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The Stronach Group, via its 1/ST brand, is a leading North American enterprise in Thoroughbred racing, entertainment, and real estate. It manages premier racetracks, training centers, and key events like the Preakness Stakes. The company provides media, content, and advanced racing/gaming technology to enhance the racing and wagering experience.
Frank Stronach, the accomplished Austro-Canadian founder of Magna International, established The Stronach Group in 2011 with his daughter Belinda. Their vision was to create a vertically integrated enterprise, consolidating and modernizing Thoroughbred racing through Frank Stronach's extensive passion and experience.
The company serves racing enthusiasts, bettors, and owners with comprehensive services in live racing and wagering technology. Its vision focuses on innovating for the sport’s future, advocating critical industry reforms, and investing substantially in horse and rider safety. This includes dedicated aftercare programs for retired Thoroughbreds and jockeys, ensuring welfare and sustainability.
Key people at Stronach Group.
Stronach Group was founded in 1999 by Frank Stronach (Founder).
Key people at Stronach Group.
Stronach Group has 1 tracked investment across 1 company. The latest tracked deal is $20.0M Series A in Betr in August 2022.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Aug 1, 2022 | Betr | $20.0M Series A | — | Abstract Ventures, BITKRAFT Ventures, Bond, Gradient Ventures, Pareto Holdings, Paul Heydon, Braxton Berrios, David Grutman, Deirdre Bigley, Desean Jackson, DEZ Bryant, Ezekiel Elliott, Gary Barber, Mark WAN, Richard Sherman, Roger Ehrenberg, Russell Galbut, Travis Scott, 305 Ventures, 8VC, Aliya Capital Partners, Anti Fund, Elysium Venture Capital, FinSight Ventures, FJ Labs, Saxon Baum, Fuel Venture Capital, Gaingels, Magic City Casino, Moving Capital, Palm Tree Crew, Riverside Ventures, Simplebet, TampaBay.Ventures |
Stronach Group was founded in 1999 by Frank Stronach (Founder).