Following an abbreviated, but by all accounts successful, season at Les Bois Park, local investors have bought out their Alabama-based partners to take over 100 percent of Treasure Valley Racing. The purchase is expected to be complete Tuesday, Nov. 15.
This year's 15-day season was the first in three years, and produced better-than-expected attendance and 150 seasonal jobs. TVR's lease agreement with Ada County guarantees live races at the Garden City track for the next five years. Organizers said they expect at least 30 race days for 2012.
"Although we faced numerous challenges to reopen the track in time for a live race meet this past July, the unwavering commitment of all involved allowed us to make that a successful reality," said Scott Phelps, a representative of the former partners Alabama-Idaho, Inc. "The community is fortunate to have such strong local support of horse racing."