Thoroughbred racing could return to the long-shuttered Colonial Downs racetrack in New Kent County.
A group of racetrack people from the Midwest is interested in buying the racetrack. Frank Petramalo Jr., head of the Virginia horsemen’s group declined to elaborate about the interested party but would welcome it. If Colonial Downs were to reopen, that would be our main focus.
Stan Guidroz, an executive with Colorado-based Jacobs Entertainment Inc., the track’s owner, said Colonial Downs has never been listed for sale. “But we have had interested parties.”
No price has ever been set for the property.
Colonial Downs was shuttered in October 2014 when the horsemen and Jacobs could not come to an agreement about the number of race days and size of the purses.
The Virginia Equine Alliance, a consortium of horse groups including Petramalo’s organization, has considered other sites to bring Thoroughbred racing back to Virginia and to Powhatan Plantation, a 1,000-acre farm in King George County east of Fredericksburg.