Mount Pleasant Meadows Surrenders Racing License
Track owners are seeking new funding to allow live racing to resume at the Michigan track.
February 15, 2014
According to an article on DRF.com, the group that owns and operates Mount Pleasant Meadows in Michigan has voluntarily surrendered its racing license and ceased simulcasting earlier in the month.
"Oil Capital Race Venture Inc. will maintain their Track License for the time being with the hope of securing new funding in the future and allow them to resume live racing and simulcasting," said a release from the Michigan Gaming Control Board. "Additionally, the simulcast purse pool monies apportioned for the surrendered Race Meeting License will be placed into escrow, and shall remain in escrow until further notice."
Mount Pleasant Meadows has been the primary home for American Quarter Horse racing in the state for many years and also offered Thoroughbred, Arabian, Paint and Appaloosa racing. The Michigan HBPA recently announced plans to shift Thoroughbred racing to Hazel Park and Northville Downs, harness tracks that are located near Detroit. An earlier article on DRF.com indicated that Quarter Horse racing would be included in that plan.
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