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Hollywood Park Nearing its Last Lap

After years of economic downturn, Hollywood Park may see its last horse race, leaving track goers with nothing more to bid than a final farewell. Bay Meadows Land Co. purchased the racetrack from Churchill Downs Inc. with hopes of reviving the track to a level of economic efficiency. However, Bay Meadows has announced that if efforts to regenerate revenues fail, the track will close permanently.

Hollywood Park, which sits on 238 acres in the city of Inglewood, first opened in 1938 during the early, glamorous days of the Hollywood entertainment industry. Jack L. Warner of Warner Brothers was chairman of the park, while Walt Disney, Ralph Bellamy and Samuel Goldwyn were all stakeholders. The allure of horseracing also attracted celebrities such as Cary Grant, Bing Crosby, Fred Astaire and Telly Savalas, who would sneak away from the studios to make wagers.

Dubbed the "city of champions," Inglewood was also once home to the Lakers and Kings and famous for its professional sporting events. With the loss of those teams years ago, the racetrack was left to back the city’s title. Yet, competition from Indian casinos, online betting and declining interests in horse racing have contributed to the track’s decline in recent years.

Read the entire article at: Canyon News 

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