-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, RT6TmjWHlbTJrgprxzz5eK6ax1QRmCt+9kzIuLLg4dhqU0O+tKf5crZFP7G5jOkz TRqwnf7G7i3iYMtenhcLnQ== 0000947871-00-000818.txt : 20001227 0000947871-00-000818.hdr.sgml : 20001227 ACCESSION NUMBER: 0000947871-00-000818 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20001226 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: MAGNA ENTERTAINMENT CORP CENTRAL INDEX KEY: 0001093273 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-AMUSEMENT & RECREATION SERVICES [7900] IRS NUMBER: 980208374 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: SEC FILE NUMBER: 005-59157 FILM NUMBER: 795789 BUSINESS ADDRESS: STREET 1: 2001 WILSHIRE BLVD SUITE 400 CITY: SANTA MONICA STATE: CA ZIP: 90403 BUSINESS PHONE: 6265747223 MAIL ADDRESS: STREET 1: 2001 WILSHIRE BLVD SUITE 400 CITY: SANTA MONICA STATE: CA ZIP: 90403 FORMER COMPANY: FORMER CONFORMED NAME: MI ENTERTAINMENT CORP DATE OF NAME CHANGE: 19991105 FORMER COMPANY: FORMER CONFORMED NAME: MI VENTURE INC DATE OF NAME CHANGE: 19990813 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: LADBROKE RACING CORP CENTRAL INDEX KEY: 0001130556 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 382697494 STATE OF INCORPORATION: DE FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 1131 EAST 19TH ST. CITY: CHEYENNE STATE: WY ZIP: 82001 BUSINESS PHONE: 3076373360 SC 13G 1 0001.txt SCHEDULE 13G UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. )* Magna Entertainment Corp. - -------------------------------------------------------------------------------- (Name of Issuer) Class A Subordinate Voting Stock - -------------------------------------------------------------------------------- (Title of Class of Securities) 559211107 - -------------------------------------------------------------------------------- (CUSIP Number) March 14, 2000 - -------------------------------------------------------------------------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [ ] Rule 13d-1(b) [X] Rule 13d-1(c) [ ] Rule 13d-1(d) *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). SCHEDULE 13G CUSIP NO. 559211107 - -------------------------------------------------------------------------------- 1) NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY) Ladbroke Racing Corporation - -------------------------------------------------------------------------------- 2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) (a) [ ] --------------------------------------------------------------------- (b) [ ] --------------------------------------------------------------------- - -------------------------------------------------------------------------------- 3) SEC USE ONLY ------------------------------------------------------------ - -------------------------------------------------------------------------------- 4) CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- (5) SOLE VOTING POWER Not applicable NUMBER OF SHARES ------------------------------------------------- BENEFICIALLY (6) SHARED VOTING POWER 1,012,195 OWNED BY EACH ------------------------------------------------- REPORTING PERSON (7) SOLE DISPOSITIVE POWER Not applicable WITH ------------------------------------------------- (8) SHARED DISPOSITIVE POWER 1,012,195 - -------------------------------------------------------------------------------- 9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,012,195 - -------------------------------------------------------------------------------- 10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions) [ ] ----------------------------------------------------- - -------------------------------------------------------------------------------- 11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 7.15% - -------------------------------------------------------------------------------- 12) TYPE OF REPORTING PERSON* CO - -------------------------------------------------------------------------------- 2 SCHEDULE 13G CUSIP NO. 559211107 - -------------------------------------------------------------------------------- 1) NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY) Ladstock Holding Corporation - -------------------------------------------------------------------------------- 2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) (a) [ ] --------------------------------------------------------------------- (b) [ ] --------------------------------------------------------------------- - -------------------------------------------------------------------------------- 3) SEC USE ONLY ------------------------------------------------------------ - -------------------------------------------------------------------------------- 4) CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- (5) SOLE VOTING POWER Not applicable NUMBER OF SHARES ------------------------------------------------- BENEFICIALLY (6) SHARED VOTING POWER 1,012,195 OWNED BY EACH ------------------------------------------------- REPORTING PERSON (7) SOLE DISPOSITIVE POWER Not applicable WITH ------------------------------------------------- (8) SHARED DISPOSITIVE POWER 1,012,195 - -------------------------------------------------------------------------------- 9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,012,195 - -------------------------------------------------------------------------------- 10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions) [ ] ----------------------------------------------------- - -------------------------------------------------------------------------------- 11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 7.15% - -------------------------------------------------------------------------------- 12) TYPE OF REPORTING PERSON* CO - -------------------------------------------------------------------------------- 3 SCHEDULE 13G CUSIP NO. 559211107 - -------------------------------------------------------------------------------- 1) NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY) Ladstock Second Corporation - -------------------------------------------------------------------------------- 2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) (a) [ ] --------------------------------------------------------------------- (b) [ ] --------------------------------------------------------------------- - -------------------------------------------------------------------------------- 3) SEC USE ONLY ------------------------------------------------------------ - -------------------------------------------------------------------------------- 4) CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- (5) SOLE VOTING POWER Not applicable NUMBER OF SHARES ------------------------------------------------- BENEFICIALLY (6) SHARED VOTING POWER 1,012,195 OWNED BY EACH ------------------------------------------------- REPORTING PERSON (7) SOLE DISPOSITIVE POWER Not applicable WITH ------------------------------------------------- (8) SHARED DISPOSITIVE POWER 1,012,195 - -------------------------------------------------------------------------------- 9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,012,195 - -------------------------------------------------------------------------------- 10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions) [ ] ----------------------------------------------------- - -------------------------------------------------------------------------------- 11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 7.15% - -------------------------------------------------------------------------------- 12) TYPE OF REPORTING PERSON* CO - -------------------------------------------------------------------------------- 4 SCHEDULE 13G CUSIP NO. 559211107 - -------------------------------------------------------------------------------- 1) NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY) Ladstock First Corporation - -------------------------------------------------------------------------------- 2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) (a) [ ] --------------------------------------------------------------------- (b) [ ] --------------------------------------------------------------------- - -------------------------------------------------------------------------------- 3) SEC USE ONLY ------------------------------------------------------------ - -------------------------------------------------------------------------------- 4) CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- (5) SOLE VOTING POWER Not applicable NUMBER OF SHARES ------------------------------------------------- BENEFICIALLY (6) SHARED VOTING POWER 1,012,195 OWNED BY EACH ------------------------------------------------- REPORTING PERSON (7) SOLE DISPOSITIVE POWER Not applicable WITH ------------------------------------------------- (8) SHARED DISPOSITIVE POWER 1,012,195 - -------------------------------------------------------------------------------- 9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,012,195 - -------------------------------------------------------------------------------- 10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions) [ ] ----------------------------------------------------- - -------------------------------------------------------------------------------- 11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 7.15% - -------------------------------------------------------------------------------- 12) TYPE OF REPORTING PERSON* CO - -------------------------------------------------------------------------------- 5 SCHEDULE 13G CUSIP NO. 559211107 - -------------------------------------------------------------------------------- 1) NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY) Ladbroke Hotels USA Corporation - -------------------------------------------------------------------------------- 2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) (a) [ ] --------------------------------------------------------------------- (b) [ ] --------------------------------------------------------------------- - -------------------------------------------------------------------------------- 3) SEC USE ONLY ------------------------------------------------------------ - -------------------------------------------------------------------------------- 4) CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- (5) SOLE VOTING POWER Not applicable NUMBER OF SHARES ------------------------------------------------- BENEFICIALLY (6) SHARED VOTING POWER 1,012,195 OWNED BY EACH ------------------------------------------------- REPORTING PERSON (7) SOLE DISPOSITIVE POWER Not applicable WITH ------------------------------------------------- (8) SHARED DISPOSITIVE POWER 1,012,195 - -------------------------------------------------------------------------------- 9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,012,195 - -------------------------------------------------------------------------------- 10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions) [ ] ----------------------------------------------------- - -------------------------------------------------------------------------------- 11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 7.15% - -------------------------------------------------------------------------------- 12) TYPE OF REPORTING PERSON* CO - -------------------------------------------------------------------------------- 6 SCHEDULE 13G CUSIP NO. 559211107 - -------------------------------------------------------------------------------- 1) NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY) Hilton Group plc - -------------------------------------------------------------------------------- 2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) (a) [ ] --------------------------------------------------------------------- (b) [ ] --------------------------------------------------------------------- - -------------------------------------------------------------------------------- 3) SEC USE ONLY ------------------------------------------------------------ - -------------------------------------------------------------------------------- 4) CITIZENSHIP OR PLACE OF ORGANIZATION United Kingdom - -------------------------------------------------------------------------------- (5) SOLE VOTING POWER Not applicable NUMBER OF SHARES ------------------------------------------------- BENEFICIALLY (6) SHARED VOTING POWER 1,012,195 OWNED BY EACH ------------------------------------------------- REPORTING PERSON (7) SOLE DISPOSITIVE POWER Not applicable WITH ------------------------------------------------- (8) SHARED DISPOSITIVE POWER 1,012,195 - -------------------------------------------------------------------------------- 9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,012,195 - -------------------------------------------------------------------------------- 10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions) [ ] ----------------------------------------------------- - -------------------------------------------------------------------------------- 11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 7.15% - -------------------------------------------------------------------------------- 12) TYPE OF REPORTING PERSON* CO - -------------------------------------------------------------------------------- 7 SCHEDULE 13G ------------ Item 1 (a) Name of Issuer: Magna Entertainment Corp. Item 1 (b) Address of Issuer's Principal Executive Offices: 337 Magna Drive, Aurora, Ontario, Canada L4G 7K1 Item 2 (a) Name of Person Filing: (1) Ladbroke Racing Corporation (2) Ladstock Holding Corporation (3) Ladstock Second Corporation (4) Ladstock First Corporation (5) Ladbroke Hotels USA Corporation (6) Hilton Group plc Item 2 (b) Address of Principal Business Office: The address of the principal business office of the person filing is: (1) Ladbroke Racing Corporation 1311 East 19th Street Cheyenne, WY 82001 (2) Hilton International Corporation 901 Ponce de Leon Blvd, Suite 700 Coral Gables, FL 33134 (3) Hilton International Corporation 901 Ponce de Leon Blvd, Suite 700 Coral Gables, FL 33134 (4) Hilton International Corporation 901 Ponce de Leon Blvd, Suite 700 Coral Gables, FL 33134 (5) Hilton International Corporation 901 Ponce de Leon Blvd, Suite 700 Coral Gables, FL 33134 (6) Maple Court, Central Park Reeds Crescent, Watford Hertfordshire WD1Z 1HZ England 8 Item 2 (c) Citizenship: (1) The corporation is organized under the laws of Delaware. (2) The corporation is organized under the laws of Delaware. (3) The corporation is organized under the laws of Delaware. (4) The corporation is organized under the laws of Delaware. (5) The corporation is organized under the laws of Delaware. (6) The corporation is organized under the laws of the United Kingdom. Item 2 (d) Title of Class of Securities: Class A Subordinate Voting Stock. Item 2 (e) CUSIP Number: 559211107 Item 3 Not applicable. Item 4 Ownership: (a) Amount Beneficially Owned: (b) Percent of Class: 7.15% (c) Number of Shares as to which such person has: (i) Sole power to vote or to direct the vote: Not applicable. (ii) Shared power to vote or to direct the vote: 1,012,195. (iii) Sole power to dispose or to direct the disposition of: Not applicable. (iv) Shared power to dispose or to direct the disposition of: 1,012,195. Item 5 Ownership of Five Percent or Less of a Class: Not Applicable. Item 6 Ownership of More than Five Percent on Behalf of Another Person: Not Applicable. Item 7 Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person: Not applicable. 9 Item 8 Identification and Classification of Members of the Group: Not Applicable. Item 9 Notice of Dissolution of Group: Not Applicable. Item 10 Certification: By signing below we certify that, to the best of our knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. 10 SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. LADBROKE RACING CORPORATION Dated: December 26, 2000 By: /s/ Paul Lierman -------------------- Name: Paul Lierman Title: Assistant Treasurer 11 SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. LADBROKE HOLDING CORPORATION Dated: December 26, 2000 By: /s/ Paul Lierman -------------------- Name: Paul Lierman Title: Vice President 12 SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. LADSTOCK SECOND CORPORATION Dated: December 26, 2000 By: /s/ Paul Lierman -------------------- Name: Paul Lierman Title: Vice President 13 SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. LADSTOCK FIRST CORPORATION Dated: December 26, 2000 By: /s/ Paul Lierman -------------------- Name: Paul Lierman Title: Vice President 14 SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. LADBROKE HOTELS USA CORPORATION Dated: December 26, 2000 By: /s/ Paul Lierman -------------------- Name: Paul Lierman Title: Vice President 15 SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. HILTON GROUP PLC Dated: December 26, 2000 By: /s/ Michael Noble -------------------- Name: Michael Noble Title: Company Secretary 16 JOINT FILING AGREEMENT The undersigned hereby agree that the Statement on Schedule 13G, dated December 26, 2000, (the "Schedule 13G"), with respect to the Class A Subordinate Voting Stock, par value $.01 per share, of Magna Entertainment Corp. is, and any amendments thereto executed by each of us shall be, filed on behalf of each of us pursuant to and in accordance with the provisions of Rule 13d-1(c) under the Securities and Exchange Act of 1934, as amended, and that this Agreement shall be included as an Exhibit to the Schedule 13G and each such amendment. Each of the undersigned agrees to be responsible for the timely filing of the Schedule 13G and any amendments thereto, and for the completeness and accuracy of the information concerning itself contained therein. This Agreement may be executed in any number of counterparts, all of which taken together shall constitute one and the same instrument. IN WITNESS WHEREOF, the undersigned have executed this Agreement as of the 26 day of December, 2000. LADBROKE RACING CORPORATION By: /s/ Paul Lierman ----------------------------- Name: Paul Lierman Title: Assistant Treasurer LADSTOCK HOLDING CORPORATION By: /s/ Paul Lierman ------------------------------- Name: Paul Lierman Title: Vice President LADSTOCK SECOND CORPORATION By: /s/ Paul Lierman ------------------------------- Name: Paul Lierman Title: Vice President 17 LADSTOCK FIRST CORPORATION By: /s/ Paul Lierman ------------------------------- Name: Paul Lierman Title: Vice President LADBROKE HOTELS USA CORPORATION By: /s/ Paul Lierman ------------------------------- Name: Paul Lierman Title: Vice President HILTON GROUP PLC By: /s/ Michael Noble ------------------------------- Name: Michael Noble Title: Company Secretary 18 -----END PRIVACY-ENHANCED MESSAGE-----