Phoenix company hopes to return horse racing to region in 2018 if sale goes through
By Jason Wheeler | The Daily Courier
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Horse racing may return to Yavapai County as early as next year if a Phoenix-based retail company decides to go through with purchasing the property. The company in question, JACOR Partners LLC, has been looking at the property for more than two years and is currently in the early stages of buying it, said Partner Tom Auther.
“We’re under contract. We don’t necessarily know if we’ll buy it or not,” he said, stating they have about 100 days to make that decision. “We’re walking through with some contractors, trying to figure out how much it’s going to cost to bring it up to operating condition. That’ll be a big part of our ultimate decision of what we do … We will probably know within the next six months if we’re going to close or not.”