California Horse Racing Faces Economic Crisis As Sales Plans Emerge

Santa Anita Park has taken significant steps to support the community during the devastating wildfires in the San Gabriel Valley by canceling races to provide space for donations, utility vehicles, and housing for large animals. However, the future of the track is uncertain, as it faces declining attendance and interest, prompting discussions about a possible sale of its racing division. Meanwhile, Northern California horse racing is also facing a bleak outlook, with the California Authority of Racing Fairs announcing the cancellation of planned races at county fairs, leading to an exodus of owners and trainers from the Pleasanton fairgrounds. The decline is attributed to poor management and lack of interest in racing, with historical venues like Bay Meadows and Golden Gate Fields having already closed. As these racing venues struggle, attention is shifting toward upcoming major events like the Kentucky Derby trail, highlighting the competitive nature of the sport amidst its challenges. The situation reflects a broader trend in horse racing across the state, raising concerns about its viability in the long term.