Exhibit 99.2

       CERTIFICATION BY THE CHIEF FINANCIAL OFFICER PURSUANT TO 18 U.S.C.
    SECTION 1350, AS ADDED BY SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002



I, Graham J. Orr, the Chief Financial Officer of Magna Entertainment Corp.
("MEC"), certify that (i) the Quarterly Report on Form 10-Q of MEC for the
quarterly period ended March 31, 2003 fully complies with the requirements of
Section 13(a) or 15(d) of the Securities Exchange Act of 1934, and (ii) the
information contained in such Quarterly Report fairly presents, in all material
respects, the financial condition and results of operations of MEC.



                                                    /s/ GRAHAM J. ORR
                                         --------------------------------------
                                         Graham J. Orr, Chief Financial Officer

Date:  May 14, 2003


A signed original of this written statement required by Section 906 has been
provided to Magna Entertainment Corp. and will be retained by Magna
Entertainment Corp. and furnished to the Securities and Exchange Commission or
its staff upon request.