THE STRONACH GROUP TO CONSOLIDATE RACING OPERATIONS IN SOUTHERN CALIFORNIA

In a major development aimed at consolidating, invigorating and innovating racing throughout Southern California, The Stronach Group today announced it will double down on its prestigious racing and training venues at Santa Anita Park and San Luis Rey Downs by closing Golden Gate Fields at the end of the 2023 racing meet.

At the conclusion of the Golden Gate Fields meet, the company will focus on seamlessly transitioning horses from Northern California to Southern California with the goal of increasing field sizes and adding another day of racing to the weekly racing calendar at Santa Anita Park, come January 2024. This consolidation will provide expanded content opportunities, wagering prospects and will serve to further elevate the overall customer experience at Santa Anita Park.

“The Stronach Group remains steadfastly committed to racing in California,” said Belinda Stronach, Chairwoman, Chief Executive Officer and President, The Stronach Group. “We believe that the future success of racing depends on a business model that encourages investment in Southern California, one of North America’s premier racing circuits. Focusing on Santa Anita Park and San Luis Rey Downs as state-of-the-art racing and training facilities that offer enhanced program quality, increased race days, expanded wagering opportunities, and premier hospitality and entertainment experiences is vital to ensuring that California racing can continue to compete and thrive on a national level.”

Stronach added “We recognize that the decision will have profound effects on our valued employees as well as the owners, trainers, jockeys and stable personnel at Golden Gate Fields. The Stronach Group is committed to honoring labor obligations and developing a meaningful transition plan.”

Moving forward, the company will work in cooperation with industry participants including the California Horse Racing Board, Thoroughbred Owners of California, California Thoroughbred Trainers, and Del Mar and Los Alamitos racetracks, to develop a plan to relocate horses and employees to Southern California while supporting all affected by this closure.