Sale of Prescott horse racetrack becomes final - FOX 10 News | fox10phoenix.com

Sale of Prescott horse racetrack becomes final

Updated:

PRESCOTT, Ariz. (AP) - The sale of the Yavapai Downs horse racetrack to Gary Miller has become final, and now he is working to have the Prescott track resume racing by late May.

The track closed in May 2011, two months before the Yavapai County Farm & Agriculture Association filed under Chapter 7 of the Bankruptcy Code.

A federal bankruptcy judge approved the sale of the track to Miller for $5.5 million, but the sale did not become final until Wednesday.

According to The Daily Courier, the grandstands building needs to be repaired.

Miller said he'll rename the track.

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Powered by WorldNow

KSAZ-TV & KUTP
511 W. Adams St.
Phoenix, AZ 85003

Phone: (602) 257-1234
Fax: (602) 262-0177

Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | New Terms of Service What's new | Ad Choices