Historic Moments
On opening night (September 2, 1940) the horse, Miss June, collapsed and died on the track after winning the fifth race. In 1942, George Levy was saddled with mounting debt. He would have to raise $20,000 or forfeit the raceway. This loan would prove almost disastrous to Roosevelt Raceway when Levy came under investigation of the Kefauver Committee in the 1950s. In 1944 the Raceway was in dire straits (again) and about to be evicted from the premises for $70,000 back rent, Mr. Levy bargained to purchase the land for the meager sum of $950,000 (satisfied on May 17, 1956.) By 1956 the original Vanderbilt grandstands were burdened by excessive additions and dangerous decay. Within the next season the new clubhouse-grandstand "plant" replaced the old Vanderbilt track without interruption of the racing schedule. In 1964 the largest twin double was hit for 172,726.80 for a $2 ticket. The property was utilized by several organizations for other events. The most notable event was a rock concert; "Summersault '74", which drew a crowd of 75,000 (and featured performances by Crosby, Stills, Nash & Young, Joni Mitchell, Jesse Colin Young, and the Beach Boys). After Roosevelt Raceway closed in 1988, the Plain and Fancy Shows, Inc used the facility as a flea market. Roosevelt Raceway was the first race track to be accepted by the American Stock Exchange (1956).
Read more about this topic: Roosevelt Raceway (harness Racing)
Famous quotes containing the words historic and/or moments:
“It is, all in all, a historic error to believe that the master makes the school; the students make it!”
—Robert Musil (1880–1942)
“Even the most subjected person has moments of rage and resentment so intense that they respond, they act against. There is an inner uprising that leads to rebellion, however short- lived. It may be only momentary but it takes place. That space within oneself where resistance is possible remains.”
—bell hooks (b. c. 1955)