Frank Stronach’s persistence in the face of adversity exemplifies what separates the most successful entrepreneurs from the pack. In the wake of the bankruptcy of Magna Entertainment Corporation–when the assets have not yet been disposed of–Mr. Stronach is again playing a high-stakes game.

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The men on the inaugural Horse Racing Business “Power Dozen” for 2009 were selected because they have had a significant positive and/or negative effect on the horse racing industry in the United States.

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In the final week of December, 2008, a newspaper headline was ominous: “Retail experts predict more store closings, bankruptcies, layoffs in 2009.”

Will pari-mutuel retailer Magna Entertainment Corporation (MEC) be among the casualties?

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