SECURITIES AND EXCHANGE COMMISSION
Washington, DC 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): October 26, 2001
MAGNA ENTERTAINMENT CORP.
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(Exact Name of Registrant as Specified in its Charter)
Delaware
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(State or Other Jurisdiction of Incorporation)
000-30578 98-0208374
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(Commission File Number) (I.R.S. Employer Identification No.)
337 Magna Drive, Aurora, Ontario, Canada L4G 7K1
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(Address of Principal Executive Offices) (Zip Code)
(905) 726-2462
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(Registrant's Telephone Number, Including Area Code)
NOT APPLICABLE
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(Former Name or Former Address, if changed Since Last Report)
ITEM 5. OTHER EVENTS
On October 26, 2001, Magna Entertainment Corp. (the "Registrant") issued a press
release in which it announced that it has filed with the United States
Securities and Exchange Commission an amendment to its registration statement,
and will shortly file a preliminary short form prospectus with the securities
commissions of each province of Canada, for a public offering of 20 million of
its Class A Subordinate Voting Shares. The offering contemplates an over-
allotment option allowing the underwriters to purchase up to an additional 3
million Class A Subordinate Voting Shares. The full text of the press release
issued by the Registrant is attached as Exhibit 99 and is incorporated herein by
reference. The preliminary short form prospectus was filed with the provincial
securities commissions on October 30, 2001.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
Exhibit 99 Copy of Registrant's press release dated October 26, 2001.
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SIGNATURES
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 hereunto duly authorized.
MAGNA ENTERTAINMENT CORP.
(Registrant)
Date: October 31, 2001 by: /s/ Gary M. Cohn
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Gary M. Cohn, Secretary