JOE MORRIS TO STEP DOWN AS GENERAL MANAGER OF GOLDEN GATE FIELDS TO ASSUME POSITION OF PRESIDENT OF THOROUGHBRED OWNERS OF CALIFORNIA

April 17, 2013 -- The Stronach Group announced today that Joe Morris will step down as General Manager of Golden Gate Fields effective June 16, 2013, the conclusion of Golden Gate Fields’ current racing meet. Joe has accepted the position of president of the Thoroughbred Owners of California (TOC).

Keith Brackpool, Chairman of Santa Anita Park and Golden Gate Fields said, “While we are sorry to lose someone of Joe’s stature, we understand and respect his interest in participating more directly in the ongoing restructuring of our industry in California. Joe has been a valuable member of the Stronach Group and we wish him the very best in his future endeavors with the TOC.”

The Chairman of TOC Board, Mike Pegram stated, “The TOC is very excited that Joe Morris has accepted the position of president of the TOC. Joe has been a major contributor to California racing since his arrival at Golden Gate Fields. We want to thank the Stronach Group for working with us to make Joe's transition a seamless one.”

“I have enjoyed my time working with The Stronach Group and am very proud of my team’s accomplishments,” said Morris. “Golden Gate Fields’ meet is up this racing season and I look forward to seeing the track’s continued success. It is an exciting time to be joining the TOC and I look forward to working with the TOC Board, tackling the important issues facing California racing.”

The Stronach Group is North America’s leading Thoroughbred racetrack owner/operator. The Stronach Group racetracks include Santa Anita Park, Gulfstream Park & Casino, Golden Gate Fields, Portland Meadows, Laurel Park and Pimlico Race Course, home of the world-famous Preakness. The company owns and operates the Palm Meadows Training Center in Florida, and is one of North America's top race horse breeders through its award-winning Adena Springs operation. The Stronach Group is one of the world's largest suppliers of pari-mutuel wagering systems, technologies and services. Its companies include AmTote, a global leader in wagering technology; Xpressbet, an Internet and telephone account wagering service; and Monarch Content Management, which acts as a simulcast purchase and sales agent of horseracing content for numerous North American racetracks and wagering outlets. The Stronach Group is also a major producer of televised horseracing programming through its HRTV cable and satellite network and is North America's premier supplier of virtual online horseracing games, as well as a leading producer of social media content for horseracing. For more information contact Media Relations at 905-726-7600.