Exhibit 99

              Certifications pursuant to Section 1350 of Chapter 63
                        of Title 18 of United States Code



I, Jim McAlpine, the Chief Executive Officer of Magna Entertainment Corp.
("MEC"), certify to the best of my knowledge that (i) the Quarterly Report on
Form 10-Q of MEC for the quarterly period ended September 30, 2002 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/Jim McAlpine
                                         -------------------------------------
                                         Jim McAlpine, Chief Executive Officer

Date:  November 14, 2002


                                                                        Page 29




                                                                      Exhibit 99

              Certifications pursuant to Section 1350 of Chapter 63
                        of Title 18 of United States Code



I, Graham J. Orr, the Chief Financial Officer of Magna Entertainment Corp.
("MEC"), certify to the best of my knowledge that (i) the Quarterly Report on
Form 10-Q of MEC for the quarterly period ended September 30, 2002 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:  November 14, 2002


                                                                        Page 30