Sports Illustrated’s Club SI to Open for Historic 150th Kentucky Derby; NFL Legend Emmitt Smith and SI Swimsuit Cover Star Brooks Nader to Host Festivities in the New Hospitality Space

Club SI’s Debut at Churchill Downs coincides with opening night of Derby Week and the Publication’s 70th Anniversary Year

LOUISVILLE, KY., (February 27, 2024) Pro Football Hall of Famer Emmitt Smith and model Brooks Nader join Sports Illustrated in celebrating the official opening of Club SI, the new luxury dining experience at Churchill Downs, for the historic 150th Kentucky Derby on Saturday, May 4.  The grand opening event also aligns with the 70th anniversary year for the iconic sports publication.

Club SI, a multi-year exclusive naming rights partnership announced in January between Churchill Downs Racetrack and Sports Illustrated, is scheduled to debut on Opening Night of Derby Week and will offer guests a modern, sophisticated race day experience as part of the racetrack’s $200 million renovated Paddock Project.

Affording guests an unparalleled behind-the-scenes experience, Club SI ‘s new space will offer a luxury dining experience with an immersive view of the all-new Paddock and Paddock Runway. The interior design of Club SI will showcase iconic Sports Illustrated magazine covers, editorial featuring past Kentucky Derby races, and a sneak peek into Sports Illustrated’s new SI Resorts vertical.

Smith and Nader are the first of many celebrity hosts for Club SI during the Kentucky Derby and Kentucky Oaks for a premium race day experience. Smith, who played in the NFL for 15 seasons including 13 with the Dallas Cowboys, is the sport’s all-time leading rusher with 18,355 yards. He was crowned the NFL’s Most Valuable Player in 1993 and is a three-time Super Bowl champion with the Cowboys. Nader became a model for the Sports Illustrated Swimsuit Issue after winning the 2019 Swim Search, an open casting call that attracted 10,000 applicants. She has been featured in the magazine every year since then and became a cover girl for the magazine in 2023, which featured the first Sports Illustrated Resort in Cap Cana Dominican Republic in the pages of the issue

Club SI will be open on premium race days throughout the year at Churchill Downs. Guests will have the option to book dining tables, indulge in gourmet dishes from the curated Chef’s Table Buffet, visit dedicated wagering windows and private bars, and enjoy outdoor trackside viewing for live races. Steps from the club, guests will be treated to the SI Enclosure which will deliver a front-row experience of the Paddock with covered outdoor dining tables.

Tickets for the 150th Kentucky Oaks and Kentucky Derby have seen unprecedented demand with limited premium and luxury experiences still available, including Club SI. Fans are encouraged to secure tickets by calling (502) 636-4447 or visiting www.kentuckyderby.com/seating-experiences/premium-dining-section/club-si-and-enclosure/ to be a part of the most extraordinary Kentucky Derby yet.

Churchill Downs also provides a secure, official resale marketplace to purchase Derby and Oaks tickets via the Churchill Downs Ticketmaster Ticket Exchange on www.KentuckyDerby.com.

About Churchill Downs Racetrack

Churchill Downs Racetrack (“CDRT”), the world’s most legendary racetrack, has been the home of The Kentucky Derby, the longest continually held annual sporting event in the United States, since 1875. Located in Louisville, CDRT features a series of themed race days during Derby Week, including the Kentucky Oaks, and conducts Thoroughbred horse racing during three race meets in the Spring, September, and the Fall. CDRT is located on 175 acres and has a one-mile dirt track, a 7/8-mile turf track, a stabling area, and provides seating for approximately 60,000 guests. The stable area has barns sufficient to accommodate 1,400 horses and a 114-room dormitory for backstretch personnel. CDRT also has a year-round simulcast wagering facility and Race & Sports Book. www.ChurchillDowns.com.

About Sports Illustrated

Sports Illustrated (SI) is an unparalleled and influential leader recognized for shaping modern culture and uniting athletes, teams and fans worldwide. At the intersection of sports, lifestyle and entertainment, Sports Illustrated is a 360-degree enterprise that delivers immersive content, innovative digital experiences, unforgettable events, and original products. Its award-winning media arm brings powerful storytelling to life through probing profiles and up-to-date news on SI.com, across social media platforms and through the monthly print magazine. The most trusted name in sports transcends media through SI Resorts, the ultimate destination for active lifestyles & sports enthusiasts, SI Tickets, a fan-first ticketing platform, SI Sportsbook, a digital sports betting platform, SI Studios, the brand’s home for film, TV, and podcasts, and more. SI brings its unique perspective to marquee events and captivating brand activations including the Sportsperson of the Year Awards, SI’s “The Party”, SI Swimsuit Launch Weekend, and the SI Circuit Series. For more information, visit SI.com. Follow Sports Illustrated on X, InstagramTik Tok and Facebook.

About Authentic Brands Group

Authentic Brands Group (Authentic) is a global brand development, marketing and entertainment platform, which owns a portfolio of more than 50 iconic and world-renowned Lifestyle, Entertainment and Media brands. Headquartered in New York City, with offices around the world, Authentic connects strong brands with best-in-class partners and a global network of operators, distributors and retailers to build long-term value in the marketplace. Its brands generate more than $29 billion in global annual retail sales and have an expansive retail footprint in 150 countries, including 13,300-plus freestanding stores and shop-in-shops and 382,000 points of sale.

Authentic is committed to transforming brands by delivering powerful storytelling, compelling content, innovative business models and immersive experiences. It creates and activates original marketing strategies to drive the success of its brands across all consumer touchpoints, platforms and emerging media. Authentic’s brand portfolio includes Marilyn Monroe®, Elvis Presley®, Muhammad Ali®, Shaquille O’Neal®, David Beckham®, Dr. J®, Greg Norman®, Neil Lane®, Thalia®, Sports Illustrated®, Reebok®, Brooks Brothers®, Barneys New York®, Judith Leiber®, Ted Baker®, Hunter®, Vince®, Hervé Léger®, Hickey Freeman®, Frye®, Nautica®, Juicy Couture®, Vince Camuto®, Lucky Brand®, Aéropostale®, Forever 21®, Nine West®, Sperry®, Rockport®, Eddie Bauer®, Boardriders®, Quiksilver®, Billabong®, Roxy®, DC Shoes®, RVCA®, Element®, VonZipper®, Honolua®, Spyder®, Volcom®, Shark®, Tretorn®, Prince®, Airwalk®, Izod®, Jones New York®, Van Heusen®, Hart Schaffner Marx®, Arrow® and Thomasville®.

For more information, visit authentic.com. Follow Authentic on LinkedIn, InstagramX and WeChat.

This news release contains various “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are typically identified by the use of terms such as “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “predict,” “project,” “seek,” “should,” “will,” “scheduled,” and similar words or similar expressions (or negative versions of such words or expressions).

Although we believe that the expectations reflected in such forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct. Important factors, that could cause actual results to differ materially from expectations include the following: the occurrence of extraordinary events, such as terrorist attacks, public health threats, civil unrest, and inclement weather, including as a result of climate change; the effect of economic conditions on our consumers' confidence and discretionary spending or our access to credit, including the impact of inflation; additional or increased taxes and fees; the impact of any pandemics, epidemics, or outbreaks of infectious diseases, including possible new variants of COVID-19, and related economic matters on our results of operations, financial conditions and prospects; lack of confidence in the integrity of our core businesses or any deterioration in our reputation; loss of key or highly skilled personnel, as well as general disruptions in the general labor market; the impact of significant competition, and the expectation the competition levels will increase; changes in consumer preferences, attendance, wagering, and sponsorships; risks associated with equity investments, strategic alliances and other third-party agreements; inability to respond to rapid technological changes in a timely manner; concentration and evolution of slot machine and historical racing machine (HRM) manufacturing and other technology conditions that could impose additional costs; failure to enter into or maintain agreements with industry constituents, including horsemen and other racetracks; inability to successfully focus on market access and retail operations for our TwinSpires sports betting business and effectively compete; online security risk, including cyber-security breaches, or loss or misuse of our stored information as a result of a breach including customers’ personal information could lead to government enforcement actions or other litigation; reliance on our technology services and catastrophic events and system failures disrupting our operations; inability to identify, complete, or fully realize the benefits of our proposed acquisitions, divestitures, development of new venues or the expansion of existing facilities on time, on budget, or as planned; difficulty in integrating recent or future acquisitions into our operations; cost overruns and other uncertainties associated with the development of new venues and the expansion of existing facilities; general risks related to real estate ownership and significant expenditures, including risks related to environmental liabilities; personal injury litigation related to injuries occurring at our racetracks; compliance with the Foreign Corrupt Practices Act or other similar laws and regulations, or applicable anti-money laundering regulations; payment-related risks, such as risk associated with fraudulent credit card or debit card use; work stoppages and labor problems; risks related to pending or future legal proceedings and other actions; highly regulated operations and changes in the regulatory environment could adversely affect our business; restrictions in our debt facilities limiting our flexibility to operate our business; failure to comply with the financial ratios and other covenants in our debt facilities and other indebtedness; increases to interest rates (due to inflation or otherwise), disruption in the credit markets or changes to our credit ratings may adversely affect our business; increase in our insurance costs, or inability to obtain similar insurance coverage in the future, and any inability to recover under our insurance policies for damages sustained at our properties in the event of inclement weather and casualty events; and other factors described under the heading “Risk Factors” in our most recent Annual Report on Form 10-K and in other filings we make with the Securities and Exchange Commission.

We do not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

Media Contacts

Hayley Armstrong
Brand Communications Manager
Churchill Downs Racetrack

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Churchill Downs Incorporated Announces SAP as an Official Signature Partner of the Kentucky Derby

LOUISVILLE, KY., (February 8, 2024) Churchill Downs Incorporated (Nasdaq: CHDN, “CDI,” or the “Company”) announced today a multi-year agreement naming SAP America, Inc. (NYSE: SAP, “SAP”) an official signature partner of Churchill Downs Racetrack (“Churchill Downs”). SAP, a global market leader in enterprise application software, will be the first official technology partner serving Churchill Downs Racetrack, the Kentucky Derby, and Kentucky Oaks. The partnership also includes naming rights for the SAP Starting Gate Suites, a tower of premium, exclusive suites, and designation as the presenting partner of the Kentucky Derby and Churchill Downs mobile applications.

“We are thrilled to welcome SAP as a signature partner of Churchill Downs and the Kentucky Derby,” said Bill Mudd, President and Chief Operating Officer of CDI. “SAP is a tremendous global brand that supports our vision to innovate and fuel growth across our businesses. We are excited to have SAP join our iconic brand at the 150th running of the Kentucky Derby on the first Saturday in May.”

“This partnership is a great opportunity for SAP to collaborate with one of the most storied sporting events in the world, the Kentucky Derby," said Lloyd Adams, President of SAP America. "We are proud to work with partners who share our commitment to innovation and are excited to help CDI leverage SAP's expertise and technology to support the growth of their company."

About Churchill Downs Incorporated

Churchill Downs Incorporated (“CDI”) (Nasdaq: CHDN) has been creating extraordinary entertainment experiences for nearly 150 years, beginning with the company’s most iconic and enduring asset, the Kentucky Derby. Headquartered in Louisville, Kentucky, CDI has expanded through the development of live and historical racing entertainment venues, the growth of the TwinSpires horse racing online wagering business and the operation and development of regional casino gaming properties. www.churchilldownsincorporated.com

About Churchill Downs Racetrack

Churchill Downs Racetrack (“CDRT”), the world’s most legendary racetrack, has been the home of The Kentucky Derby, the longest continually held annual sporting event in the United States, since 1875. Located in Louisville, CDRT features a series of themed race days during Derby Week, including the Kentucky Oaks, and conducts Thoroughbred horse racing during three race meets in the Spring, September, and the Fall. CDRT is located on 175 acres and has a one-mile dirt track, a 7/8-mile turf track, a stabling area, and provides seating for approximately 60,000 guests. The stable area has barns sufficient to accommodate 1,400 horses and a 114-room dormitory for backstretch personnel. CDRT also has a year-round simulcast wagering facility and Race & Sports Book. www.ChurchillDowns.com.

About SAP

SAP’s strategy is to help every business run as an intelligent, sustainable enterprise. As a market leader in enterprise application software, we help companies of all sizes and in all industries run at their best: SAP customers generate 87% of total global commerce. Our machine learning, Internet of Things (IoT), and advanced analytics technologies help turn customers’ businesses into intelligent enterprises. SAP helps give people and organizations deep business insight and fosters collaboration that helps them stay ahead of their competition. We simplify technology for companies so they can consume our software the way they want – without disruption. Our end-to-end suite of applications and services enables business and public customers across 26 industries globally to operate profitably, adapt continuously, and make a difference. With a global network of customers, partners, employees, and thought leaders, SAP helps the world run better and improve people’s lives. For more information, visit www.sap.com.

This news release contains various “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are typically identified by the use of terms such as “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “predict,” “project,” “seek,” “should,” “will,” and similar words or similar expressions (or negative versions of such words or expressions).

Although we believe that the expectations reflected in such forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct. Important factors, that could cause actual results to differ materially from expectations include the following: the occurrence of extraordinary events, such as terrorist attacks, public health threats, civil unrest, and inclement weather, including as a result of climate change; the effect of economic conditions on our consumers' confidence and discretionary spending or our access to credit, including the impact of inflation; additional or increased taxes and fees; the impact of any pandemics, epidemics, or outbreaks of infectious diseases, including the impact of any future developments related to COVID-19, and related economic matters on our results of operations, financial conditions and prospects; lack of confidence in the integrity of our core businesses or any deterioration in our reputation; loss of key or highly skilled personnel, as well as general disruptions in the general labor market; the impact of significant competition, and the expectation the competition levels will increase; changes in consumer preferences, attendance, wagering, and sponsorships; risks associated with equity investments, strategic alliances and other third-party agreements; inability to respond to rapid technological changes in a timely manner; concentration and evolution of slot machine and historical racing machine (HRM) manufacturing and other technology conditions that could impose additional costs; failure to enter into or maintain agreements with industry constituents, including horsemen and other racetracks; inability to successfully focus on market access and retail operations for our TwinSpires Sports and Casino business and effectively compete; online security risk, including cyber-security breaches, or loss or misuse of our stored information as a result of a breach including customers’ personal information could lead to government enforcement actions or other litigations; reliance on our technology services and catastrophic events and system failures disrupting our operations; inability to identify, complete, or fully realize the benefits of our proposed acquisitions, divestitures, development of new venues or the expansion of existing facilities on time, on budget, or as planned; difficulty in integrating recent or future acquisitions into our operations; cost overruns and other uncertainties associated with the development of new venues and the expansion of existing facilities; general risks related to real estate ownership and significant expenditures, including risks related to environmental liabilities; personal injury litigation related to injuries occurring at our racetracks; compliance with the Foreign Corrupt Practices Act or other similar laws and regulations, or applicable anti-money laundering regulations; payment-related risks, such as risk associated with fraudulent credit card or debit card use; work stoppages and labor problems; risks related to pending or future legal proceedings and other actions; highly regulated operations and changes in the regulatory environment could adversely affect our business; restrictions in our debt facilities limiting our flexibility to operate our business; failure to comply with the financial ratios and other covenants in our debt facilities and other indebtedness; increases to interest rates (due to inflation or otherwise), disruption in the credit markets or changes to our credit ratings may adversely affect our business; increase in our insurance costs, or inability to obtain similar insurance coverage in the future, and any inability to recover under our insurance policies for damages sustained at our properties in the event of inclement weather and casualty events; and other factors described under the heading “Risk Factors” in our most recent Annual Report on Form 10-K and in other filings we make with the Securities and Exchange Commission.

We do not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

Media Contacts

Tonya Abeln
VP Corporate Communications
Churchill Downs Incorporated

Kaitlin Buzzetto
Director of Investor Relations
Churchill Downs Incorporated

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Kentucky Derby Week, Spring Meet Tickets Officially On Sale

LOUISVILLE, KY., (February 1, 2024) Tickets for Kentucky Derby Week and the entire 43-day Spring Meet at Churchill Downs are officially on sale as of Thursday, February 1 at noon. The 150th Spring Meet at the historic Louisville racetrack spans nine weeks from April 27-June 30.

Kentucky Derby Week special events go on sale at www.kentuckyderby.com/derbyweek and they include:

  • Opening Night: Derby Through the Decades (Saturday, April 27) – Opening Night is the perfect chance to join in the spectacle that is Kentucky Derby Week, and it just got bigger. The post position draws for the Kentucky Derby and Kentucky Oaks have been moved to this date and they’ll be staged between races while open to the public.
  • Dawn at the Downs Dining (Sunday, April 28 and Monday, April 29) – A favorite for decades, guests can watch the Thoroughbreds train while enjoying a delicious buffet breakfast in the Stakes Room or Millionaires Row. Gates open at 7 a.m. and there is an exclusive training window only for Derby (yellow saddle towels) and Oaks (pink saddle towels) participants from 7:30-7:45 a.m. Training continues for all other horses until 10 a.m., notwithstanding renovation breaks from 7-7:30 a.m. and 8:30-9 a.m.
  • 502’sDay Celebrating 150 Years of Louisville Businesses (Tuesday, April 30) – 502’sDay – a nod to Louisville’s area code and Tuesday of Derby Week – returns for its second year and will keep the spotlight on what makes Kentucky Derby Week special: the local community. As Churchill Downs commemorates its 150th Kentucky Derby, 502’sDay will recognize the enduring contributions of Louisville businesses that have been at the heart of the city for more than a century and a half. General admission will be just $5 and the day is dedicated to the 502 with the best of Louisville on full display.
  • Champions Day: Celebrating Kentucky’s Champions (Wednesday, May 1) – This year’s Champions Day will not only shine the spotlight on the rich history of the Kentucky Derby and Thoroughbred racing but will expand to pay tribute to the extraordinary Kentucky champions who have excelled across a diverse spectrum of sports. Select premium dining tickets on Champions Day are all-inclusive of food and drinks.
  • Thurby presented by Old Forester (Thursday, May 2) – Featuring Bluegrass music in the Paddock Plaza, the finest bourbon and top-level horse racing, the 11th edition of Thurby will again celebrate Kentucky’s best. Select premium dining tickets on Thurby are all-inclusive of food and drinks.
  • Taste of Derby (Thursday, May 2) – The annual Taste of Derby culinary experience is an evening of exquisite cuisine and exceptional Jackson Family wines paired and created by nationally-renowned chefs from 7-10 p.m.

Derby Week general admission tickets are $24 on Opening Night and Champions Day; $39 on Thurby; and a special $5 offering for 502’sDay. Reserved box seats range from $26-$39 for Derby Week and $49-$69 for Thurby depending on the location.

Guests attending Churchill Downs on Kentucky Derby Week will see the debut of the transformative $200 million Paddock redevelopment project that will enhance the experience for nearly every guest who enters the gates of the historic racetrack.

The two-year redesign will enhance visibility of the iconic Twin Spires, streamline guest circulation paths, update the audio-visual experience and create additional value for guests by updating existing ticket products and amenities. More than 3,600 permanent all-inclusive seats and an additional 7,000 sq. ft. of guest space will be introduced, including two premium clubs, premium reserved dining and rail boxes, along with more than 3,200 standing room only tickets. The project will also update select existing ticket inventory and improve Paddock views for front-side guests with the addition of elevated viewing platforms.

Tickets in the new Paddock spaces have been tailored to a variety of price points on Kentucky Derby Week to accommodate all different budgets. Many premium dining spaces offer an all-inclusive experience which includes your food and both alcoholic and non-alcoholic beverages from gates opening to last call. For more information, visit: www.kentuckyderby.com/visit/derby-week-events.

Tickets for the 150th Kentucky Oaks and Kentucky Derby on May 3-4 have seen unprecedented demand with limited premium and luxury experiences still available. Fans are encouraged to secure tickets by visiting www.KentuckyDerby.com, www.Derby150.com and www.DerbyExperiences.com or by calling (502) 636-4447 to be a part of the most extraordinary Kentucky Derby yet.

Churchill Downs also provides a secure, official resale marketplace to purchase Derby and Oaks tickets via the Churchill Downs Ticketmaster Ticket Exchange on www.KentuckyDerby.com.

In addition to Kentucky Derby Week events, tickets for all other Spring Meet racing days are also on sale at: www.churchilldowns.com/day-at-the-races. Other key Spring Meet dates of note include:

  • Twilight Thursdays featuring $2 select domestic beer, live music and food trucks (every Thursday, May 9-June 27)
  • Mother’s Day (Sunday, May 12)
  • Preakness Stakes Simulcast and Downs After Dark (Saturday, May 18)
  • Stephen Foster Preview Day (Saturday, June 1)
  • Belmont Stakes Simulcast (Saturday, June 8)
  • Downs After Dark (Saturday, June 15)
  • Father’s Day (Sunday, June 16)
  • Stephen Foster Day (Saturday, June 29)

About Churchill Downs Racetrack

Churchill Downs Racetrack (“CDRT”), the world’s most legendary racetrack, has been the home of The Kentucky Derby, the longest continually held annual sporting event in the United States, since 1875. Located in Louisville, CDRT features a series of themed race days during Derby Week, including the Kentucky Oaks, and conducts Thoroughbred horse racing during three race meets in the Spring, September, and the Fall. CDRT is located on 175 acres and has a one-mile dirt track, a 7/8-mile turf track, a stabling area, and provides seating for approximately 60,000 guests. The stable area has barns sufficient to accommodate 1,400 horses and a 114-room dormitory for backstretch personnel. CDRT also has a year-round simulcast wagering facility and Race & Sports Book. www.ChurchillDowns.com.

This news release contains various “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are typically identified by the use of terms such as “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “predict,” “project,” “seek,” “should,” “will,” and similar words or similar expressions (or negative versions of such words or expressions).

Although we believe that the expectations reflected in such forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct. Important factors, that could cause actual results to differ materially from expectations include the following: the occurrence of extraordinary events, such as terrorist attacks, public health threats, civil unrest, and inclement weather, including as a result of climate change; the effect of economic conditions on our consumers' confidence and discretionary spending or our access to credit, including the impact of inflation; additional or increased taxes and fees; the impact of any pandemics, epidemics, or outbreaks of infectious diseases, including the impact of any future developments related to COVID-19, and related economic matters on our results of operations, financial conditions and prospects; lack of confidence in the integrity of our core businesses or any deterioration in our reputation; loss of key or highly skilled personnel, as well as general disruptions in the general labor market; the impact of significant competition, and the expectation the competition levels will increase; changes in consumer preferences, attendance, wagering, and sponsorships; risks associated with equity investments, strategic alliances and other third-party agreements; inability to respond to rapid technological changes in a timely manner; concentration and evolution of slot machine and historical racing machine (HRM) manufacturing and other technology conditions that could impose additional costs; failure to enter into or maintain agreements with industry constituents, including horsemen and other racetracks; inability to successfully focus on market access and retail operations for our TwinSpires Sports and Casino business and effectively compete; online security risk, including cyber-security breaches, or loss or misuse of our stored information as a result of a breach including customers’ personal information could lead to government enforcement actions or other litigations; reliance on our technology services and catastrophic events and system failures disrupting our operations; inability to identify, complete, or fully realize the benefits of our proposed acquisitions, divestitures, development of new venues or the expansion of existing facilities on time, on budget, or as planned; difficulty in integrating recent or future acquisitions into our operations; cost overruns and other uncertainties associated with the development of new venues and the expansion of existing facilities; general risks related to real estate ownership and significant expenditures, including risks related to environmental liabilities; personal injury litigation related to injuries occurring at our racetracks; compliance with the Foreign Corrupt Practices Act or other similar laws and regulations, or applicable anti-money laundering regulations; payment-related risks, such as risk associated with fraudulent credit card or debit card use; work stoppages and labor problems; risks related to pending or future legal proceedings and other actions; highly regulated operations and changes in the regulatory environment could adversely affect our business; restrictions in our debt facilities limiting our flexibility to operate our business; failure to comply with the financial ratios and other covenants in our debt facilities and other indebtedness; increases to interest rates (due to inflation or otherwise), disruption in the credit markets or changes to our credit ratings may adversely affect our business; increase in our insurance costs, or inability to obtain similar insurance coverage in the future, and any inability to recover under our insurance policies for damages sustained at our properties in the event of inclement weather and casualty events; and other factors described under the heading “Risk Factors” in our most recent Annual Report on Form 10-K and in other filings we make with the Securities and Exchange Commission.

We do not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

Media Contacts

Darren Rogers
Senior Director, Communications & Media Services
Churchill Downs Racetrack

 

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Special Kentucky Derby 150 Trophy Unveiled

LOUISVILLE, KY., (January 30, 2024) The priceless gold trophy to be presented to the winning owner of the landmark 150th running of the $5 million Kentucky Derby presented by Woodford Reserve on Saturday, May 4 was unveiled for the first time Tuesday during a media event held in Churchill Downs’ First Turn Club.

The special Kentucky Derby trophy was handcrafted by silversmiths of S.R. Blackinton in Smithfield, R.I. from 14-karat solid yellow gold and green gold over a period of more than six months. As always, the front of the trophy is adorned by a 14-karat gold horseshoe pointed upward, the top features a 14-karat gold horse and rider, and the sides showcase a pair of horseshoe-shaped wreath handles.

Overall, the trophy stands 22 inches tall and weighs just under 68 ounces, excluding its jade base and unique gems added to this year’s milestone trophy.

As was the case with previous special anniversaries – 1949 (75th), 1974 (100th) and 1999 (125th) – this year’s trophy has unique jeweled embellishments to commemorate the special 150th anniversary of the Kentucky Derby.

A distinctive garland of roses outfitted with 196 rubies, 96 marquise emeralds and 36 round emeralds is draped across the withers of the horse atop the 2024 trophy. Additionally, there are 12 diamonds on the cover cape beneath the horse, 38 rubies on the circular braid atop the gold cup, and eight diamonds within the horseshoe on the front of the trophy.

Since the 50th running of the Kentucky Derby in 1924, Churchill Downs has annually presented a gold trophy to the winning owner of the famed “Run for the Roses.”

History is unclear if a trophy was presented in 1875 to the winner of the first Kentucky Derby, and trophy presentations were sporadically made in following years. Finally, in 1924, legendary Churchill Downs President Col. Matt J. Winn commissioned a standard design to be developed for the “Golden Anniversary” of the Derby.

The trophy is believed to be the only solid gold trophy that is annually awarded the winner of a major American sporting event.

Additionally, three smaller sterling silver replica trophies are awarded to the winning jockey, trainer and breeder of the Kentucky Derby.

Tickets for the 150th Kentucky Oaks and Kentucky Derby on May 3-4 have seen unprecedented demand with limited premium and luxury experiences still available. Fans are encouraged to secure tickets by visiting www.KentuckyDerby.com, www.Derby150.com and www.DerbyExperiences.com or by calling (502) 636-4447 to be a part of the most extraordinary Kentucky Derby yet.

Churchill Downs also provides a secure, official resale marketplace to purchase Derby and Oaks tickets via the Churchill Downs Ticketmaster Ticket Exchange on www.KentuckyDerby.com.

About The Kentucky Derby

The $5 million Kentucky Derby takes place on the first Saturday in May at historic Churchill Downs in Louisville, KY. Inaugurated in 1875, the legendary 1 ¼-mile race for 3-year-olds is the longest continually held major sporting event in the United States and the first leg of horse racing’s Triple Crown series. Also known as “The Run for the Roses®” and “The Most Exciting Two Minutes in Sports®,” the Kentucky Derby is the most attended horse race in the nation. The 150th running of the Kentucky Derby will take place on Saturday, May 4, 2024. For more information, please visit www.KentuckyDerby.com.

About Churchill Downs Racetrack

Churchill Downs Racetrack (“CDRT”), the world’s most legendary racetrack, has been the home of The Kentucky Derby, the longest continually held annual sporting event in the United States, since 1875. Located in Louisville, CDRT features a series of themed race days during Derby Week, including the Kentucky Oaks, and conducts Thoroughbred horse racing during three race meets in the Spring, September, and the Fall. CDRT is located on 175 acres and has a one-mile dirt track, a 7/8-mile turf track, a stabling area, and provides seating for approximately 60,000 guests. The stable area has barns sufficient to accommodate 1,400 horses and a 114-room dormitory for backstretch personnel. CDRT also has a year-round simulcast wagering facility and Race & Sports Book. www.ChurchillDowns.com.

This news release contains various “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are typically identified by the use of terms such as “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “predict,” “project,” “seek,” “should,” “will,” and similar words or similar expressions (or negative versions of such words or expressions).

Although we believe that the expectations reflected in such forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct. Important factors, that could cause actual results to differ materially from expectations include the following: the occurrence of extraordinary events, such as terrorist attacks, public health threats, civil unrest, and inclement weather, including as a result of climate change; the effect of economic conditions on our consumers' confidence and discretionary spending or our access to credit, including the impact of inflation; additional or increased taxes and fees; the impact of any pandemics, epidemics, or outbreaks of infectious diseases, including the impact of any future developments related to COVID-19, and related economic matters on our results of operations, financial conditions and prospects; lack of confidence in the integrity of our core businesses or any deterioration in our reputation; loss of key or highly skilled personnel, as well as general disruptions in the general labor market; the impact of significant competition, and the expectation the competition levels will increase; changes in consumer preferences, attendance, wagering, and sponsorships; risks associated with equity investments, strategic alliances and other third-party agreements; inability to respond to rapid technological changes in a timely manner; concentration and evolution of slot machine and historical racing machine (HRM) manufacturing and other technology conditions that could impose additional costs; failure to enter into or maintain agreements with industry constituents, including horsemen and other racetracks; inability to successfully focus on market access and retail operations for our TwinSpires Sports and Casino business and effectively compete; online security risk, including cyber-security breaches, or loss or misuse of our stored information as a result of a breach including customers’ personal information could lead to government enforcement actions or other litigations; reliance on our technology services and catastrophic events and system failures disrupting our operations; inability to identify, complete, or fully realize the benefits of our proposed acquisitions, divestitures, development of new venues or the expansion of existing facilities on time, on budget, or as planned; difficulty in integrating recent or future acquisitions into our operations; cost overruns and other uncertainties associated with the development of new venues and the expansion of existing facilities; general risks related to real estate ownership and significant expenditures, including risks related to environmental liabilities; personal injury litigation related to injuries occurring at our racetracks; compliance with the Foreign Corrupt Practices Act or other similar laws and regulations, or applicable anti-money laundering regulations; payment-related risks, such as risk associated with fraudulent credit card or debit card use; work stoppages and labor problems; risks related to pending or future legal proceedings and other actions; highly regulated operations and changes in the regulatory environment could adversely affect our business; restrictions in our debt facilities limiting our flexibility to operate our business; failure to comply with the financial ratios and other covenants in our debt facilities and other indebtedness; increases to interest rates (due to inflation or otherwise), disruption in the credit markets or changes to our credit ratings may adversely affect our business; increase in our insurance costs, or inability to obtain similar insurance coverage in the future, and any inability to recover under our insurance policies for damages sustained at our properties in the event of inclement weather and casualty events; and other factors described under the heading “Risk Factors” in our most recent Annual Report on Form 10-K and in other filings we make with the Securities and Exchange Commission.

We do not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

Media Contacts

Darren Rogers
Senior Director, Communications & Media Services
Churchill Downs Racetrack

 

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Official Kentucky Oaks Lily Glass Now Available

LOUISVILLE, KY., (January 25, 2024) The official Kentucky Oaks 150 Lily Glass is now available for purchase at www.KentuckyDerbyStore.com and select retailers, including the Kentucky Derby Museum.

The launch of the Oaks Lily Glass, which first debuted in 2005, coincides with the milestone mark of 100 days until the 150th running of the Kentucky Derby presented by Woodford Reserve on Saturday, May 4.

This year’s design of the Oaks Lily Glass is adorned with the classic Kentucky Oaks Lilies.

The popular Kentucky Derby 150 Mint Julep glass was unveiled Dec. 6.

In addition to the customary Mint Julep and Oaks Lily Glasses, guests attending the 150th Kentucky Oaks and Kentucky Derby at Churchill Downs will receive an exclusive Mint Julep Glass and Oaks Lily Glass available only on-site. The exclusive glasses will feature a frosted casing with a gold trophy and gold lilies, respectively, which adds a priceless piece of memorabilia to this historic occasion.

Tickets for the 150th Kentucky Oaks and Kentucky Derby have seen unprecedented demand with limited premium and luxury experiences still available. Fans are encouraged to secure tickets by visiting www.KentuckyDerby.com, www.Derby150.com and www.DerbyExperiences.com or by calling (502) 636-4447 to be a part of the most extraordinary Kentucky Derby yet.

Churchill Downs also provides a secure, official resale marketplace to purchase Derby and Oaks tickets via the Churchill Downs Ticketmaster Ticket Exchange on www.KentuckyDerby.com.

About Churchill Downs Racetrack

Churchill Downs Racetrack (“CDRT”), the world’s most legendary racetrack, has been the home of The Kentucky Derby, the longest continually held annual sporting event in the United States, since 1875. Located in Louisville, CDRT features a series of themed race days during Derby Week, including the Kentucky Oaks, and conducts Thoroughbred horse racing during three race meets in the Spring, September, and the Fall. CDRT is located on 175 acres and has a one-mile dirt track, a 7/8-mile turf track, a stabling area, and provides seating for approximately 60,000 guests. The stable area has barns sufficient to accommodate 1,400 horses and a 114-room dormitory for backstretch personnel. CDRT also has a year-round simulcast wagering facility and Race & Sports Book. www.ChurchillDowns.com.

This news release contains various “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are typically identified by the use of terms such as “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “predict,” “project,” “seek,” “should,” “will,” and similar words or similar expressions (or negative versions of such words or expressions).

Although we believe that the expectations reflected in such forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct. Important factors, that could cause actual results to differ materially from expectations include the following: the occurrence of extraordinary events, such as terrorist attacks, public health threats, civil unrest, and inclement weather, including as a result of climate change; the effect of economic conditions on our consumers' confidence and discretionary spending or our access to credit, including the impact of inflation; additional or increased taxes and fees; the impact of any pandemics, epidemics, or outbreaks of infectious diseases, including the impact of any future developments related to COVID-19, and related economic matters on our results of operations, financial conditions and prospects; lack of confidence in the integrity of our core businesses or any deterioration in our reputation; loss of key or highly skilled personnel, as well as general disruptions in the general labor market; the impact of significant competition, and the expectation the competition levels will increase; changes in consumer preferences, attendance, wagering, and sponsorships; risks associated with equity investments, strategic alliances and other third-party agreements; inability to respond to rapid technological changes in a timely manner; concentration and evolution of slot machine and historical racing machine (HRM) manufacturing and other technology conditions that could impose additional costs; failure to enter into or maintain agreements with industry constituents, including horsemen and other racetracks; inability to successfully focus on market access and retail operations for our TwinSpires Sports and Casino business and effectively compete; online security risk, including cyber-security breaches, or loss or misuse of our stored information as a result of a breach including customers’ personal information could lead to government enforcement actions or other litigations; reliance on our technology services and catastrophic events and system failures disrupting our operations; inability to identify, complete, or fully realize the benefits of our proposed acquisitions, divestitures, development of new venues or the expansion of existing facilities on time, on budget, or as planned; difficulty in integrating recent or future acquisitions into our operations; cost overruns and other uncertainties associated with the development of new venues and the expansion of existing facilities; general risks related to real estate ownership and significant expenditures, including risks related to environmental liabilities; personal injury litigation related to injuries occurring at our racetracks; compliance with the Foreign Corrupt Practices Act or other similar laws and regulations, or applicable anti-money laundering regulations; payment-related risks, such as risk associated with fraudulent credit card or debit card use; work stoppages and labor problems; risks related to pending or future legal proceedings and other actions; highly regulated operations and changes in the regulatory environment could adversely affect our business; restrictions in our debt facilities limiting our flexibility to operate our business; failure to comply with the financial ratios and other covenants in our debt facilities and other indebtedness; increases to interest rates (due to inflation or otherwise), disruption in the credit markets or changes to our credit ratings may adversely affect our business; increase in our insurance costs, or inability to obtain similar insurance coverage in the future, and any inability to recover under our insurance policies for damages sustained at our properties in the event of inclement weather and casualty events; and other factors described under the heading “Risk Factors” in our most recent Annual Report on Form 10-K and in other filings we make with the Securities and Exchange Commission.

We do not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

Media Contacts

Hayley Armstrong
Brand Communications Manager
Churchill Downs Racetrack

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Submissions for 2024 Kentucky Oaks Survivors Parade Now Open

LOUISVILLE, KY., (January 25, 2024) The Submissions to participate in the 2024 Kentucky Oaks Survivors Parade on Friday, May 3 are now open.

The launch of the Survivors Parade submissions coincides with the milestone mark of 100 days until the 150th running of the Kentucky Derby presented by Woodford Reserve on Saturday, May 4.

This year’s Survivors Parade will honor 150 Breast and Ovarian cancer survivors and fighters with tickets for the selected recipient and a guest to attend the 150th Kentucky Oaks on Friday, May 3, and include an unforgettable march on the historic track at Churchill Downs.Those who have overcome or are battling a breast or ovarian cancer diagnosis who have never participated in the Oaks Survivors Parade are encouraged to submit their story at www.KentuckyDerby.com/Survivors-Parade until Tuesday, Feb. 20.

Those who wish to nominate a potential participant for consideration are encouraged to share the submission link directly with the candidate so that they may submit the relevant qualifying information.

For the 16th Survivors Parade, Churchill Downs will support and recognize the meaningful work of two beneficiary organizations that provide critical services and care to underserved women across the region who may lack access to breast care screenings: Derby Divas in partnership with the Norton Cancer Institute Breast Health Program and Horses and Hope in affiliation with the Kentucky Cancer Program that provides breast cancer screening, education and treatment referral among Kentucky’s signature horse industry workers and others who lack access to health services. The Kentucky Oaks charitable initiative has raised more than $1 million to drive breast and ovarian health awareness and life-saving interventions over the past 15 years.

As was the case last year, the 2024 Survivors Parade participants will be chosen randomly rather than by public vote to optimize equal opportunity and consideration. Winners will be announced Monday, Feb. 26.

In addition to a call for submissions, fans are encouraged to join the effort to raise money to support breast and ovarian health by donating to the Kentucky Oaks charitable partners at www.kentuckyderby.com/survivors.

Tickets for the 150th Kentucky Oaks and Kentucky Derby have seen unprecedented demand with limited premium and luxury experiences still available. Fans are encouraged to secure tickets by visiting www.KentuckyDerby.com, www.Derby150.com and www.DerbyExperiences.com or by calling (502) 636-4447 to be a part of the most extraordinary Kentucky Derby yet.

Churchill Downs also provides a secure, official resale marketplace to purchase Derby and Oaks tickets via the Churchill Downs Ticketmaster Ticket Exchange on www.KentuckyDerby.com.

 

About Churchill Downs Racetrack

Churchill Downs Racetrack (“CDRT”), the world’s most legendary racetrack, has been the home of The Kentucky Derby, the longest continually held annual sporting event in the United States, since 1875. Located in Louisville, CDRT features a series of themed race days during Derby Week, including the Kentucky Oaks, and conducts Thoroughbred horse racing during three race meets in the Spring, September, and the Fall. CDRT is located on 175 acres and has a one-mile dirt track, a 7/8-mile turf track, a stabling area, and provides seating for approximately 60,000 guests. The stable area has barns sufficient to accommodate 1,400 horses and a 114-room dormitory for backstretch personnel. CDRT also has a year-round simulcast wagering facility and Race & Sports Book. www.ChurchillDowns.com.

This news release contains various “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are typically identified by the use of terms such as “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “predict,” “project,” “seek,” “should,” “will,” and similar words or similar expressions (or negative versions of such words or expressions).

Although we believe that the expectations reflected in such forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct. Important factors, that could cause actual results to differ materially from expectations include the following: the occurrence of extraordinary events, such as terrorist attacks, public health threats, civil unrest, and inclement weather, including as a result of climate change; the effect of economic conditions on our consumers' confidence and discretionary spending or our access to credit, including the impact of inflation; additional or increased taxes and fees; the impact of any pandemics, epidemics, or outbreaks of infectious diseases, including the impact of any future developments related to COVID-19, and related economic matters on our results of operations, financial conditions and prospects; lack of confidence in the integrity of our core businesses or any deterioration in our reputation; loss of key or highly skilled personnel, as well as general disruptions in the general labor market; the impact of significant competition, and the expectation the competition levels will increase; changes in consumer preferences, attendance, wagering, and sponsorships; risks associated with equity investments, strategic alliances and other third-party agreements; inability to respond to rapid technological changes in a timely manner; concentration and evolution of slot machine and historical racing machine (HRM) manufacturing and other technology conditions that could impose additional costs; failure to enter into or maintain agreements with industry constituents, including horsemen and other racetracks; inability to successfully focus on market access and retail operations for our TwinSpires Sports and Casino business and effectively compete; online security risk, including cyber-security breaches, or loss or misuse of our stored information as a result of a breach including customers’ personal information could lead to government enforcement actions or other litigations; reliance on our technology services and catastrophic events and system failures disrupting our operations; inability to identify, complete, or fully realize the benefits of our proposed acquisitions, divestitures, development of new venues or the expansion of existing facilities on time, on budget, or as planned; difficulty in integrating recent or future acquisitions into our operations; cost overruns and other uncertainties associated with the development of new venues and the expansion of existing facilities; general risks related to real estate ownership and significant expenditures, including risks related to environmental liabilities; personal injury litigation related to injuries occurring at our racetracks; compliance with the Foreign Corrupt Practices Act or other similar laws and regulations, or applicable anti-money laundering regulations; payment-related risks, such as risk associated with fraudulent credit card or debit card use; work stoppages and labor problems; risks related to pending or future legal proceedings and other actions; highly regulated operations and changes in the regulatory environment could adversely affect our business; restrictions in our debt facilities limiting our flexibility to operate our business; failure to comply with the financial ratios and other covenants in our debt facilities and other indebtedness; increases to interest rates (due to inflation or otherwise), disruption in the credit markets or changes to our credit ratings may adversely affect our business; increase in our insurance costs, or inability to obtain similar insurance coverage in the future, and any inability to recover under our insurance policies for damages sustained at our properties in the event of inclement weather and casualty events; and other factors described under the heading “Risk Factors” in our most recent Annual Report on Form 10-K and in other filings we make with the Securities and Exchange Commission.

We do not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

Media Contacts

Hayley Armstrong
Brand Communications Manager
Churchill Downs Racetrack

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Nominations Can Be Made Online at www.thetriplecrown.com

LOUISVILLE, Ky. (Friday, Jan. 12, 2024) – Early nominations for 3-year-old Thoroughbreds to become eligible to compete in the 2024 Triple Crown with a $600 payment are now available to be made online at www.thetriplecrown.com.

The 2024 Triple Crown opens Saturday, May 4 with the 150th running of the $5 million Kentucky Derby presented by Woodford Reserve (Grade I) at 1 ¼ miles at Churchill Downs in Louisville, Ky. The 149th running of the $1.5 million Preakness (GI), its 1 3/16-mile second jewel, is set for Saturday, May 18 at Pimlico Race Course in Baltimore, Md. The 156th running of the $2 million Belmont Stakes (GI), the series’ 1 ¼-mile final leg, is scheduled for Saturday, June 8 at Saratoga Racecourse.

The early nomination phase will close Monday, Jan. 29. Payments can only be made online at www.thetriplecrown.com.

Horses not nominated by Jan. 29 can still be nominated to the Triple Crown with a late $6,000 payment due Monday, April 1.

Last year’s early Triple Crown nominations attracted 369 horses and 13 late nominees.

Horses under the care of any trainer suspended from competing in the 2024 Kentucky Derby or the 2024 Kentucky Oaks (GI) (as applicable) must be transferred to a non-suspended trainer by Jan. 29 to become eligible for the applicable race. Horses under the care of a suspended trainer will become eligible to earn qualifying points on the Road to the Kentucky Derby or Road to the Kentucky Oaks on a forward-looking basis after the transfer is complete so long as the transfer is complete by the Jan. 29 deadline.

          Representatives of the Triple Crown host tracks include:

  • Churchill Downs: Vice President of Racing and Racing Secretary Ben Huffmanat (502) 638-3820 or [email protected]. … Assistant Racing Secretary and Stakes Coordinator Dan Bork at (502) 638-3806 or [email protected]. … Racing Operations Manager Kelly Danner at (502) 638-3825 or [email protected].
  • Pimlico: Racing Secretary Jillian Sofarelli at (800) 638-1859 or [email protected].
  • Belmont Park: Stakes Coordinator Andrew Byrnes at (718) 659-4217 or [email protected].

About Churchill Downs Incorporated

Churchill Downs Incorporated (“CDI”) (Nasdaq: CHDN) has been creating extraordinary entertainment experiences for nearly 150 years, beginning with the company’s most iconic and enduring asset, the Kentucky Derby. Headquartered in Louisville, Kentucky, CDI has expanded through the development of live and historical racing entertainment venues, the growth of the TwinSpires horse racing online wagering business and the operation and development of regional casino gaming properties. www.churchilldownsincorporated.com

Media Contacts

Kevin Kerstein
Kentucky Racing Communications
Churchill Downs, Ellis Park, Turfy Park

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Kentucky Derby Purse Raised to Record $5 Million; 50-Race Spring Meet Stakes Menu Totals Record $26.5 Million

  • 38 Stakes Races Receive Significant Boosts Totaling $5.1 Million
  • Kentucky Oaks Boosted to $1.5 Million
  • All Grade I Events Worth Minimum $1 Million

LOUISVILLE, KY., (January 10, 2024) The landmark 150th Kentucky Derby presented by Woodford Reserve (Grade I) on Saturday, May 4 will be the richest in history as the purse for America’s greatest race has been elevated to a guaranteed $5 million.

The substantial $2 million increase to the 1 ¼-mile Kentucky Derby for 3-year-olds highlights a record-setting, 50-race stakes schedule cumulatively worth $25.6 million for Churchill Downs’ 2024 Spring Meet, which will be run over 43 dates from April 27-June 30.

Prize money for the stakes schedule increased 25% or $5.1 million from last year’s $20.5 million lineup thanks to Churchill Downs Incorporated’s investment into historical horse racing, which supercharges funding for purses.

Prior to the debut of historical horse racing at CDI’s Derby City Gaming in September 2018, that year’s Spring Meet featured 32 stakes races worth $8.8 million. There are now 18 additional Spring Meet stakes, and prize money for horsemen in those events has grown 190% or by $16.8 million.

“These record purse increases are a symbol of the health of horse racing in Kentucky,” said Bill Carstanjen, CEO of Churchill Downs Incorporated. “Churchill Downs Incorporated’s over $1 billion investment into live and historical horse racing in Kentucky over the last five years has meaningfully strengthened the entire Kentucky Derby Week and year-round racing program. It’s important to acknowledge the state legislature for its commitment to working closely with private enterprise in a truly collaborative partnership to support the continued growth of Kentucky’s signature industry.”

Thirty-eight of the 2024 Spring Meet stakes races received significant purse hikes, including $250,000 boosts to each of the following: the $1.5 million Kentucky Oaks (GI); $1 million La Troienne (GI); $1 million Churchill Downs presented by Ford (GI); $1 million Derby City Distaff presented by Kendall-Jackson Winery (GI); and $750,000 Churchill Distaff Turf Mile (GII). Each of the track’s seven Grade I events, including the Old Forester Bourbon Turf Classic and Stephen Foster, feature a minimum $1 million purse.

With a record $5 million in prize money now guaranteed for the Kentucky Derby, the winner will receive the event’s highly sought-after gold trophy, a $3.1 million payday and possibly millions more as a stallion after retirement from racing. Also, $1 million will be awarded to the runner-up, $500,000 to third, $250,000 to fourth and $150,000 to fifth.

Previously, the Kentucky Derby purse had been worth $3 million since 2019, and was $2 million from 2005-18 and $1 million from 1996-2004.

“It is truly gratifying to view the steady growth of the Churchill Downs racing product and the entire Kentucky horse racing and breeding industry, which bettors around the world have embraced,” said Churchill Downs Racetrack President Mike Anderson. “Through the purses generated by the racing association and the Kentucky Thoroughbred Development Fund, Kentucky horsemen and horsewomen are reaping the benefits of Churchill Downs Incorporated’s historic investment as we celebrate this year’s milestone 150th Kentucky Derby.”

At $1.5 million, the 1 1/8-mile Kentucky Oaks – the Derby’s sister race staged one day prior on Friday, May 3 – remains the nation’s most lucrative race for 3-year-old fillies. It had been worth $1.25 million since 2019, and was $1 million from 2011-18 and $500,000 from 1996-2010.

All told, there will be a record 22 stakes races cumulatively worth $17.5 million staged over Kentucky Derby Week (April 27-May 7), including nine stakes totaling $10.8 million on Derby Day and seven totaling $5.3 million on Oaks Day.

Four races on Kentucky Derby Week will offer horses an entry and travel incentive to run in some of Europe’s most prestigious races. The winner of the Old Forester Turf Classic (GI) will receive a berth to either the one-mile Queen Anne Stakes (GI) or the 1 ¼-mile Prince of Wales’ Stakes (GI) at Royal Ascot in mid-June. Earlier on the Kentucky Derby Day program, the winner of the Twin Spires Turf Sprint (GII) will receive an entry to the King’s Charles III Stakes (GI) (formerly known as the King’s Stand), also staged at Royal Ascot. Three-year-old turf specialists in the American Turf (GII) and Edgewood (GII) can receive their entry to either the Betfred Derby (GI) or Betfred Oaks (GI) at Epsom Downs. The winner of the American Turf on Kentucky Derby Day will receive an entry and travel stipend to compete in the Betfred Derby while the winner of the Edgewood on Kentucky Oaks Day will receive the same benefits for the Betfred Oaks.

The first condition book of scheduled races is being finalized by Vice President of Racing Ben Huffman and is expected to be published in late January. More than $57 million in total prize money is expected to be offered during this year’s Spring Meet (pending Kentucky Thoroughbred Development Fund final approval). Purses for maiden races will be $120,000 while allowance races will range from $127,000 to $141,000.

Spring Meet stall applications are due Friday, March 1. Following its annual closure for wintertime renovations, the Churchill Downs stable area will reopen Tuesday, March 19. The first day of training on the main dirt track will be Friday, March 22.

For the second consecutive year, Churchill Downs Incorporated’s nearby Trackside Louisville, which accommodates more than 500 horses, has remained open year-round for wintertime stabling and training for racing at Turfway Park in northern Kentucky.

2024 CHURCHILL DOWNS SPRING MEET STAKES SCHEDULE

DateRunningGradePurse+ vs. 2023RaceConditionsDistanceSurface
Saturday, April 2714th$200,000$25,000Roxelana Overnight Stakes4&up, f&m6 FDirt
Wednesday, May 19thListed$300,000$75,000William Walker3yo5 ½ FTurf
Wednesday, May 16th$200,000$25,000Isaac Murphy Marathon Overnight Stakes4&up1 ½ MDirt
Thursday, May 219thListed$350,000$50,000Opening Verse4&up1 MTurf
Thursday, May 230th$250,000$50,000Kentucky Juvenile2yo5 FDirt
Thursday, May 23rd$200,000$25,000St. Matthews Overnight Stakes4&up ®6 FDirt
Friday, May 3150thI$1,500,000$250,000Kentucky Oaks3yo f1 1/8 MDirt
Friday, May 339thI$1,000,000$250,000La Troienne4&up, f&m1 1/16 MDirt
Friday, May 321stII$750,000$150,000Alysheba presented by Sentient Jet4&up1 1/16 MDirt
Friday, May 369thII$600,000$100,000Eight Belles3yo f7 FDirt
Friday, May 340thII$600,000$100,000Edgewood presented by Forcht Bank3yo f1 1/16 MTurf
Friday, May 367thIII$400,000$100,000Modesty4&up, f&m1 1/8 MTurf
Friday, May 314thIII$400,000$100,000Unbridled Sidney presented by Sysco3&up, f&m5 ½ FTurf
Saturday, May 7150thI$5,000,000$2,000,000Kentucky Derby presented by Woodford Reserve3yo1 ¼ MDirt
Saturday, May 738thI$1,000,000Old Forester Bourbon Turf Classic4&up1 1/8 MTurf
Saturday, May 789thI$1,000,000$250,000Churchill Downs presented by Ford4&up7 FDirt
Saturday, May 738thI$1,000,000$250,000Derby City Distaff presented by Kendall-Jackson Winery4&up, f&m7 FDirt
Saturday, May 739thII$750,000$250,000Churchill Distaff Turf Mile4&up, f&m1 MTurf
Saturday, May 730thII$600,000$100,000Twin Spires Turf Sprint3&up5 ½ FTurf
Saturday, May 7100thII$600,000$100,000Pat Day Mile3yo1 MDirt
Saturday, May 733rdII$600,000$100,000American Turf3yo1 1/16 MTurf
Saturday, May 73rdListed ®$200,000$25,000Knicks Go Overnight Stakes4&up ®1 MDirt
Saturday, May 115thListed$225,000Mamzelle3yo f5 ½ FTurf
Saturday, May 1887thIII$250,000$25,000Louisville4&up1 ½ MTurf
Saturday, May 2511thListed$250,000$25,000Keertana4&up, f&m1 ½ MTurf
Monday, May 2721stIII$250,000$25,000Winning Colors4&up, f&m6 FDirt
Saturday, June 15thIII$275,000$50,000Blame4&up1 1/8 MDirt
Saturday, June 15thIII$275,000$50,000Shawnee4&up, f&m1 1/16 MDirt
Saturday, June 188thIII$275,000$50,000Arlington4&up1 1/16 MTurf
Saturday, June 155thIII$275,000$50,000Regret3yo f1 1/8 MTurf
Saturday, June 136thListed$275,000$50,000Aristides4&up6 FDirt
Saturday, June 15thListed$275,000$50,000Audubon3yo1 1/8 MTurf
Sunday, June 248thIII$250,000$25,000Old Forester Mint Julep4&up, f&m1 1/16 MTurf
Saturday, June 88thListed$225,000Mighty Beau3&up5 FTurf
Sunday, June 927thIII$400,000Matt Winn3yo1 1/16 MDirt
Sunday, June 93rd$175,000Leslie’s Lady Overnight Stakes3yo f7 FDirt
Saturday, June 153rd$175,000Monomoy Girl Overnight Stakes3yo f1 1/16 MDirt
Saturday, June 152nd$175,000Chorleywood Overnight Stakes4&up1 3/8 MTurf
Saturday, June 2234thIII$250,000$25,000Chicago4&up, f&m7 FDirt
Saturday, June 2943rdI$1,000,000Stephen Foster4&up1 1/8 MDirt
Saturday, June 2949thII$500,000$100,000Fleur de Lis4&up, f&m1 1/8 MDirt
Saturday, June 2935thII$500,000$100,000Wise Dan4&up1 1/16 MTurf
Saturday, June 29109thListed$250,000$25,000American Derby3yo1 1/16 MTurf
Saturday, June 295thListed$250,000$25,000Tepin3yo f1 MTurf
Saturday, June 2914thListed$250,000$25,000Kelly’s Landing3&up6 ½ FDirt
Sunday, June 303rd$175,000Anchorage Overnight Stakes4&up, f&m1 1/8 MTurf
Sunday, June 303rdListed$175,000Maxfield Overnight Stakes3yo7 FDirt
Sunday, June 3071stListed$300,000$25,000Hanshin presented by JRA4&up1 MDirt
Sunday, June 30123rdListed$225,000Bashford Manor2yo6 FDirt
Sunday, June 30123rdListed$225,000Debutante2yo f6 FDirt

Every stakes race, excluding Grade I events, includes Kentucky Thoroughbred Development Fund prize money.

All Kentucky Thoroughbred Development Fund purse allotments are subject to KHRC approval.

About Churchill Downs Racetrack

Churchill Downs Racetrack (“CDRT”), the world’s most legendary racetrack, has been the home of The Kentucky Derby, the longest continually held annual sporting event in the United States, since 1875. Located in Louisville, CDRT features a series of themed race days during Derby Week, including the Kentucky Oaks, and conducts Thoroughbred horse racing during three race meets in the Spring, September, and the Fall. CDRT is located on 175 acres and has a one-mile dirt track, a 7/8-mile turf track, a stabling area, and provides seating for approximately 60,000 guests. The stable area has barns sufficient to accommodate 1,400 horses and a 114-room dormitory for backstretch personnel. CDRT also has a year-round simulcast wagering facility and Race & Sports Book. www.ChurchillDowns.com.

This news release contains various “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are typically identified by the use of terms such as “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “predict,” “project,” “seek,” “should,” “will,” and similar words or similar expressions (or negative versions of such words or expressions).

Although we believe that the expectations reflected in such forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct. Important factors, that could cause actual results to differ materially from expectations include the following: the occurrence of extraordinary events, such as terrorist attacks, public health threats, civil unrest, and inclement weather, including as a result of climate change; the effect of economic conditions on our consumers' confidence and discretionary spending or our access to credit, including the impact of inflation; additional or increased taxes and fees; the impact of any pandemics, epidemics, or outbreaks of infectious diseases, including the impact of any future developments related to COVID-19, and related economic matters on our results of operations, financial conditions and prospects; lack of confidence in the integrity of our core businesses or any deterioration in our reputation; loss of key or highly skilled personnel, as well as general disruptions in the general labor market; the impact of significant competition, and the expectation the competition levels will increase; changes in consumer preferences, attendance, wagering, and sponsorships; risks associated with equity investments, strategic alliances and other third-party agreements; inability to respond to rapid technological changes in a timely manner; concentration and evolution of slot machine and historical racing machine (HRM) manufacturing and other technology conditions that could impose additional costs; failure to enter into or maintain agreements with industry constituents, including horsemen and other racetracks; inability to successfully focus on market access and retail operations for our TwinSpires Sports and Casino business and effectively compete; online security risk, including cyber-security breaches, or loss or misuse of our stored information as a result of a breach including customers’ personal information could lead to government enforcement actions or other litigations; reliance on our technology services and catastrophic events and system failures disrupting our operations; inability to identify, complete, or fully realize the benefits of our proposed acquisitions, divestitures, development of new venues or the expansion of existing facilities on time, on budget, or as planned; difficulty in integrating recent or future acquisitions into our operations; cost overruns and other uncertainties associated with the development of new venues and the expansion of existing facilities; general risks related to real estate ownership and significant expenditures, including risks related to environmental liabilities; personal injury litigation related to injuries occurring at our racetracks; compliance with the Foreign Corrupt Practices Act or other similar laws and regulations, or applicable anti-money laundering regulations; payment-related risks, such as risk associated with fraudulent credit card or debit card use; work stoppages and labor problems; risks related to pending or future legal proceedings and other actions; highly regulated operations and changes in the regulatory environment could adversely affect our business; restrictions in our debt facilities limiting our flexibility to operate our business; failure to comply with the financial ratios and other covenants in our debt facilities and other indebtedness; increases to interest rates (due to inflation or otherwise), disruption in the credit markets or changes to our credit ratings may adversely affect our business; increase in our insurance costs, or inability to obtain similar insurance coverage in the future, and any inability to recover under our insurance policies for damages sustained at our properties in the event of inclement weather and casualty events; and other factors described under the heading “Risk Factors” in our most recent Annual Report on Form 10-K and in other filings we make with the Securities and Exchange Commission.

We do not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

Media Contacts

Darren Rogers
Senior Director, Communications & Media Services
Churchill Downs Racetrack

 

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Churchill Downs Incorporated (“CDI”) announced today a multi-year partnership between Churchill Downs Racetrack (“Churchill Downs”) and Sports Illustrated for exclusive naming rights of a new luxury dining experience, Club SI, ahead of the historic 150th running of the Kentucky Derby on Saturday, May 4, 2024.

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Club SI will Debut in New Paddock for 150th Kentucky Derby

LOUISVILLE, KY., (January 09, 2024) Churchill Downs Incorporated (“CDI”) announced today a multi-year partnership between Churchill Downs Racetrack (“Churchill Downs”) and Sports Illustrated for exclusive naming rights of a new luxury dining experience, Club SI, ahead of the historic 150th running of the Kentucky Derby on Saturday, May 4, 2024. Originally planned as the 1895 Club, Club SI is scheduled to debut on Opening Night of Derby Week and offer guests a modern, sophisticated race day experience.

Club SI will debut as part of the $200 million renovated Paddock Project at Churchill Downs for the upcoming 150th Kentucky Derby and offer a new luxury equine-focused dining experience with an immersive view of the all-new Paddock and Paddock Runway giving guests unparalleled behind-the-scenes experiences. The interior design of Club SI will showcase iconic Sports Illustrated magazine covers, editorial featuring past Kentucky Derby races, and a sneak peek into Sports Illustrated’s new SI Resorts vertical. Each year, celebrity ambassadors will act as hosts for Club SI during the Kentucky Derby and the Kentucky Oaks for a premium race day experience. With a guest list that includes titans of the sports industry and appointed with iconic Sports Illustrated editorial artwork, Club SI will offer an elevated, exciting and more unique Derby weekend than ever available before.

The club will be open on premium race days and include dining tables to accommodate parties of two, four, six or eight guests who will enjoy gourmet dishes from the curated Chef’s Table Buffet, designated wagering windows, private bars and outdoor trackside viewing for live races. Steps from the club, guests will be treated to the SI Enclosure which will deliver a front-row experience of the Paddock with covered outdoor dining tables to accommodate parties of four.

“As we approach the 150th Kentucky Derby, we are thrilled to partner with a brand as iconic as Sports Illustrated to offer guests an enhanced way to enjoy this incredible anniversary event,” said Mike Anderson, President of Churchill Downs Racetrack. “Sports Illustrated shares our goal of combining exciting sports moments with upscale entertainment, and Club SI will provide the perfect space to achieve this.”

“It is an honor to bring Club SI to Churchill Downs Racetrack, which has such a rich history that we’ve showcased through the pages of Sports Illustrated for decades,” said Michael Sherman, SVP Media Brands at Authentic Brands Group, owner of the Sports Illustrated brand. “Club SI will celebrate iconic elements of the brand, while hosting celebrity talent and offering guests gourmet cuisine and cocktails, a unique vantage point of the new Paddock, and a once-in-a-lifetime horse racing experience for Derby 150.”

Official fly-through video of the brand new Club SI can be viewed online here.

       

About Churchill Downs Incorporated

Churchill Downs Incorporated (“CDI”) (Nasdaq: CHDN) has been creating extraordinary entertainment experiences for nearly 150 years, beginning with the company’s most iconic and enduring asset, the Kentucky Derby. Headquartered in Louisville, Kentucky, CDI has expanded through the development of live and historical racing entertainment venues, the growth of the TwinSpires horse racing online wagering business and the operation and development of regional casino gaming properties. www.churchilldownsincorporated.com

About Churchill Downs Racetrack

Churchill Downs Racetrack (“CDRT”), the world’s most legendary racetrack, has been the home of The Kentucky Derby, the longest continually-held annual sporting event in the United States, since 1875. Located in Louisville, CDRT features a series of themed race days during Derby Week, including the Kentucky Oaks, and conducts Thoroughbred horse racing during three race meets in Spring, September and Fall. CDRT is located on 175 acres and has a one-mile dirt track, a 7/8-mile turf track, a stabling area and provides seating for approximately 60,000 guests. The saddling paddock and the stable area has barns sufficient to accommodate 1,400 horses and a 114-room dormitory for backstretch personnel. CDRT also has a year-round simulcast wagering facility. www.ChurchillDowns.com

About Sports Illustrated

Sports Illustrated ("SI") is an unparalleled and influential leader recognized for shaping modern culture and uniting athletes, teams and fans worldwide. At the intersection of sports, lifestyle and entertainment, Sports Illustrated is a 360-degree enterprise that delivers immersive content, innovative digital experiences, unforgettable events, and original products. Its award-winning media arm brings powerful storytelling to life through probing profiles and up-to-date news on SI.com, across social media platforms and through the monthly print magazine. The most trusted name in sports transcends media through SI Resorts, the ultimate destination for active lifestyles & sports enthusiasts, SI Tickets, a fan-first ticketing platform, SI Sportsbook, a digital sports betting platform, SI Studios, the brand’s home for film, TV, and podcasts, and more. SI brings its unique perspective to marquee events and captivating brand activations including the Sportsperson of the Year Awards, SI’s “The Party”, SI Swimsuit Launch Weekend, and the SI Circuit Series.

For more information, visit SI.com.

Follow Sports Illustrated on Twitter, Instagram, Tik Tok and Facebook.

About Authentic Brands Group

Authentic Brands Group ("Authentic") is a global brand development, marketing and entertainment platform, which owns a portfolio of more than 50 iconic and world-renowned Lifestyle, Entertainment and Media brands. Headquartered in New York City, with offices around the world, Authentic connects strong brands with best-in-class partners and a global network of operators, distributors and retailers to build long-term value in the marketplace. Its brands generate more than $29 billion in global annual retail sales and have an expansive retail footprint in 150 countries, including 13,100-plus freestanding stores and shop-in-shops and 370,000 points of sale.

Authentic is committed to transforming brands by delivering powerful storytelling, compelling content, innovative business models and immersive experiences. It creates and activates original marketing strategies to drive the success of its brands across all consumer touchpoints, platforms and emerging media. Authentic’s brand portfolio includes Marilyn Monroe®, Elvis Presley®, Muhammad Ali®, Shaquille O’Neal®, David Beckham®, Dr. J®, Greg Norman®, Neil Lane®, Thalia®, Sports Illustrated®, Reebok®, Brooks Brothers®, Barneys New York®, Judith Leiber®, Ted Baker®, Hunter®, Vince®, Hervé Léger®, Hickey Freeman®, Frye®, Nautica®, Juicy Couture®, Vince Camuto®, Lucky Brand®, Aéropostale®, Forever 21®, Nine West®, Rockport®, Eddie Bauer®, Boardriders®, Quiksilver®, Billabong®, Roxy®, DC Shoes®, RVCA®, Element®, VonZipper®, Honolua®, Spyder®, Volcom®, Shark®, Tretorn®, Prince®, Airwalk®, Izod®, Jones New York®, Van Heusen®, Hart Schaffner Marx®, Arrow® and Thomasville®.

For more information, visit corporate.authentic.com.

Follow Authentic on LinkedIn, Instagram and X.

This news release contains various “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are typically identified by the use of terms such as “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “predict,” “project,” “seek,” “should,” “will,” and similar words or similar expressions (or negative versions of such words or expressions).

Although we believe that the expectations reflected in such forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct. Important factors, that could cause actual results to differ materially from expectations include the following: the occurrence of extraordinary events, such as terrorist attacks, public health threats, civil unrest, and inclement weather, including as a result of climate change; the effect of economic conditions on our consumers' confidence and discretionary spending or our access to credit, including the impact of inflation; additional or increased taxes and fees; the impact of any pandemics, epidemics, or outbreaks of infectious diseases, including the impact of any future developments related to COVID-19, and related economic matters on our results of operations, financial conditions and prospects; lack of confidence in the integrity of our core businesses or any deterioration in our reputation; loss of key or highly skilled personnel, as well as general disruptions in the general labor market; the impact of significant competition, and the expectation the competition levels will increase; changes in consumer preferences, attendance, wagering, and sponsorships; risks associated with equity investments, strategic alliances and other third-party agreements; inability to respond to rapid technological changes in a timely manner; concentration and evolution of slot machine and historical racing machine (HRM) manufacturing and other technology conditions that could impose additional costs; failure to enter into or maintain agreements with industry constituents, including horsemen and other racetracks; inability to successfully focus on market access and retail operations for our TwinSpires Sports and Casino business and effectively compete; online security risk, including cyber-security breaches, or loss or misuse of our stored information as a result of a breach including customers’ personal information could lead to government enforcement actions or other litigations; reliance on our technology services and catastrophic events and system failures disrupting our operations; inability to identify, complete, or fully realize the benefits of our proposed acquisitions, divestitures, development of new venues or the expansion of existing facilities on time, on budget, or as planned; difficulty in integrating recent or future acquisitions into our operations; cost overruns and other uncertainties associated with the development of new venues and the expansion of existing facilities; general risks related to real estate ownership and significant expenditures, including risks related to environmental liabilities; personal injury litigation related to injuries occurring at our racetracks; compliance with the Foreign Corrupt Practices Act or other similar laws and regulations, or applicable anti-money laundering regulations; payment-related risks, such as risk associated with fraudulent credit card or debit card use; work stoppages and labor problems; risks related to pending or future legal proceedings and other actions; highly regulated operations and changes in the regulatory environment could adversely affect our business; restrictions in our debt facilities limiting our flexibility to operate our business; failure to comply with the financial ratios and other covenants in our debt facilities and other indebtedness; increases to interest rates (due to inflation or otherwise), disruption in the credit markets or changes to our credit ratings may adversely affect our business; increase in our insurance costs, or inability to obtain similar insurance coverage in the future, and any inability to recover under our insurance policies for damages sustained at our properties in the event of inclement weather and casualty events; and other factors described under the heading “Risk Factors” in our most recent Annual Report on Form 10-K and in other filings we make with the Securities and Exchange Commission.

We do not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

Media Contacts

Tonya Abeln
VP Corporate Communications
Churchill Downs Incorporated

Kaitlin Buzzetto
Director of Investor Relations
Churchill Downs Incorporated

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Churchill Downs Team Members Volunteer to Provide Critical Home Repairs as Part of 150 Days Countdown Celebration to Milestone 150th Kentucky Derby

LOUISVILLE, KY., (December 13, 2023) Churchill Downs Racetrack (Churchill Downs) team members volunteered to provide critical home repair services to individuals living in the neighborhoods surrounding the iconic racetrack in celebration of 150 days until the 150th Kentucky Derby. The valued volunteer opportunity was made possible through a three-year community partnership with New Directions Housing Corporation (New Directions) Repair Affair initiative. As part of the magic that makes the Kentucky Derby memorable for guests year after year, the South Louisville community is an integral and important part of what the team does at Churchill Downs, making this a perfect fit as part of the countdown celebrations to the milestone event.

Churchill Downs Incorporated (CDI) connected with New Directions in hopes of giving back and providing needed services to the neighbors of Churchill Downs. Through their Repair Affair initiative, New Directions was able to help identify qualifying long-term residents in the area in need of critical improvements to their homes. In the last two years, almost 50 homeowners in the surrounding neighborhoods have been directly impacted through this partnership. In addition to the recent volunteer efforts, the initiative has also given a disabled homeowner a fully accessible bathroom, replaced a broken furnace during the holiday in a home where a grandfather was acting as caretaker to his two young grandchildren, countless other roof repairs, safety upgrades and painting projects.

New Directions’ mission is to develop and maintain affordable housing in partnership with neighborhoods and other stakeholders. The Repair Affair program provides free home repair for homeowners 60 and over, or with a verified disability who own and live in their home and make less than 50% of the Area Median Income – $27,150 for a one-person household.

“Churchill Downs is proud to give back to the community that has allowed our signature event to thrive for nearly 150 years,” said Casey Ramage, VP of Marketing & Partnerships at Churchill Downs. “We know that the community plays a vital role in the success of the Kentucky Derby which is why it is a key pillar in planning ways to celebrate this milestone anniversary.”

Churchill Downs team members found the opportunity to celebrate the countdown to Kentucky Derby 150 and engage with the residents who live around the racetrack incredibly fulfilling:

  • “It’s an extremely rewarding experience being able to give back to the community through these repair initiatives. Kicking off the countdown to Kentucky Derby 150 in this impactful way makes it that much better as we look forward to the milestone event in May.” – Xaimara Torres Jimenez, Marketing Manager
  • "To see our teams hard work at planning the kick off to Kentucky Derby 150 come to fruition is beyond words. I can’t wait to share our upcoming efforts for 100 and 50 days until Derby as we celebrate with the entire Louisville community." – Michelle Walkup, Director of Product Development & Advertising
  • "I'm so grateful for an opportunity to give back to the local community and celebrate the upcoming Kentucky Derby 150 with our entire team." – Amber Reigard, Premium Sales Manager

  

About New Directions Housing Corporation

Since 1971, New Directions has helped families overcome obstacles to affordable, safe, sustainable housing in Louisville and Southern Indiana. Through our housing, home-repair, and real estate development programs, we help to build and strengthen communities, improve lives and ensure a bright future for those in need. www.ndhc.org.

About Churchill Downs Racetrack

Churchill Downs Racetrack (“CDRT”), the world’s most legendary racetrack, has been the home of The Kentucky Derby, the longest continually-held annual sporting event in the United States, since 1875. Located in Louisville, CDRT features a series of themed race days during Derby Week, including the Kentucky Oaks, and conducts Thoroughbred horse racing during three race meets in Spring, September and Fall. CDRT is located on 175 acres and has a one-mile dirt track, a 7/8-mile turf track, a stabling area and provides seating for approximately 60,000 guests. The saddling paddock and the stable area has barns sufficient to accommodate 1,400 horses and a 114-room dormitory for backstretch personnel. CDRT also has a year-round Race & Sports Book and simulcast wagering facility. www.ChurchillDowns.com

About Churchill Downs Incorporated

Churchill Downs Incorporated (NASDAQ: CHDN) has been creating extraordinary entertainment experiences for nearly 150 years, beginning with the company’s most iconic and enduring asset, the Kentucky Derby. Headquartered in Louisville, Kentucky, CDI has expanded through the development of live and historical racing entertainment venues, the growth of the TwinSpires horse racing online wagering business and the operation and development of regional casino gaming properties. www.churchilldownsincorporated.com

This news release contains various “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are typically identified by the use of terms such as “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “predict,” “project,” “seek,” “should,” “will,” and similar words or similar expressions (or negative versions of such words or expressions).

Although we believe that the expectations reflected in such forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct. Important factors, that could cause actual results to differ materially from expectations include the following: the occurrence of extraordinary events, such as terrorist attacks, public health threats, civil unrest, and inclement weather, including as a result of climate change; the effect of economic conditions on our consumers' confidence and discretionary spending or our access to credit, including the impact of inflation; additional or increased taxes and fees; the impact of any pandemics, epidemics, or outbreaks of infectious diseases, including the impact of any future developments related to COVID-19, and related economic matters on our results of operations, financial conditions and prospects; lack of confidence in the integrity of our core businesses or any deterioration in our reputation; loss of key or highly skilled personnel, as well as general disruptions in the general labor market; the impact of significant competition, and the expectation the competition levels will increase; changes in consumer preferences, attendance, wagering, and sponsorships; risks associated with equity investments, strategic alliances and other third-party agreements; inability to respond to rapid technological changes in a timely manner; concentration and evolution of slot machine and historical racing machine (HRM) manufacturing and other technology conditions that could impose additional costs; failure to enter into or maintain agreements with industry constituents, including horsemen and other racetracks; inability to successfully focus on market access and retail operations for our TwinSpires Sports and Casino business and effectively compete; online security risk, including cyber-security breaches, or loss or misuse of our stored information as a result of a breach including customers’ personal information could lead to government enforcement actions or other litigations; reliance on our technology services and catastrophic events and system failures disrupting our operations; inability to identify, complete, or fully realize the benefits of our proposed acquisitions, divestitures, development of new venues or the expansion of existing facilities on time, on budget, or as planned; difficulty in integrating recent or future acquisitions into our operations; cost overruns and other uncertainties associated with the development of new venues and the expansion of existing facilities; general risks related to real estate ownership and significant expenditures, including risks related to environmental liabilities; personal injury litigation related to injuries occurring at our racetracks; compliance with the Foreign Corrupt Practices Act or other similar laws and regulations, or applicable anti-money laundering regulations; payment-related risks, such as risk associated with fraudulent credit card or debit card use; work stoppages and labor problems; risks related to pending or future legal proceedings and other actions; highly regulated operations and changes in the regulatory environment could adversely affect our business; restrictions in our debt facilities limiting our flexibility to operate our business; failure to comply with the financial ratios and other covenants in our debt facilities and other indebtedness; increases to interest rates (due to inflation or otherwise), disruption in the credit markets or changes to our credit ratings may adversely affect our business; increase in our insurance costs, or inability to obtain similar insurance coverage in the future, and any inability to recover under our insurance policies for damages sustained at our properties in the event of inclement weather and casualty events; and other factors described under the heading “Risk Factors” in our most recent Annual Report on Form 10-K and in other filings we make with the Securities and Exchange Commission.

We do not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

Media Contacts

Logan Spradlin
Communications Manager
Churchill Downs Incorporated

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