Churchill Downs Incorporated Foundation Announces Kentucky Derby and Oaks Ticket Package Auction

The Churchill Downs Incorporated Foundation ("CDI Foundation") today announced its first fund raising initiative, an online/e-mail auction of five Kentucky Derby and Oaks ticket packages. Proceeds from the sale of the Kentucky Derby and Oaks ticket packages will benefit the CDI Foundation, a 501 (c) (3) tax-exempt organization founded by Churchill Downs Incorporated in June 2001, to support charitable organizations that assist the horse racing and gaming industries, as well as non-profit organizations that promote public welfare, education and the arts.

The CDI Foundation Kentucky Derby online/e-mail auction registration will begin immediately, with the auction commencing on Monday, April 11, 2011, and concluding on Wednesday, April 20, 2011, at a live event at the TwinSpires.com offices in Lexington, Ky. Each Kentucky Derby and Oaks ticket package will include:

• Two tickets/seats to the Kentucky Oaks on May 6, 2011, in the Skye 5 Lounge, including Chef's Table Buffet, premium bar, program and private betting window;

• Two tickets/seats to the Kentucky Derby on May 7, 2011, in the Skye 5 Lounge, including Chef's Table Buffet, premium bar, program and private betting window;

• One guided stable area tour for two at Churchill Downs Racetrack during Kentucky Derby week (winner's choice of dates between Friday, April 29, 2011, and Thursday, May 5, 2011);

• One guided, interior tour for two of Churchill Downs Racetrack on Kentucky Oaks Day (May 6, 2011), including all levels of the clubhouse and the Jockey Club Suites;

• One guided tour and bourbon sampling for two at the Woodford Reserve Distillery in Versailles, Ky., along with Woodford Reserve souvenirs; and

• Official Kentucky Derby and Oaks souvenirs.

Single package bonus: One of the five Kentucky Derby and Oaks ticket packages being auctioned will include a SKYBAR limousine round trip from the winning bidder's home within 100 miles of Churchill Downs Racetrack on Kentucky Oaks and Derby Days, at the time of the winning bidder's choice. The highest bidder of the five Kentucky Derby and Oaks ticket packages will be the winning bidder of the SKYBAR limousine perk. (Note: The limousine fits a total of 10 people, so eight additional guests could join from the point of origination.)

Churchill Downs Incorporated has been the sole funding source for the CDI Foundation since its inception in 2001. However, in October 2010 the company named Liz Harris, a corporate vice president, as the CDI Foundation's executive director with the mission of raising funds to grow the organization's financial support of worthy causes around the country.

"In the coming year, we look forward to working diligently to grow public awareness of the CDI Foundation and expand the scope of its contributions at the national, state and local level," said Harris. "The CDI Foundation is pleased to offer financial and in-kind support for registered 501 (c) (3) non-profit organizations whose work and focus fall within our giving guidelines."

For more information about the CDI Foundation, including grant applicant guidelines and a downloadable grant application form, please visit www.ChurchillDownsIncorporated.com/Foundation.