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The death of a race course? Funding cuts take toll – CNN.com

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Fort Erie racetrack is one of the best in North America. It would be a sad day for racing if it closed.

The death of a race course? Funding cuts take toll – CNN.com
http://edition.cnn.com/2012/10/12/sport/horse-racing-funding-cuts/index.html

“The whole racing industry in Ontario is in trouble,” Fort Erie Economic Development and Tourism Corporation manager, Jim Thibert, said.

“Fort Erie Race Track is on a closing plan for the end of this year. The only thing that would interrupt that plan would be if we increased our business from CAD$30million ($30.6million) to CAD$35million ($35.6million) a year.”

Thibert said the outlook was fairly bleak for the historic track which employs 240 people. It is thought another 600 jobs could be lost through support services if it is forced to close its doors as planned in December.

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