 The race inaugurated in 1938 at Hollywood Park Racetrack in Inglewood, California as the Hollywood Gold Cup.Hollywood Park Racetrack opened its doors on June 10, 1938, and Seabiscuit, under jockey George Woolf, won the $50,000 added race's inaugural running on July 16.The race was not run in 1942 or 1943, due to Hollywood Park being closed and used as an airplane parts storage depot during World War II.