Churchill Downs Incorporated to Transform the Churchill Downs Racetrack Paddock … – Press Release - CayPress

Wednesday, April 27, 2022

Churchill Downs Incorporated to Transform the Churchill Downs Racetrack Paddock … – Press Release


LOUISVILLE, Ky., April 27, 2022 (GLOBE NEWSWIRE) — Churchill Downs Incorporated (“CDI”) CHDN announced today the transformative Paddock redevelopment project (the “Paddock Project”) that will debut for the 150th running of the Kentucky Derby in May 2024. The $185 – $200 million redesign is the final phase of a previously-announced three-year capital investment plan for Churchill Downs Racetrack (“Churchill Downs”) that will provide new, unique and extraordinary guest experiences for Kentucky Derby fans.

This project will transform the existing Paddock area in a manner that will enhance the experience for nearly every guest who enters the gates of the historic racetrack. The current Paddock configuration blocks views of the Twin Spires from the entrance gate and restricts circulation from the Clubhouse to the Grandstand. The bold new design 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.

A photo accompanying this announcement is available at https://ift.tt/mzqdBo3

The new design includes 12,000 square feet of guest space compared to the existing 5,000 square feet, increasing the capacity inside the Paddock from 1,000 to 2,400 people. The redevelopment will add various club spaces that will provide exclusive, intimate and behind-the-scenes equine-focused experiences unparalleled in all of sports and entertainment. Premium club seating options will include dining tables, rail boxes, custom Chef’s tables, cocktail service, reserved racetrack viewing areas and access to private amenities along with unprecedented Paddock views.

A photo accompanying this announcement is available at https://ift.tt/EV5c0Jj

In total, the Paddock Project is expected to create 3,612 new premium…



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