Freehold Raceway, the oldest horse racing track in the United States, will cease operations on December 28, 2024, after 170 years of operation. The track, which began hosting harness racing in 1854, has faced a prolonged decline due to waning interest and lack of promotional efforts from its management. Freehold Borough Mayor Kevin Kane expressed disappointment in the management's disinterest in revitalizing the venue and announced plans for a redevelopment study of the property. The ownership is held by Pennwood, consisting of Penn Entertainment and Greenwood. The track's closure not only marks the end of an era but also raises concerns about the future use of the property and potential impacts on the local community. The final days of racing are scheduled through December 28, 2024.