Churchill Downs Inc. officially reported Tuesday that its results for the third quarter that ended Sept. 30 would be down from its earlier projections.
Churchill Downs Inc. announced Tuesday that it sold a 19% stake in Kentucky Downs, including debt owed to CDI, to Kelley Farms Racing.
Horses racing in Kentucky will now be identified the morning of their respective races and before leaving the paddock following a directive from Jim Gallagher, executive director of the Kentucky Horse Racing Authority.
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.
The richest autumn stakes schedule in the history of Churchill Downs will offer a roster of 12 events with total purses of $2.35- million during its Oct. 31-Nov. 27 "Fall Festival of Racing."
Three repeat winners, including The Blood-Horse senior correspondent Steve Haskin, and one newcomer collected divisional honors in Churchill Downs' 22nd annual 2004 Red Smith Kentucky Derby Writing Contest, a competition that honors the finest print media coverage of this year's famed "Run for the Roses."
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.
Churchill Downs Inc. announced Monday that it is revising its earnings outlook for the third quarter of 2004 and further lowering its outlook for the full year to reflect increased spending on alternative gaming efforts and special, non-cash impairment charges for Ellis Park due to softness in business at that racetrack.
Ken and Sarah Ramsey will receive the 2004 Warner L. Jones Jr. Horseman of the Year Award at the Kentucky Thoroughbred Owners annual dinner Nov. 13 at the Kentucky Derby Museum.
Churchill Downs Inc. announced Thursday that Ben Huffman has been named director of racing and racing secretary for Fair Grounds Race Course in New Orleans, La.
The start of the fall meet at Churchill Downs coincides with Halloween this year, but track officials insist patrons who walk through the gates Oct. 31 will discover nothing but treats.
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.
A red rose in full bloom, a surging Thoroughbred and jockey, and the Twin Spires are displayed on the official logo for the 131st running of the Kentucky Derby, which was unveiled Tuesday at Churchill Downs.
Churchill Downs has let go two marketing executives, according to a report in the Louisville Courier-Journal.
Jim Gates, the vice president for administration for Churchill Downs who has served as acting general manager of the track since 2002, has been appointed general manager.
The nation's top three horse racing companies have teamed to study the current jockey scale of weights and make recommendations on potential national reforms to the Jockeys' Guild, horsemen's groups, racing associations and racing regulators.
Andrew Skehan, who previously served as Churchill Downs Inc.'s chief marketing officer, has been named the company's chief operating officer. He will assume his new position immediately and report directly to CDI's president and chief executive officer Thomas Meeker.
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.
Breeders' Cup Limited and the New Jersey Sports and Exposition Authority have scheduled a press conference Sunday, Aug. 8 at which they are expected to announce that the 2007 Breeders' Cup World Thoroughbred Championships will be run at Monmouth Park.
The Indiana Horse Racing Commission Aug. 2 rebuffed Indiana Downs' latest attempt to ban Kentucky Thoroughbred signals from all wagering outlets in the state.
His father, the late Jerry Romans was a Thoroughbred trainer and his older brother Dale is one of the leading trainers at Churchill Downs, but Bruce Marshall Romans, never felt pressured to join the family business.
Ellis Park will institute a 5% reduction in all overnight purses, including all Kentucky Thoroughbred Development Fund supplements, beginning July 28 for the duration of the 54-day meeting.
Churchill Downs Inc. reported Tuesday that net revenues for the second quarter reached $191.1 million, an increase of 1.1% when compared with $189.0 million for the same period last year.
Churchill Downs' Louisville simulcasting facility remained without power July 15 in the aftermath of storms that hit the area the evening of July 13.
Racing and breeding news and information.
It was two years ago that jockey Rafael Bejarano won his first race in the United States at River Downs. Since then, the 22-year-old has won riding titles at Hoosier Park, Ellis Park, and Turfway Park. On July 5, he clinched another accolade when he was named leading rider for the 2004 spring meet at Churchill Downs.
Inclemenet weather and ongoing construction at Churchill Downs contributed to declines in attendance and overall wagering during the 53-day spring meet, which ended Monday.
Ohio Derby (gr. III) winner Brass Hat will be on the sidelines until the fall following the discovery of an ankle injury believed to have been suffered during the June 12 race at Thistledown.
Roar of the Tiger, a full brother to European star Giant's Causeway, breezed a half-mile on Thursday at Churchill Downs as the 5-year-old took another positive step in his latest comeback from injury.
- By Ron Mitchell
Churchill Downs Inc. has revised its earnings estimates for the second quarter and current fiscal year, primarily as a result of costs associated with the company's efforts to seek legalized alternative gaming in California and Florida and its proposed acquisition of Fair Grounds in Louisiana.
Unbeaten Lunarpal is set for his bid to become the second horse to sweep Churchill Downs' three-race Spring Meet stakes series for 2-year-olds when he takes the gate in Monday's $100,000-added Bashford Manor (gr. III).
Darley Stable's Millennium Dragon, runner-up in the Manhattan (gr. IT) and Dixie (gr. IIT) Handicaps, is apparently out of consideration for Saturday's $250,000-added Firecracker Breeders' Cup (gr. IIT) at Churchill Downs.
Trainer Greg Foley hopes to wrap up the 2004 Churchill Downs Spring Meet on a high note when he sends out Bakster Farm's unbeaten Sweet Miss El in the $100,000-added Debutante (gr. III) on Sunday.
Shares of Churchill Downs Inc. neared its 52-week high during early trading Tuesday morning, the second business day following CDI's acknowledgement of its interest in purchasing Fair Grounds.
Trainer Walter Bindner has a lot to smile about these days. First there is Stephen Foster (gr. I) winner Colonial Colony and now the return to training by Twin Lantern Racing Stables unbeaten Shiloh Bound.
Churchill Downs Inc. has received the 2004 Industry Award from the National Council on Problem Gamlbing. The award was presented June 18 at the Conference on the Prevention, Research, and Treattment of Problem Gambling in Phoenix, Ariz.
- By Tom LaMarra
Churchill Downs Inc. president Tom Meeker said June 17 the company is in an excellent position for future growth and, though CDI intends to do its part, industry factions must work together to support and build the necessary infrastructure.
For the third year in a row, Churchill Downs Inc. hosted the "Out To Pasture "Party, a benefit for the Thoroughbred Retirement Foundation. More than $67,000 was raised for the organization.
While some of racing's leading national stars compete in the $750,000-added Stephen Foster Handicap (gr. I) and the $400,000-added Fleur de Lis (gr. II), there are four other stakes races on the "Stephen Foster Super Saturday" program that have attracted strong lineups of their own.
The historic Twin Spires of Churchill Downs and the image of Thoroughbreds racing toward the finish line will adorn a Kentucky-based NASCAR Busch Series car that is scheduled to compete in the Meijer 300 on Saturday, June 19 at Kentucky Speedway in Sparta, Ky.
Smarty Jones' breeder/owners Roy and Patricia Chapman and trainer John Servis will not only celebrate their Kentucky Derby (gr. I) victory at Churchill Downs on Saturday, they'll also be supporting a good cause as they attend the third annual "Out to Pasture" Party.
"NTRA Super Saturday," five shows of horse racing coverage airing on ABC and ESPN, will make its debut Saturday on ESPN with a two-hour telecast (4:00-6:00 p.m. ET) featuring five graded stakes from four different race tracks with reporters stationed at each venue.
A decision is expected June 8 on whether William S. Farish's Midway Road will run in the $750,000 Stephen Foster Handicap (gr. I), the main event on Churchill Downs' $1.85-million "Stephen Foster Super Saturday" scheduled for June 12, or in the $250,000 Brooklyn Handicap (gr. II) at Belmont Park the same afternoon.
An official for Churchill Downs Inc. told some 200 financial analysts and fund managers gathered for the inaugural INVESTKentucky conference in Louisville Thursday the racing industry as a whole is in a period of flat growth.
An outbreak of severe weather in the Louisville metropolitan area prompted officials at Churchill Downs to cancel the Sunday racing program after four races had been completed.
The Kentucky Executive Branch Ethics Commission has found the former executive director of the Kentucky Racing Commission violated state law when he accepted a job at Churchill Downs, the Lexington Herald-Leader reported.
Veteran jockey Mike Morgan checked out of Louisville's Norton Audubon Hospital on Tuesday, but injuries he suffered in a four-horse spill on Sunday at Churchill Downs will keep him on the sidelines for several weeks.
A pair of juveniles from the barn of trainer Steve Asmussen head a list of 15 2-year-olds nominated tothe $125,000-added Kentucky Breeders' Cup (gr.III) on June 5.
A busy morning of training at Churchill Downs saw significant moves by 2002 Horse of the Year Azeri and 3-year-old stars Fire Slam and Victory U.S.A.
Veteran jockey Mike Morgan was hospitalized overnight for treatment of injuries suffered in a chain reaction spill that involved four horses during Sunday's final race at Churchill Downs.
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