SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of Earliest Event Reported): April 23, 2004
| MAGNA ENTERTAINMENT CORP. (Exact Name of Registrant as Specified in its Charter) | ||
Delaware (State or Other Jurisdiction of Incorporation) | ||
000-30578 (Commission File Number) | 98-0208374 (I.R.S. Employer Identification No.) | |
337 Magna Drive, Aurora, Ontario, Canada (Address of Principal Executive Offices) | L4G 7K1 (Zip Code) | |
(905) 726-2462 (Registrant's Telephone Number, Including Area Code) | ||
Not Applicable (Former Name or Former Address, if changed since Last Report) | ||
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| ITEM 5. | Other Events and Regulation FD Disclosure |
On April 23, 2004, the Registrant issued a press release in which it announced that it will be proceeding with a major redevelopment of its Gulfstream Park racetrack, subject to obtaining all required permits and entitlements. The project will include significant modifications and enhancements to the racing surfaces and stable area, including the construction of a new, wider turf course. It will also include the construction of a modern clubhouse/grandstand offering an array of restaurants, bars and entertainment facilities.
The full text of the press release issued by the Registrant is attached as Exhibit 99.1 to this Current Report on Form 8-K and incorporated by reference herein.
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| ITEM 7. | Financial Statements and Exhibits | |
(c) | Exhibits | |
Exhibit 99.1 | Copy of Registrant's press release dated April 23, 2004. |
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
| MAGNA ENTERTAINMENT CORP. (Registrant) | |||
Date: April 29, 2004 | |||
by: | /s/ GARY M. COHN Gary M. Cohn, Secretary | ||
