The Stronach Group prepares to close Golden Gate Fields
The move is part of a larger development project that will consolidate its resources in Southern California.
The Stronach Group will close its Golden Gates Fields location following the 2023 racing meet. The company said this is part of its strategic development plan that involves consolidating its venues throughout Southern California.
The Stronach Group said part of the development project is moving its horses from Northern California, to Southern California, after the Golden Gate Fields meet.
The group noted that it will “double down” on its Southern California training and racing locations, which include Santa Anita Park and San Luis Rey Downs.
The end game is to add an additional raceday to its Santa Anita Park by early next year, as well as increase field sizes at the venue.
Company Chairwoman, President and CEO Belinda Stronach commented, “The Stronach Group remains steadfastly committed to racing in California. 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 went on to add that the company will focus on putting a plan in place to help Golden Gate Fields employees transition elsewhere due to the consolidation.
She concluded by saying, “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.”
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