Auction of Assets to Celebrate the History of Hollywood Park

LOS ANGELES, CA--(Marketwired - Jan 15, 2014) - The history and glamour of Betfair Hollywood Park's 75 years will be celebrated as memorabilia and assets from the famed Southern California race track will be sold at a live webcast auction Friday, January 24 and Saturday, January 25.

Bidding on the webcast auction starts each day at 10 a.m. (PST). Inspection will be held at the track at 1050 South Prairie Avenue, Inglewood, CA, on January 22 and 23 from 10 a.m. until 4 p.m. (PST) each day. For information and to register for the Hollywood Park webcast auction, visit http://gaauction.com/event/hollywood-park-race-track/.

Led by GA Global Partners, the auction features memorabilia, antiques, restaurant and kitchen equipment, track maintenance equipment, signage, building maintenance tools and more from the 75-year history of the Inglewood race track.

Hollywood Park opened on June 10, 1938, with such film stars as Al Jolson, Milton Berle, Bob Hope, Joan Crawford and Barbara Stanwyck helping kick off the racing season. The track chairman was Jack Warner of the famed Warner Bros. Studios and many of the 600 original shareholders included stars, directors and producers from the film world.

For decades Hollywood Park lived up to its name, as it wasn't unusual to see Cary Grant, Lucille Ball and Fred Astaire in Hollywood Park's box seats, and, in more recent years, stars such as John Forsythe and Dick Van Patten.

Horse racing royalty also made Hollywood Park a regular stop. Seabiscuit, who won the 1938 Hollywood Park Gold Cup, along with Triple Crown winners Citation, Seattle Slew and Affirmed, ran here, along with Swaps, Zenyatta and many other famed thoroughbreds.

About GA Global Partners: Across virtually every sector of the economy, at every stage of the business life cycle, GA helps companies in transition understand and realize the maximum value of their assets. In business for more than 40 years, our company and team of trusted professionals have developed unparalleled expertise at assessing the value of assets in a variety of businesses and, when necessary, managing the sale of those assets. Find out more at www.greatamerican.com.