326 acres of Arlington Park property for redevelopment….Arlington Park.

Arlington Park in May 2022
Location Arlington Heights, Illinois
Owned by Churchill Downs Inc. (Pending sale to the Chicago Bears)
Date opened October 13, 1927
Date closed September 25, 2021

What is happening with Arlington Race Track?

The Bears entered a purchase agreement in September to buy the horse racing site in Arlington Heights for $197 million, and are continuing to evaluate various aspects of the proposal before hoping to close on the deal in 2022 or 2023.

Does Churchill Downs Own Arlington Race Track?

Arlington International Racecourse will not race this year, with track owner Churchill Downs Inc. reaching a purchase agreement last fall with the National Football League’s Chicago Bears for the Chicago-area property, but its most important stakes will go on in 2022.

Are the bears moving to Arlington Heights?

The Bears took their first steps away from Soldier Field (and toward Arlington Heights) back in September, when the team officially announced its plans to purchase Arlington Park.

Could the Bears move to Arlington Heights?

The National Football League’s (NFL) Chicago Bears could complete their acquisition of the Arlington Heights Racecourse by early 2023, the team’s president has confirmed.

Did the Bears buy Arlington race Track?

In September, it was revealed that the Bears had agreed to purchase the suburban site, with the intention of exploring the possibility of building a new stadium there. In October, the Bears had begun talks with Arlington Heights officials on potential zoning for a new stadium project.

Why did Arlington Park close down?

Arlington President Tony Petrillo said the closure is partly due to being located between both Rivers and the Grand Victoria Casino in Elgin, which could expand substantially. Petrillo started working for Arlington 28 years ago by helping to build its off-track betting parlors.

Did the Bears buy Arlington race track?

Are the Bears buying Arlington Park?

The Bears have signed a purchase agreement for the Arlington International Racecourse property in suburban Arlington Heights, Ill., The Athletic has learned. The Bears made the news official on Wednesday morning and are buying the 326-acre property for $197.2 million. “We are not surprised by this move.

What is Arlington racetrack worth?

Arlington Park in Arlington Heights, Ill. Churchill Downs Incorporated announced on Wednesday that it has signed a purchase and sale agreement with the Chicago Bears of the National Football League to sell Arlington Park racecourse, a 326-acre property in Arlington Heights, Ill., for $197.2 million.

Why race at Arlington?

Arlington International Racecourse epitomizes everything about the Sport of Kings, offering the best of Thoroughbred racing in a setting rooted deep in tradition. Racing occurs over Arlington’s renowned turf course and a synthetic main track.

What is the Arlington Million horse racing?

Racing occurs over Arlington’s renowned turf course and a synthetic main track. The Chicagoland tradition continues with the International Festival of Racing, featuring the Arlington Million, a day that draws horses, owners, trainers, jockeys, and fans from every corner of the world.

What is Arlington International?

Arlington International is one of the top 10 entertainment destinations in Chicagoland. In addition to thrilling Thoroughbred horse racing, the season is filled with must attend special events ranging from wine tastings to concerts to themed family days.