CDI Again Offers $1 Million Bonus Through Daily Racing Form/NTRA National Handicapping Championship

Handicappers competing in the 2007 Daily Racing Form/NTRA National Handicapping Championship ("NHC") will again be playing for more than prestige if they become eligible for the contest through one of the qualifying tournaments offered by Churchill Downs Incorporated (NASDAQ: CHDN) ("CDI"). CDI will again offer the "Million Dollar Bonus Tour" program this year, providing a $1 million bonus to any handicapper who wins a CDI qualifying tournament and then goes on to capture the top prize at the NHC, scheduled for Jan. 26 and 27, 2007, in Las Vegas, Nev.

Sponsored by the Daily Racing Form, the "Million Dollar Bonus Tour" will run throughout 2006 as CDI holds NHC qualifying tournaments at each of its six racetracks. In order to be eligible for the $1 million bonus, winners of the CDI qualifying rounds must be registered members of CDI's customer rewards program, the Twin Spires Club, prior to their participation in CDI tournaments. Membership in the Twin Spires Club is free.

Seven handicappers qualified for the "Million Dollar Bonus Tour" in 2005 and went on to compete in the NHC finals. The highest finisher was William Gonsoulin Jr. of Harahan, La., who finished 12th.

CDI qualifying tournaments for the 2007 NHC will be held as follows:

- Hoosier Park: Saturday, July 1, 2006
- Calder Race Course: Sunday, July 16, 2006
- Churchill Downs: Saturday, Aug. 19, 2006
- Arlington Park: Sunday, Sept. 10, 2006
- Ellis Park: Saturday, Oct. 21, 2006
- Fair Grounds Race Course: TBD

"The 'Million Dollar Bonus Tour' was a great success in 2005," said CDI Senior Director of Marketing Jeremy Clemons. "We were very pleased with the response to the program, and we look forward to again partnering with the Daily Racing Form/NTRA National Handicapping Championship to provide this lucrative opportunity for our contest winners."

"We're delighted Churchill is offering this great bonus to its qualifiers again," said Steven Crist, chairman and publisher of the Daily Racing Form. "Nothing says 'thank you' to a horseplayer quite like an extra million bucks."

"Once again, CDI has stepped to the forefront in its support of horseplayers and the National Handicapping Championship," said Kenneth Kirchner, senior vice president of the NTRA. "The $1 million bonus offers potential qualifiers a powerful incentive to participate and support all of the CDI events. We're looking forward to conducting the biggest and best tournament yet on Jan. 26 and 27 in Las Vegas."

Along with the $1 million bonus, the "Million Dollar Bonus Tour" qualifier who also wins the National Handicapping Championship will receive a dazzling trophy created by internationally acclaimed glass artist Ken vonRoenn, Jr., the president of Louisville-based Architectural Glass Art.

For more information about the "Million Dollar Bonus Tour," including complete rules and information, visit www.twinspiresclub.com.

The Twin Spires Club is the customer-reward program of Churchill Downs Incorporated. More than 400,000 members earn points and benefits each time they wager at participating locations, including Arlington Park; Calder Race Course; Churchill Downs; Ellis Park; Fair Grounds Race Course; Hoosier Park; Trackside Off-Track Betting locations in Illinois, Indiana and Kentucky; and Finish Line Off-Track Betting sites in Louisiana. For more information, visit www.twinspiresclub.com.

Churchill Downs Incorporated, headquartered in Louisville, Ky., owns and operates world-renowned horse racing venues throughout the United States. CDI's six racetracks in Florida, Illinois, Indiana, Kentucky and Louisiana host many of North America's most prestigious races, including the Kentucky Derby and Kentucky Oaks, Arlington Million, Princess Rooney Handicap, Louisiana Derby and Indiana Derby. CDI racetracks have also hosted six Breeders' Cup World Thoroughbred Championships and will host North America's richest day of racing again at Churchill Downs in November 2006. CDI also owns off-track betting facilities and has interests in various television production, telecommunications and racing services companies that support CDI's network of simulcasting and racing operations. For more information, visit www.churchilldownsincorporated.com.