The Hollywood Park, located in Inglewood, California, is in danger of ending its series of horse racing games if a proposed $2 billion real estate project will push through to replace the racetrack.

According to reports, the historic racetrack will be destroyed and replaced with an entirely new landscape thus making a major change of view of the Californian city. The $2 billion plan is scheduled to be deliberated by the City Council officials this week.

Wilson Meany Sullivan, the owner of the racetrack, said that it will develop a residential and retail complex. This will start in a year’s time after the city council gives the green signal to the project. Aside from the commercial structures, the Inglewood property will have waterfalls, lakes and parks for the community.

However, despite these developments, avid horse racing fans will be saddened by the end of the games in the racetrack. The Hollywood park has been featuring horse racing games since the 1930s.

If the council decides in favor of the proposed plan, the horse racing officials will then get six months’ notice to make an exit. This means that the final horse racing games might end as early as December this year.