OAK TREE RACING TO BE CONDUCTED AT SANTA ANITA, NON-PROFIT GROUP’S 42ND ANNUAL MEET TO BEGIN SEPT. 29

ARCADIA, Calif. (June 23, 2010)—The Oak Tree Racing Association will conduct its 42nd annual meeting at Santa Anita Park, with opening day set for Sept. 29, it was announced at a meeting of the California Horse Racing Board (CHRB) on Tuesday.

Oak Tree, which had its lease with Santa Anita’s corporate owner, Magna International Development (MID) voided this past May, was originally inked to run at Santa Anita through 2016.

At Tuesday’s CHRB meeting, MID Chairman Frank Stronach agreed to a special one-year lease agreement with Oak Tree that will enable the non-profit group to operate this fall as originally scheduled.

“Mr. Stronach has generously changed his mind and allowed us to stay for another year,” said Oak Tree Director and Executive Vice President Sherwood Chillingworth. “I think it’s (new one-year lease) good for the industry and for all of us.”

Oak Tree, which conducted its first meeting in 1969, is a not-for-profit, non-dividend-paying group of active California owners and breeders whose directors serve without compensation.

Since 1969, the Oak Tree Racing Association has contributed more than $26 million to projects benefiting the racing industry and Oak Tree has hosted the Breeders’ Cup World Championships on five different occasions, in 1986, 1993, 2003, 2008 & 2009.

For more information on the Oak Tree at Santa Anita meeting, including racing and group sales updates, fans are encouraged to call (626) 574-6308, or to visit www.oaktreeracing.com.

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