We study the Game of Life as a statistical system on an L × L square lattice with periodic boundary conditions. Starting from a random initial configuration of density ρ in = 0.3 we investigate the relaxation of the density as well as the growth with time of spatial correlations. The asymptotic density relaxation is exponential with a characteristic time τ L whose system size dependence follows a power law τ L ∝ L z with z = 1.66 ± 0.05 before saturating at large system sizes to a constant τ ∞ . The correlation growth is characterized by a time dependent correlation length ξ t that follows a power law ξ t ∝ t 1/z ′ with z ′ close to z before saturating at large times to a constant ξ ∞ . We discuss the difficulty of determining the correlation length ξ ∞ in the final "quiescent" state of the system. The decay time t q towards the quiescent state is a random variable; we present simulational evidence as well as a heuristic argument indicating that for large L its distribution peaks at a value t * q (L) ≃ 2τ ∞ log L.