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Paladino Purchases Parcel Including Fort Erie Race Track



(WBEN) -- Buffalo-based investors -- Carl Paladino's Ellicott Development and Castle and Mosey LLC  -- have purchased the land on which Fort Erie Race Track resides in Ontario.

The track had been on the market since 2007. The entire parcel is 358 acres.

Paladino and partners have not announced plans for the site. In the immediate area, the Canadian Motor Speedway is under construction which is expected to drive tourism to the area.

Financial details were not disclosed. Fort Erie is the oldest thoroughbred racing track in Canada and one of the biggest seasonal employers

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