Churchill Downs Incorporated

[laughs]

All right, so Mike Repole is in the news this week or last week, and he went out and bought one million shares of stock in Churchill Downs Incorporated.

That cost Mike Repole $80 million to do so.

Uh, he now owns 1.43% of a company that's worth is $5.5 billion.

Look at how many horses come around from the world to run there.

Frank Stronach ran horses at Santa Anita, ran horses at Gulfstream Park when he owned both facilities, right? I mean, you see that all the time in horse racing.

So I'm not sure now that I think about it that Mike Repole owning 1.5% of Churchill Downs Incorporated is anything near the kind of conflicts of interest that we've seen in the past in the sport.

Good points there, Randy.

Paddock Prince David Levitch handicaps the Breeders' Futurity and the Champagne and Pilgrim Stakes at Belmont.

And we'll have feedback about last week's interview with Churchill Downs Incorporated CEO Bill Carstangen.

You heard from Keith Nelson at Fairmount Park, from his lavish home in Kansas City.

And our guest co-host, keeping us honest, in California, where the American Pharaoh Stakes has four Bafferts and two others.

They join Keith and me these next two weeks on this here podcast, and that's my way of telling you we have evergreens coming.

Get ready for a lot of those this winter.

A lot of feedback from last week's interview with Churchill Downs Incorporated CEO Bill Carstangen.

He said his company's been ahead of the curve in putting limits on computer players.

The team announced in September 2021 that it had signed a purchase agreement for 326 acres of land in Arlington Heights.

The $197 million deal with Churchill Downs Inc. was finalized in 2023.

In September 2022, the team unveiled a nearly $5 billion plan for Arlington Heights that called for an enclosed stadium that could host Super Bowls and Final Fours.

The conceptual illustrations also provided for a year-round entertainment district with restaurants and shopping.

But most of this podcast is going to be taken up by an exclusive interview I did Wednesday.

with Churchill Downs Incorporated CEO Bill Carstanjen.

We're going to get into the Triple Crown remapping.

We're going to get into HISA and all the sturm und drang that's going on between Churchill and HISA right now.

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this is the ron flatter racing pod via horse racing nation sponsored by first bet

Bill Carstanjen, the CEO of Churchill Downs Incorporated, kind enough to take some time in his office.

I was expecting to be there, Bill, but if I sound a little raspy and throaty, it's because I came back from New York with a cold or flu or something, and I saw Gary Palmisano from your staff at Belmont Park.