1/ST RACING commits to a multi-million-dollar plan that will help facilitate the relocation of horses, trainers and backstretch employees from Golden Gate Fields, and provide a new all-weather synthetic training track at Santa Anita Park

ARCADIA, CA (July 28, 2023) – The Stronach Group’s 1/ST RACING today announced a plan to help consolidate racing operations in Southern California, invigorate an aging business model that has plagued California racing for decades and build on the state’s recent reforms that have vastly improved safety.

“We are confident that this comprehensive package of important measures will not only bolster the racing, training, owner and fan experience at Santa Anita Park, “The Great Race Place”, but also support Northern California stakeholders through a challenging transition period, and lead the way with state and industrywide changes that will result in a healthier, competitive and sustainable future for Thoroughbred racing in Southern California,” said Belinda Stronach, Chairwoman, Chief Executive Officer and President, The Stronach Group and 1/ST.

Among the steps and financial commitments announced today:

• Over $1 million to support the relocation of horses, trainers, jockeys, backstretch employees and caregivers from Golden Gate Fields to Santa Anita Park as part of the consolidation of racing in Southern California, and to support the California breeding program.
• A $4.5 million, brand-new all-weather synthetic track that will replace the existing training track at Santa Anita Park. This change will not only allow for the seamless transition of horses used to running on the synthetic track at Golden Gate Fields but will serve to improve the overall safety environment at Santa Anita Park.
• A commitment to fund a portion of 2024 heath care premiums for Golden Gate Field employees.
• The creation of a job board accessible to backside employees to support the transition to Santa Anita Park.
• An investment of $500,000+ (over two years) towards building a state-of-the-art equine pool for hydrotherapy and horse exerciser, accessible to trainers at Santa Anita Park, that will help horses more easily recover from injury.
• $23.2 million toward a backside barn improvement program.

In addition to returning a fourth day of weekly racing to Santa Anita Park resulting in 26 extra race days, 1/ST RACING will invest $2.5 million into building a turf chute at the track. The new turf chute will benefit the consolidated ecosystem of owners, breeders and trainers via the creation of new races suitable for the entire horseracing population and will provide increased racing and earnings opportunities. Further resources will be committed to encourage and ease the transition of Northern California based horses and connections.

“While we continue to work diligently on what the north might look like in 2024, today’s announcement answers important short-term questions about the future of California racing and Santa Anita Park,” said Bill Nader, President/CEO of the TOC. “This represents both an investment and a commitment by Belinda Stronach and her team to not only stabilize but likely improve California racing for stakeholders, horsemen/women, backstretch workers and the betting public. These initiatives will provide a much better environment for our horses and make our overall racing stronger for the immediate future."

“With these renovations and the commitment to California-bred racing, I see the opportunities for Cal-breds greatly increasing and providing more value for those horses because of it. I’m going to breed more mares to take advantage of it. This is going to benefit the entire industry in the state,” said Terry Lovinger, a leading California breeder.

“The sizable investments outlined today will pave the way for a future for racing in California,” added trainer Mark Glatt. “The improvements proposed will benefit the horses and the horsemen in the state. This past wet winter underlined the need for installing a Tapeta all-weather training surface for the safety of the horses and to provide the best possible training environment.”

The list of steps and financial commitments are attached under separate cover.

For more information, please visit www.1st.com.

Media Contacts

Tiffani Steer, tiffani.steer@stronachgroup.com

Stefan Friedman, sfriedman@actumllc.com

About The Stronach Group and 1/ST

The Stronach Group is a world-class technology, entertainment and real estate development company with Thoroughbred racing and pari-mutuel wagering at the core. The Stronach Group’s 1/ST business (pronounced "First") is North America’s preeminent Thoroughbred racing and pari-mutuel wagering company and includes the 1/ST RACING & GAMING, 1/ST CONTENT, 1/ST TECHNOLOGY and 1/ST EXPERIENCE businesses, while advocating for and driving the 1/ST HORSE CARE mission. 1/ST represents The Stronach Group's continued movement toward redefining Thoroughbred racing and the ecosystem that drives it. 1/ST RACING & GAMING drives the best-in-class racing operations and gaming offerings at the company's premier racetracks and training centers including: Santa Anita Park, Golden Gate Fields and San Luis Rey Downs (California); Gulfstream Park – home of the Pegasus World Cup Championship Invitational Series and Palm Meadows Thoroughbred Training Center (Florida); the Maryland Jockey Club at Laurel Park, Pimlico Race Course - home of the legendary Preakness Stakes, Rosecroft Raceway and Bowie Training Center (Maryland). 1/ST CONTENT is the operating group for 1/ST's media and content companies including: Monarch Content Management, Elite, TSG Global Wagering Solutions (GWS) and XBTV. 1/ST TECHNOLOGY is racing's largest racing and gaming technology company offering world-class products via its AmTote, Xpressbet, 1/ST BET, XB SELECT, XB NET, PariMAX and Betmix brands. 1/ST EXPERIENCE blends the worlds of sports, entertainment and hospitality through innovative content development, elevated national and local venue management and hospitality, strategic partnerships, sponsorships, and procurement development. As the advocate for critical industry reforms and by making meaningful investments into aftercare programs for retired horses and jockeys, 1/ST HORSE CARE represents The Stronach Group's commitment to achieving the highest level of horse and rider care and safety standards in Thoroughbred racing on and off the track. The Stronach Group’s TSG Properties is responsible for the development of the company's live, play and work communities surrounding its racing venues including: The Village at Gulfstream Park (Florida) and Paddock Pointe (Maryland).

For more information, visit www.1st.com or follow @1ST_racing on Twitter or @1stracing on Instagram and Facebook.