From Louisville Business First, July 28, 2021

Churchill Downs Inc. unwrapped several massive multiyear projects on Wednesday that include the transformation of the storied Churchill Downs Racetrack and an expansion of Derby City Gaming — complete with a $76 million hotel.

The projects at the racetrack, two of which total $135 million, include the renovation and updating of the grandstand area adjacent to the Twin Spires along the track’s homestretch; the introduction of permanent all-inclusive stadium seats; and the redesign of the storied paddock area — all meant to “transform” key areas of Churchill Downs.

Plans include the debut of a new project each year over the next three years, culminating with the paddock redesign for the 150th running of the Kentucky Derby in 2024, according to a Churchill Downs news release. You can see renderings of the projects planned at the track in the gallery below.

“We have so much to anticipate as we look toward the 150th Kentucky Derby in 2024,” Mike Anderson, president of Churchill Downs Racetrack, said in the release. “We’ve listened to our customers’ feedback over the years and the response to those demands can be seen in these upcoming capital projects. The design of each will blend 147 years of tradition with an updated atmosphere that celebrates our storied past and ushers in a spectacular future for Churchill Downs.”  Click here to read more from Business First.