Horseracing

Hollywood Park auction exceeds expectations

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INGLEWOOD, Calif. (AP)

A two-day auction featuring items from now-closed Betfair Hollywood Park has exceeded expectations.

The first lot in the auction that ended Saturday was a scale used to weigh winning jockeys at the racetrack. It sold for $4,750 to an online bidder.

Mark Weitz, of sale manager GA Global Partners, says more than 1,000 bidders nationwide were registered, and there was interest from Europe and South America.

Among the 1,400 lots for sale included track memorabilia, photos and signage, along with track and kitchen equipment. Lots ranged in price from $25 for a print to more than $50,000 for industrial equipment.

Proceeds of the sale weren't disclosed because they went to a privately held company.

Betfair Hollywood Park opened in 1938 under the direction of movie moguls Jack and Harry Warner. Among the celebrity regulars years ago were Elizabeth Taylor, Jimmy Stewart and Bing Crosby. It closed on Dec. 22, and the property will be turned into a residential and retail development.

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