
- Churchill Downs has paused a $900 million capital improvement project due to global uncertainty.
- CEO Bill Carstanjen said this year's Kentucky Derby on Saturday is on pace to match last year's in terms of demand.
- Famed horse trainer Bob Baffert returns to the Kentucky Derby after a three-year ban.
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The 151st running of the Kentucky Derby is set for Saturday amid a backdrop of global economic uncertainty, waning consumer confidence and tariffs that could cause construction costs to rise.
has paused a $900 million capital improvement project at its storied race track in Louisville, Kentucky, the site of the world's most famous horse race.
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CEO Bill Carstanjen blamed tariffs for putting construction on hold.
"We weren't sure what things were going to cost. Whenever you build something, you got to be very careful on the cost side because you need to get a return on your capital," Carstanjen told C온라인카지노사이트.
But where demand and fan enthusiasm is concerned, Carstanjen said it is on pace to match that of last year. International participation at the Derby has never been higher, he said, with the race set to be broadcast in a .
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This year also marks a return for famed horse trainer Bob Baffert, following a three-year-suspension from Churchill Downs properties after his horse Medina Spirit won the Derby in 2021 but failed a drug test.
This year, Baffert's horse is Citizen Bull. Rodriguez, Baffert's other horse that was slated to run, was scratched late Thursday due to a foot bruise.
It is a new chapter for the two-time Triple Crown-winning trainer and for the Churchill Downs CEO, who oversaw Baffert's temporary banishment.
"Bob earned his way into this event. He earned his way into this race," Carstanjen told C온라인카지노사이트. "He's welcomed back. This is America. Everybody gets second chances."