Churchill Downs and Keeneland have announced a partnership that proposes constructing two new racetracks in southern Kentucky.
The tracks say in a joint statement that one proposed track would be located in Corbin and the other in Oak Grove. Both would have live races and historical racing machines.
The proposal is contingent on the Kentucky Horse Racing Commission granting a pari-mutuel racing license at each site. The tracks said they were filing applications on Friday with the commission.
Churchill Downs Chief Executive Officer Bill Carstanjen says the proposed facilities would improve Kentucky’s $4 billion horse racing industry by generating much-needed funds to increase purses and breeders’ incentives.
Churchill Downs and Keeneland said they are working with state officials to get incentives and necessary infrastructure improvements for the proposed tracks.