By Bloodhorse.com SACRAMENTO, Calif. (Sept. 15, 2023) — California legislators passed a bill Sept. 14 that determines how simulcast revenue in the state will be distributed once Golden Gate Fields closes its doors, which is anticipated to be June 30, 2024. As part of the negotiations with racing industry leaders in putting the legislation together, The Stronach Group has indicated it will keep racing at Golden Gate for the first six months of next year. The Stronach Group’s 1/ST Racing threw the California racing scene into turmoil July 16 when it announced it would close the San Francisco Bay Area track when its meet ended in December because the track has not been financially viable. The goal, at the time, was to shift the horse population to the tracks in Southern California and bolster field size. The change, however, was too sudden for horsemen and the racing fairs in the North to adjust, particularly to develop a racing schedule solution that would serve the North long-term. At an Aug. 16 meeting... ...
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