Freehold Raceway, America's Oldest Racetrack, to Close

End of an Era in New Jersey

Attention, horse racing enthusiasts! Freehold Raceway, the oldest racetrack in the United States, is sadly set to close its doors. Penn National Gaming, the track's owner, announced the closure, marking the end of an era in New Jersey's horse racing history. The track's final race day will be on January 14, 2023, leaving many fans and employees heartbroken.

A Legacy of Racing Excellence

Freehold Raceway opened its gates in 1853 as the Monmouth Park Jockey Club. It quickly became a renowned racing venue, hosting prestigious races like the Jersey Stakes and the Sapling Stakes. Throughout its 170-year history, Freehold has witnessed some of the greatest horses and jockeys in the sport. Legendary horses like Man o' War and Secretariat have graced its track, while Hall of Fame jockeys like Eddie Arcaro and Bill Shoemaker have competed here.

Economic Impact and Community Loss

The closure of Freehold Raceway is not just a loss for horse racing but also for the local community. The track employs over 400 people and contributes millions of dollars to the local economy. Its closure will leave a significant void, both economically and socially. Freehold Raceway has been a gathering place for families, friends, and racing enthusiasts for generations. It has created countless memories and fostered a sense of community.

Reasons for Closure

Penn National Gaming cited several factors contributing to Freehold Raceway's closure. Declining attendance, increased competition from casinos and other entertainment options, and rising operating costs have all played a role. Despite efforts to revitalize the track, including the installation of a new synthetic surface in 2019, the financial challenges proved insurmountable.

A Change of Hands

With Freehold Raceway's closure, the property will be sold to a developer. Plans for the site's future use are still uncertain, but it is unlikely to remain a horse racing venue. The closure of Freehold Raceway marks a significant chapter in American horse racing history. It is a reminder of the challenges facing the industry in the face of changing consumer preferences and economic pressures.

Conclusion

The closure of Freehold Raceway is a sad day for horse racing and the Freehold community. The track has been a historic landmark and a source of pride for generations. While the reasons for its closure are understandable, it is still a significant loss for the sport and the town. Penn National Gaming's decision to close Freehold Raceway is a reminder of the ever-changing landscape of the horse racing industry. It is a reminder that even the most storied racetracks are not immune to the challenges of the modern era.