New Owners of the Lazy E!
GUTHRIE, OKLAHOMA— Gary McKinney of Midland, Texas, confirmed to TRACK Magazine late Friday afternoon that Reliance Ranches has completed the purchase of the properties known as Lazy E Ranch and Lazy E Arena. The transaction was closed Friday morning. The 960-acre facility in Logan County some 30 minutes north of Oklahoma City includes the 7,400 seat Lazy E Arena; a horse breeding facility that currently stands more than a dozen racing-bred American Quarter Horse stallions; a training center with a 5/8th mile oval race track; barns for conditioning of sale horses; turnout, rehab and layup facilities for racing age horses; and facilities for year-round boarding. McKinney, who operates Reliance Energy from its headquarters in Midland, owns Reliances Ranches with his son Micah and daughter-in-law Leslie. Reliance Ranches has been operating at the top end of the racing business for the past few years.