Tim Carey

The aim is to find a buyer who wants it for a racino A lawyer representing Hawthorne Race Course in the track's Chapter 11 bankruptcy attempt to restructure between $100 and $500 million in debt told the Illinois Racing Board (IRB) on Wednesday that the track's ownership has asked a federal judge for a time extension that, if granted, could accommodate a potential auction of the property by early August. Both Tim Carey, the president of the family-owned Hawthorne, and his bankruptcy attorney, Barry Chatz, underscored during their update to...

After two days of proceedings in a federal bankruptcy court in Chicago Tuesday and Wednesday, judge Timothy Barnes has authorized the release of funds to pay outstanding wages owed to Hawthorne employees and to pay for the necessary equipment to resurface the track in preparation for a Thoroughbred meet, according to Illinois Thoroughbred Horsemen's Association (ITHA) president Chris Block, who attended the hearings. Hawthorne, and its related companies, filed for a Chapter 11 business reorganization Friday. The filing is built around a "debtor in possession" financing mechanism, which is when...

Hawthorne Race Course, and its related companies, has filed for a Chapter 11 reorganization in Federal Bankruptcy Court in Chicago Friday. According to a press release issued by the track, the "reorganization plan will prioritize paying accrued purses to the Illinois Horsemen as well as payroll for the track employees while restructuring the company's debt. "The goal of the reorganization is to attract a buyer or investor willing to recapitalize Hawthorne and restart operations of the racecourse while maximizing recovery to the company's creditors. Hawthorne will be working with financial...

The 2026 Thoroughbred meet at Hawthorne is supposed to start in just over a month. The ominous wall of silence and uncertainty hanging over the track's future, however, is leaving the horsemen and women relying on the meet's go-ahead "extremely worried and concerned," said Illinois Thoroughbred Horsemen's Association (ITHA) president Chris Block on Monday. "We've implored the [Illinois Racing Board] executive director and the chairman [Daniel Beiser] that they get Hawthorne to the table. I'm hopeful that'll happen," said Block, who estimated that there are currently around 175 Thoroughbreds stabled...

Though Hawthorne maintenance crews took the first step Monday toward converting the racing surface so that it is suitable for Thoroughbred racing, Illinois horsemen remain skeptical that racing will proceed when the Thoroughbred meet is scheduled to open Mar. 29. Hawthorne officials had testified at a meeting of the Illinois Racing Board that work would begin Monday to change over the racetrack from a Standardbred surface to one that is conducive to Thoroughbred racing. But Illinois Thoroughbred Horsemen's Association (ITHA) Executive Director Dave McCaffrey noted that the only work that...

The extent of Hawthorne Race Course's financial troubles, and with it the enormous ramifications for industry stakeholders in the state, were made glaringly clear during Wednesday's Illinois Racing Board (IRB) meeting. On Monday, the racing board suspended the operating license of Suburban Downs, Inc., which manages Hawthorne's harness meet, for "failure to provide documentation demonstrating its financial integrity, and proof that they can meet the minimum standards" as outlined in state law. According to representatives from the Illinois Harness Horsemen's Association (IHHA) who attended Wednesday's meeting, Hawthorne--which is owned and...

With 2025 drawing to a close and the beleaguered Chicago racing community having gone two months since the last public update from Hawthorne Race Course regarding its long-promised but still unbuilt racino, you'd think the focus of Thursday's Illinois Racing Board (IRB) meeting might have involved some sort of formal request to know where Hawthorne stood on the oft-delayed project that the state legalized back in 2019 and is considered imperative for the future of racing in Illinois. At the IRB's Sept. 18 meeting, Tim Carey, Hawthorne's president and general...

Hawthorne Race Course and Fairmount Park came into Thursday's Illinois Racing Board (IRB) after having considered and swapped back and forth 12 different versions of racing calendars for 2026 that the two tracks hoped would dovetail for the benefit of all racing in the state. But as the Sept. 18 meeting approached the three-hour mark and differences remained over many of the same issues that have complicated the Illinois calendar the past several seasons--chief among them the state's tenuous Thoroughbred population and the fact that Hawthorne also must switch its...

Thursday's Illinois Racing Board (IRB) meeting, at which 2025 race dates were awarded, yielded almost the exact same headline and summation of how the very same commission meeting unfolded last year: Illinois racing is still struggling to recover from the twin blows of the 2021 closure of Arlington International Racecourse and the inability of the state's two surviving Thoroughbred venues--Hawthorne Race Course and Fairmount Park (AKA FanDuel Sportsbook & Horse Racing)--to follow through with building their proposed racinos that were legalized back in 2019. Yet while last year's IRB annual...

Illinois racing is still struggling to recover from the twin blows of the 2021 closure of Arlington International Racecourse and the inability of the state's two surviving Thoroughbred venues--Hawthorne Race Course and FanDuel Sportsbook & Horse Racing--to follow through with building their proposed racinos that were legalized back in 2019. Yet Thursday's Illinois Racing Board (IRB) meeting was conducted with a noticeably welcome tone of cautious optimism, as commissioners unanimously approved 2024 race dates against the backdrop of revamped racino construction schedules at both venues that could mean gaming revenue...

Hawthorne Race Course will not run a spring Thoroughbred meet in 2020 because the afternoon races will conflict with the large-scale reconstruction of the track's grandstand and clubhouse that will transform the plant into a racino. Earlier this summer, Illinois legalized slot machines, table games and sports betting at the state's commercial pari-mutuel tracks. The Blood-Horse first broke the story on Thursday, but TDN obtained additional details about the project from both Hawthorne and Illinois Thoroughbred Horsemen's Association (ITHA) officials. "The beginning of the construction is going to be in...