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CDI to invest $300m to upgrade Churchill Downs Racetrack

4th November 2019 6:10 am GMT

New York-listed Churchill Downs Incorporated (CDI) plans to invest $300m to make improvements at its Churchill Downs Racetrack, home of the Kentucky Derby.

The company will build a new 156-room seven story hotel at the venue, alongside a historical racing machine (HRM) facility with a gaming floor featuring 900 machines, a sports bar and VIP lounge, as well as 92 track-side suites for exclusive guest experiences.

The upgrade will also see permanent outdoor [...]

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