Landmark Freehold Raceway to Shut Down at Year's End

The End of an Era

Freehold Raceway, a historic horse racing track in New Jersey, will close its doors permanently at the end of the year, marking the end of an era for the sport in the state. The track's owners, Penn National Gaming, announced the closure on Monday, citing declining revenue and increased competition from other casinos and racetracks in the region.

A Rich History

Freehold Raceway opened in 1943 and quickly became one of the most popular horse racing tracks in the United States. The track hosted some of the sport's most prestigious races, including the Meadowlands Pace and the Hambletonian Stakes.

In recent years, however, Freehold Raceway has faced increasing competition from other casinos and racetracks in the region. The track's revenue has declined steadily in recent years, and Penn National Gaming has been unable to find a buyer for the property.

No Word on Future Plans

Penn National Gaming has not announced any plans for the future of the Freehold Raceway site. The company said it is exploring all options, including selling the property or redeveloping it for another use.

The closure of Freehold Raceway is a major blow to the horse racing industry in New Jersey. The track was one of the few remaining horse racing tracks in the state, and its closure will leave a void in the sport.