Glenstar Properties

Two additional bidders in the controversial Arlington International Racecourse sale have been revealed, and neither explicitly mentions the continuation of Thoroughbred racing as a component of their proposed development. Eric Peterson of suburban Chicago's Daily Herald broke the story over the holiday weekend. Of the four now-known bids submitted to seller Churchill Downs, Inc. (CDI), only one--submitted by the track's former president, Roy Arnold--calls for the track's grandstand and track to remain in place alongside a new 60-acre entertainment district and 300 units of housing. Before this past weekend, the...