Report Freehold Raceway To Cease Operations

## Freehold Raceway to Close: A Loss for the Community and Horse Racing Industry **Freehold Raceway, a historic horse racing track in New Jersey, is set to close its doors for good. The track has been in operation for over 50 years and has been a major part of the community. The closure will result in the loss of jobs and a significant economic impact on the area.** ### The History of Freehold Raceway Freehold Raceway was founded in 1947 and quickly became one of the most popular horse racing tracks in the country. The track has hosted some of the biggest names in horse racing, including Secretariat and Affirmed. Freehold Raceway has also been the site of numerous major races, including the Hambletonian Stakes and the Meadowlands Pace. ### The Reasons for the Closure The closure of Freehold Raceway is due to a number of factors, including declining attendance and competition from other tracks. In recent years, Freehold Raceway has struggled to attract fans, and the track has been losing money. The track's owners have decided to close the track rather than continue to lose money. ### The Impact of the Closure The closure of Freehold Raceway will have a significant impact on the community. The track employs over 500 people, and the closure will result in the loss of those jobs. The track also generates millions of dollars in revenue for the local economy, and the closure will hurt businesses in the area. The closure of Freehold Raceway will also have a major impact on the horse racing industry. Freehold Raceway is one of the few tracks in the country that offers year-round racing, and its closure will leave a void in the industry. The closure will also make it more difficult for horse owners and trainers to find a place to race their horses. ### The Future of Freehold Raceway The future of Freehold Raceway is uncertain. The track's owners have said that they are exploring all options, including selling the track or redeveloping it. The track's employees are hoping that the track will be sold to a new owner who will keep it open. However, the future of Freehold Raceway is far from certain.