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By Ray Paulick The California racing and breeding industry appears to have the stability of a bowl of Jello. Two tracks, Santa Anita Park and Golden Gate Fields, are owned by bankrupt Magna Entertainment and their future is cloudy. Hollywood Park is in the hands of a land developer that already bulldozed Bay Meadows and has similar plans for the Inglewood facility, though when he gets the money to develop the property is anyone’s guess. Del Mar is run by a non-profit association whose contract
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