Racetrack Magna Racino: A New Owner and an Uncertain Future

Lifestyle & TravelMore+ ♦ Published: January 16, 2025; 14:53 ♦ (Vindobona)

The Magna Racino in Ebreichsdorf (Baden district) has once again changed ownership. As confirmed by the town's mayor, Wolfgang Kocevar (SPÖ) the horse racing track now belongs to Irish billionaire Luke Comer. Comer purchased the property from the Lürßen Group, which had owned it since 2020. While the purchase price and the new owner's plans remain undisclosed, the public and local authorities are eagerly awaiting further developments in the coming months.

Racino Ebreichsdorf has been sold to the Irish billionaire Luke Comer (symbolic image). / Picture: © Wikimedia Commons; Noah Salzman, CC BY-SA 4.0 DEED (https://creativecommons.org/licenses/by-sa/4.0/deed.en)

The Magna Racino was established in 2004 by Austrian-Canadian industrialist Frank Stronach, who invested €75 million into the 200-hectare facility. Originally envisioned as a hub for horse racing and entertainment events, the venue never reached its anticipated popularity and has undergone several ownership changes over the past two decades.

In 2020, the facility was acquired…