Hollywood Park was a thoroughbred race course located in Inglewood, California, about 3 miles (5 km) from Los Angeles International Airport and adjacent to the Forum indoor arena.

Prominent shareholders included Jack Warner's brother and fellow Warner Bros. executive Harry, Hollywood studio executives Walt Disney, Samuel Goldwyn, Darryl Zanuck, actors Al Jolson, Bing Crosby, Joan Blondell, George Jessel, Ronald Colman and Ralph Bellamy.

The board approved an “extensive war relief program” for both 1944 and 1945 and Hollywood Park raised more than $1 million for charities and schools.

[9] Los Alamitos, owned by Hollywood Park, was still under its original ownership as of 1991, though a significant portion of the stock had been bought by external investors.

[8] In May 1995 after the departure of the Rams for St. Louis, the owners of the National Football League teams approved with a 27–1 vote with two abstentions, a resolution supporting a plan to build a $200 million, 65,000-seat, privately financed stadium on property owned by Hollywood Park for the Los Angeles Raiders.

[16] In July 2005, Churchill Downs Incorporated sold the track to the Bay Meadows Land Company which was owned by Stockbridge Capital Group for $260 million in cash.

[17] Under the terms of the deal, the company, which at the time also operated Bay Meadows in San Mateo, was to continue thoroughbred racing at Hollywood Park for at least three years.

According to Bay Meadows officials, the continuation of Hollywood Park as a racing venue after that depended on California allowing more gambling, like slot machines, to the track.

[18] Some of the Hollywood Park land was sold to real estate developers to build a new housing community called the Inglewood Renaissance.

[citation needed] After the conclusion of Hollywood's spring-summer meet in 2006, it was announced that a second chute would be built inside the turf course to accommodate sprint races at six furlongs.

[3] On May 9, 2013, in a letter to employees, Hollywood Park president F. Jack Liebau announced that the track would be closing at the end of their fall racing season in 2013.

In the letter, Liebau stated that the 260 acres (110 ha) on which the track sits "now simply has a higher and better use", and that "in the absence of a favorable change in racing's business model, the ultimate development of the Hollywood property was inevitable".

It was expected that the track would be demolished and replaced by housing units, park land and an entertainment complex, while the casino would be renovated.

[22] On February 24, 2015, the Inglewood City Council approved a plan to build a 70,000-seat football stadium on the site in anticipation of the St. Louis Rams moving back to Los Angeles (which was the team's previous home from 1946 until 1994).

[23] On May 31, 2015, with Inglewood mayor James T. Butts Jr. on hand sporting a Rams cap, the grandstand was reduced to rubble in a flurry of timed explosions.