Fabled racehorse buried beneath one of country's best known race tracks

INGLEWOOD, Calif. - Here's an update on a story CBS News first told you about last December.

One of the country's best known race tracks was shutting down, but only after everything valuable had been removed.

But they didn't get "everything" - until now.

There was a time when Hollywood Park attracted some of the world's most famous, those on two legs and four.

The big crowds have come and gone and the track is now shut down for good, soon to be bulldozed. All that's left are memories, mostly fleeting, except for this.

Underneath Hollywood Park, eight feet under to be exact, are the remains of one of the track's greatest racehorses.

Native Diver, who won the prestigious Hollywood Gold Cup three consecutive times in the 1960s, is buried here.

They've now uncovered part of the ribcage. Once the remains are fully exhumed, the plan is to rebury them at Del Mar, another race track, a hundred miles south of here.

Del Mar is rich in horse racing history. But so too, was Hollywood Park. So it seemed perfectly fitting at the time for Native Diver to rest among this hallowed ground forever.

It runs out forever didn't last that long.