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Oldest US horse racing track set to close20 September 2024(PRESS RELEASE) -- Freehold Raceway announced that it expects to cease all live racing and simulcast operations as of 28 December 2024. Employees and affected stakeholders were notified by track officials earlier yesterday. “This was an extremely difficult decision, especially given the historical importance of Freehold Raceway to the local community and the New Jersey horse racing industry,” said General Manager Howard Bruno. “Unfortunately, the operations of the racetrack cannot continue under existing conditions, and we do not see a plausible way forward. We are incredibly thankful for our dedicated employees, horsemen and fan base for their support and patronage for so many years.” The remainder of the approved live racing schedule for 2024 will be completed and daily simulcasting will continue until the closure date. Freehold officials are working proactively with the New Jersey Racing Commission, state and local officials, and industry stakeholders on all necessary items related to the closure of the facility. Severance will be paid to employees, including compensation as required by New Jersey’s Worker Adjustment and Retraining (WARN) Act, and any applicable collective bargaining agreements. |