Health Problems with Artificial Surface at Santa Anita?

Looks like Magna is having health problems with the new track surface at Santa Anita. They used a different product at Golden Gate Fields but still not exactly what we wanted to hear. They asked Albany to take safety claims at face value. I don't think they have shared this with anyone at the City of Albany.

This is from their Q1 Conference call with inverstors:

Glenn Mattson – GTK Capital

Good afternoon. Could we have an update, please on what's happening on Santa Anita on the track surface and how much more is needed to be spent there, please? Thank you.

Frank Stronach

Yes. First of all, again, that was a – we got a, call it the state imposed or the Racing Commission which is the state organization imposed that we must use synthetic surfaces. And in hindsight we should have said, "Look, if you pay for it, fine. If not we're not going to change it, okay?" We're going to have a different attitude in the future. I'm personally I've always said I don't believe so much in synthetic surfaces but we have – we are right now in the process from health issues because there's a fair amount of dust flying away, so that has to be verified that there is no health issue and we should have that within the next maybe couple of weeks and then we will do what we do have a water test where we, because we had a problem, we had an unusual amount of rain and that kind of – the water didn't drain and thereby we had to cancel races and thereby we lost a lot of monies. So those things would have to be done, if the water test is fine because we made some amendments in the race course and if the health analysis is safe for horses and for people, then we leave it the way it is. Otherwise, it might mean we might have to go back to turf surface. We'll take the next question. Okay, another question, please?

Read the whole transcript here:
http://seekingalpha.com/article/78684-magna-entertainment-corp-q1-2008-earnings-call-transcript?source=reuters&page=-1