Fair Grounds

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Churchill Downs Completes Purchase of Fair Grounds

Churchill Downs Incorporated completed its $47 million acquisition of Fair Grounds Race Course in New Orleans and its five off-track betting facilities on Oct. 15. CDI also announced it closed the acquisitions of two related New Orleans-area operations, Finish Line Management Corp. and Video Services.

Dooley Named Track Announcer at Fair Grounds

John G. Dooley has been named track announcer at Fair Grounds Race Course for the 2004-05 season. Dooley has been announcer at Arlington Park for the last five seasons. Arlington's season runs from May until September, allowing him to announce at both tracks.

Bankruptcy Court Approves Churchill Downs Purchase of Fair Grounds

  • News

The U.S. Bankruptcy Court, Eastern District of Louisiana, has approved Churchill Downs Incorporated's $47-million purchase of Fair Grounds, according to a release from Churchill Downs. CDI, the Fair Grounds Corporation, and Louisiana Horseman's Benevolent and Protective Association are expected to close the transaction on or before Oct. 15.

Four Selected for Fair Grounds Hall of Fame

The 2003 Horse of the Year, Mineshaft, his trainer, and his regular rider make up three-fourths of the induction class of 2005 for the Fair Grounds Racing Hall of Fame, track officials announced Sept. 21.

Deal With Horsemen Near, Fair Grounds Says

An attorney for the Fair Grounds said Louisiana horsemen were on the verge of a settlement Friday night that could spare the New Orleans track from an auction in bankruptcy court later this month over a $90 million video poker judgement.

Jockey Meche Returns To Saddle

Jockey Donnie Meche will return to the saddle Friday at Louisiana Downs for the first time since the Delta Downs stewards suspended him in January 2003. Meche is scheduled to ride Unbridled Tick (6-1) in the eighth race for trainer Steve Asmussen.

Fair Grounds Plan Calls for Track to be Auctioned

  • News

Fair Grounds, after failing to reach an agreement with Churchill Downs Inc. on a sale of the track, filed in bankruptcy court Monday evening a Chapter 11 reorganization plan that would allow for an auction of the track through the court.

CDI, Fair Grounds Begin Negotiating Potential Sale

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Negotiations over the potential sale of Fair Grounds to Churchill Downs Inc. commenced Thursday afternoon but several issues remain unresolved, including whether current Fair Grounds president Bryan Krantz would maintain a position at the track.

Fair Grounds Gets Extension for Reorganization Plan

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Fair Grounds has been granted an extension to Monday to file a Chapter 11 reorganization plan. The extension of Thursday's deadline was granted in order for Fair Grounds officials to have more time to negotiate a possible purchase of the track by Churchill Downs Inc.

Churchill Downs Inc. Appears Poised to Purchase Fair Grounds

  • News

An agreement has been reached between Churchill Downs Inc. and the Louisiana Horsemen's Benevolent and Protective Association to purchase the horsemen's legal claims against Fair Grounds, and a letter of intent was filed with track officials to purchase Fair Grounds.

Fair Grounds Numbers Decline

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Fair Grounds Race Course concluded its 2004 winter meet Sunday with across-the-board decreases in daily averages.

Judge Puts Fair Grounds Debt to Horsemen at $89M

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A state district judge ruled March 22 that Fair Grounds owes horsemen almost $90 million in damages from the video-poker lawsuit that led to the track's filing for Chapter 11 bankruptcy reorganization last August, the New Orleans Times-Picayune reported.

Pedigree Profile: Wimbledon

In the March 7 Louisiana Derby (gr. II) at Fair Grounds, Wimbledon served notice that he was a 3-year-old to be reckoned with by registering an impressive 2 1/4-length win. That win solidified what trainer Bob Baffert had said since the son of Wild Rush joined his stable last year as a juvenile. This colt has the pure talent to outrun his pedigree and tackle the Visa Triple Crown Challenge.

Locals Look Strong In Muniz Memorial Handicap

A full field is expected for Sunday's grade II $500,000 Mervin H. Muniz Jr. Memorial Handicap at Fair Grounds, and the locally based contingent should be well represented with eight possible entrants.

Roussel Offers $30 Million for Fair Grounds

  • News

Louie Roussel III, who owned a controlling interest in Fair Grounds until 1990, is the latest to make an offer for the New Orleans track. A week after Churchill Downs Inc. bid $28.5 million for Fair Grounds, Roussel upped the offer to $30 million, according to published reports.

Churchill Offers $28.5 Million for Fair Grounds

  • News

Churchill Downs Inc. has apparently upped its interest in Fair Grounds. According to a local report, CDI offered $28.5 million to buy the New Orleans racetrack, though about $20 million of that would go to horsemen to settle a revenue dispute.

Sir Cherokee Seems OK, But Trainer Not Pleased

Sir Cherokee, knocked off stride in a roughly run New Orleans Handicap (gr. II) Feb. 29 at Fair Grounds, returned to his Oaklawn Park base after having suffered body soreness and superficial cuts. But his trainer, Mike Tomlinson, isn't particularly happy with the events of the day.

California Won't Order RGS Curb on Lewiston Hub

California regulators decided Feb. 20 that they will hold off on considering a cutoff of wagering at post time from betting through the Lewiston, Maine simulcast hub, which processes wagers for rebating giant Racing and Gaming Services.

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