The Stronach Group has decided to permanently close down Golden Gate Fields in Berkeley after its final meet ends in December, boosting Santa Anita.
The ban of legendary horse racing trainer Bob Baffert by Churchill Downs Inc. was extended another 1½ years, but why? The Times examines the case.“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,” said Belinda Stronach, chief executive and president of The Stronach Group.
“This announcement may be sudden but it is not totally unexpected,” said Bill Nader, TOC president and chief executive. “Production costs and purse generation in California do not have the benefit of a second source of income like other competing states, leaving little margin for error. While it may seem logical that a lot of the Golden Gate horses will move south, the California fair circuit, which includes Ferndale, Fresno, Pleasanton, Sacramento and Santa Rosa, will be making a strong pitch to keep the horses in the north.
Of the fair stops, only Santa Rosa has a turf course, but Swartzlander says one is being added to Sacramento.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Golden Gate Fields, last Northern California horse track, to close permanentlyGolden Gate Fields will permanently close after its final racing date later this year at the San Francisco Bay area horse track.
Read more »
Golden Gate Fields racetrack to close this fallIt’s the end of an era for Northern California horse racing. Golden Gate Fields will permanently close after its final racing date later this year at the San Francisco Bay area track.
Read more »
Elle Macpherson Showed Off Her Golden Summer Glow in a Stunning Makeup-Free Bikini SelfieElle Macpherson knows how to win the summer with this gorgeous look.
Read more »
Update: OH MY GIRL Sings Sneak Peeks Of The Songs On “Golden Hourglass”Update: OH MY GIRL Sings Sneak Peeks Of The Songs On “Golden Hourglass”
Read more »