churchill downs louisville

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Churchill Downs to halt nearly $1 billion project

Citing tariffs, trade disputes, Churchill Downs to halt nearly $1 billion project

The decision to delay comes just days after two Louisville Metro Council members filed legislation to finance the Skye Terrace rebuild and permanent infield seating through industrial revenue bonds. The measure is designed to helped Churchill Downs to receive up to $1.2 billion in bond proceeds to finance the now-paused project.

Bloomberg · 1h

Churchill Downs Tumbles as Tariff Angst Delays Derby Projects

Shares of Churchill Downs Inc. were pummeled Thursday after the gambling company said it would delay some longer-term projects at its namesake racetrack due to uncertainty around tariffs and their potential impact on construction costs.

The News Tribune · 22h

Churchill Downs pausing renovations due to Trump tariffs ahead of 2025 KY Derby

The racetrack had announced plans for its ‘largest expansion’ ever, with more than $1 billion in upgrades, but officials said Wednesday they were pausing them amid tariffs and market uncertainty.

Churchill Downs money could be taken away from JCPS and given to Louisville under new law

Louisville aims to extend property tax breaks for Churchill Downs another 30 years, and reallocate racetrack money from JPCS ...

WDRB1h

In a reversal, Louisville's mayor backs Churchill Downs payment that aids JCPS

Mayor Craig Greenberg says he's committed to changing a Churchill Downs funding ordinance to make it 'beneficial for everyone ...

3hon MSN

'A lot has changed.' Why Churchill Downs paused its $1 billion project ahead of Derby 2025

Kentucky Derby, Churchill Downs Inc. has announced a pause of its proposed $1 billion project. Here's what we know.

19hon MSN

'They need all the money they can get': Concerns raised over push to shift Churchill Downs payments away from school district

Currently, Churchill Downs makes payment to JCPS to simulate what the district would get if it weren't part of a tax-exempt ...

47m

Churchill Downs Stock Falls on Lower 1Q Profit, Paused Capital Projects Amid Tariff, Economic Uncertainty

Shares of Churchill Downs fell after the company reported lower profit and paused three capital projects because of uncertain construction costs amid current trade and economic conditions. The stock ...

Paulick Report1h

Kentucky Derby: Owen Almighty, Built Post Final Works Thursday To Avoid Weather

Kentucky Derby hopefuls Owen Almighty and Built turned in five-furlongs works Thursday morning over a fast track at Churchill ...

Louisville Courier-Journal on MSN6d

Hosting Travis Kelce at the Derby is just part of this Louisville marketing guru's job

The J Wagner Group works closely with organizations like Churchill Downs and Authentic Brands Group to produce Derby ...

WLKY on MSN2h

Your guide to the 151st Kentucky Derby

It's Kentucky Derby season and the countdown is on to the 151st Run for the Roses. Whether you're local or coming to ...

8hon MSN

2025 Kentucky Derby Week at Churchill Downs: Post times, ticket info and stakes schedule

Spring Meet will open Saturday and kick off a week full of racing leading to the May 3 Kentucky Derby. Opening ...

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