Hollywood Park horse racing track to close after 75 years

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Hollywood Park Closing Horse Racing
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Hollywood Park Closing Horse Racing
FILE - In this July 14, 1955, file photo, Swaps coasts to victory in the Hollywood Gold Cup horse race at Hollywood Park in Inglewood, Calif., beating Mr. Gus to the wire, with Porterhouse third and Honeys Alibi fourth. Betfair Hollywood Park will close by year's end and the 75-year-old racetrack property in Inglewood that hosted Seabiscuit and the first Breeders' Cup in 1984 will be developed by its owner. The track announced on Thursday, May 9, 2013, that it won't apply to the California Horse Racing Board for 2014 dates, signaling the end of the line for a property whose future had been in question since Churchill Downs sold it to Hollywood Park Land Co. in 2005. (AP Photo/File)