CDI reports record revenue in 2023
Churchill Downs generated a record revenue throughout 2023.The company’s revenue throughout the year reached 2.5 billion dollars, representing a year-over-year increase...
CDI suspends racing at Kentucky racecourse
A recent surge in equine injuries has caused Churchill Downs to pause racing at its flagship racecourse in Kentucky.
The suspension will go into effect on the 7th of June and will last throughout the current season of the Spring Meet, which will be relocated to another thoroughbred racing venue in Kentucky, Ellis Park.
This latest announcement followed a recent surge in equine injuries at the Churchill Downs racetrack, as a result of which a dozen horses have died over the course of the previous month. Several investigations were carried out by both CDI and third parties like the Kentucky Horse Racing Commission, which found no potential causes or patterns that played a role in the recent fatalities.
The investigations found no inconsistencies or other issues with the racing venue’s surfaces, the measurements for which were found to be similar to prior ones taken over the past few years. CDI has chosen to conduct a more thorough analysis of the track to review its safety processes in conjunction with experts from all over the US.
“As we are dedicated to delivering a safe competing environment for the jockeys and their horses, the events of the past month do not match our standards and are quite unsettling. Through multiple investigations conducted by our team and various third parties, no factors were identified that could be the potential cause of the recent injuries and fatalities, which means that we need to take a deeper look to enhance our racing surfaces and safety procedures.”
remarked the Chief Executive of CDI, Bill Carstanjen.
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