By the end of 2023, The Stronach Group, a real estate development firm, will consolidate Southern California's horse racing operations and shut down Golden Gate Fields. Santa Anita Park and San Luis Rey Downs will receive horses from the Golden Gate Fields racetrack in Northern California. It is believed that concentrating on Santa Anita Park and San Luis Rey Downs as cutting-edge racing and training facilities that provide improved program quality, more race days, expanded wagering opportunities, and elite hospitality and entertainment experiences is necessary to ensure that California racing can continue to compete and thrive on a national level.