RUIDOSO, N.M. (KRQE) – It looks like the Ruidoso Downs will soon have a new owner, actually five of them.
The General Manager Shaun Hubbard announced Monday that five horsemen are joining together to purchase the track. He says they have signed a letter of intent but the state Racing Commission must still approve the buy.
The track has been operated by the Hubbard family for the past 30 years.
They tell the Alamogordo Daily News that they believe the horsemen may have the passion needed to keep the track moving in a positive direction.