Churchill Downs Incorporated
() is the parent company of Churchill Downs
. The company owns several other thoroughbred
became commonplace in the early 1990s the racetrack decided to expand its holdings and move into the simulcasting industry. Under the leadership of President and CEO, Thomas H. "Tom" Meeker, the racetrack began to buy and build more racetracks. In 1994, Churchill Downs began to expand its holdings with the plans to partner with a new racetrack in Indiana
. The plan resulted in the purchase of Hoosier Park
from businessman Louis Carlo.
In 1998, CDI purchased Ellis Park Racecourse
in Henderson, Kentucky
. In 1999, the company acquired Calder Race Course
and Hollywood Park Racetrack
from Hollywood Park Inc.
In 2000, CDI merged with Arlington Park
and the eight OTB's owned by Arlington. In 2004 the Churchill Downs Incorporated finalized the purchase of Fair Grounds Race Course
In April 2002, Churchill Downs Incorporated established the Green Pastures Program in partnership with the Thoroughbred Retirement Foundation
, a leading American racehorse rescue and adoption organization.
In 2005, the company announced that it was selling Hollywood Park Racetrack to the Bay Meadows
Land Company. The plan is to demolish the track if California
does not approve alternative gaming at racetracks. As part of the deal, Bay Meadows and Hollywood Park joined the Churchill Downs Simulcast Network. Another component was... Read More