Magna Entertainment Corp. files eighth default status report

Magna Entertainment Corp. files eighth default status reportAURORA, ON, Aug. 7 /PRNewswire/ — Magna Entertainment Corp. (”MEC” or the “Company”) filed this news release as its eighth bi-weekly default status report under National Policy 12-203 of the Canadian Securities Administrators, pursuant to which MEC announced that it would not be filing its Annual Report on Form 10-K for the fiscal year ended December 31, 2008, nor would it be filing quarterly reports on Form 10-Q, with the U.S. Securiti