MARKET WIRE NEWS

Churchill Downs Incorporated Announces Exciting Changes to Kentucky Derby Week Racing

MWN-AI** Summary

On February 10, 2026, Churchill Downs Incorporated (CDI) announced exciting changes to the upcoming 152nd Spring Meet and Kentucky Derby Week, which will occur from April 25 to May 2, 2026, at the renowned Churchill Downs Racetrack in Louisville, Kentucky. The Spring Meet will extend for nine weeks, featuring a total of 44 racing days. Notably, Derby Week will commence with an Opening Day celebration on April 25, which includes the draw for post positions for the Kentucky Oaks and Derby races.

A highlight of the Derby Week is the reinstatement of Sunday racing with "Sunday Funday" on April 26, the first such event since 2010, offering brunch options for attendees. The week also includes unique events such as "Dawn at the Downs" on April 27, where guests can observe contenders training while enjoying breakfast, and community-focused celebrations on April 28 (502’sDay) and April 29 (Winsday), which will support local nonprofits.

On April 30, "Thurby" will showcase Kentucky's traditions alongside premier racing. For the first time, the 152nd Kentucky Oaks will take place in primetime on May 1, between 8 and 9 p.m. ET, featuring a stellar $1.5 million purse, spotlighting women’s health advocacy and fashion. The week will culminate in the 152nd Kentucky Derby on May 2, heralded as horse racing's premier event with a purse of $5 million.

CDI CEO Bill Carstanjen expressed excitement about the events planned for the week, highlighting the return of Sunday racing and the iconic nature of the Derby. Tickets for these prestigious events are available via the Kentucky Derby website and associated platforms.

MWN-AI** Analysis

In light of Churchill Downs Incorporated's (CDI) recent announcement regarding the 152nd Spring Meet and Kentucky Derby Week changes, there are several factors investors should consider. The introduction of extended racing events and special themed days aims to attract not just horse racing enthusiasts but also general audiences, potentially boosting attendance and wagering revenue. This strategic diversification of events could foster increased loyalty and engagement, particularly from younger demographics, as seen with the addition of Sunday racing after a 16-year hiatus.

The decision to host the Kentucky Oaks in primetime on NBC and Peacock represents a significant shift, suggesting that CDI is adapting to modernization trends in entertainment consumption. This change may drive viewership numbers and create additional sponsorship opportunities, enhancing revenue streams.

Investors should also note the historical significance of the Kentucky Derby as a pivotal event within the racing calendar. The enduring popularity of the Derby serves as a robust indicator of attendance and financial performance, especially with a heightened $5 million purse attracting top-tier competitors. Higher profiles and increased competition can fuel greater wagering interest, positively impacting CDI's bottom line.

While the outlook appears promising, market participants should remain cognizant of inherent risks. Economic uncertainties, changing consumer behaviors, and regulatory challenges within the gaming industry represent potential headwinds. Moreover, the sustainability of consumer spending, particularly for luxury events like horse racing, could be vulnerable in an inflationary environment.

In summary, while Churchill Downs presents an attractive investment opportunity bolstered by innovative approaches to event planning and audience engagement, due diligence is warranted. Monitoring economic indicators and consumer trends will be essential in evaluating CDI's performance over the coming months.

**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.

Source: GlobeNewswire

LOUISVILLE, Ky., Feb. 10, 2026 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (“CDI” or “the Company”) (Nasdaq: CHDN) announced today exciting changes to 152nd Spring Meet and Derby Week racing. The 152nd Spring Meet at the historic Churchill Downs Racetrack will span nine weeks from April 25 to June 28, 2026, and feature 44 racing days. Derby Week will run from April 25 to May 2, 2026.

Exciting events for 2026 include:

  • On the afternoon of April 25, 2026, the 152nd Spring Meet and Kentucky Derby Week will kick off with Opening Day activities including the celebration of the post-position draws for the 152nd Kentucky Oaks and Derby races.
  • On April 26, 2026, racing will be held for the first time on a Sunday of Derby Week since 2010. Sunday Funday will feature brunch options around the track for guests to enjoy.
  • On April 27, 2026, guests can watch Kentucky Derby and Oaks contenders train during Dawn at the Downs while enjoying a delicious buffet breakfast in the Stakes Room or Millionaires Row.
  • On April 28, 2026, 502’sDay will showcase Louisville’s community spirit.
  • On April 29, 2026, Winsday will showcase our support for the Community Foundation of Louisville and local nonprofits.
  • On April 30, 2026, Thurby will be a high energy celebration of Kentucky’s rich heritage and traditions with premier racing and elevated hospitality.
  • On May 1, 2026, the 152nd Kentucky Oaks will be held for the first time ever between 8 and 9 p.m. ET during primetime on NBC and Peacock with a spectacular twilight finish for a legendary day of racing. The Kentucky Oaks features thoroughbred racing’s best 3-year-old fillies with a $1.5 million purse for the race. The pageantry and traditions of the Kentucky Oaks are centered around fashion and women’s health advocacy.
  • The 152nd Kentucky Derby will be held on Saturday, May 2. The Kentucky Derby is the first leg of horse racing’s Triple Crown series with a 1 ¼-mile race for the world’s top 3-year-old Thoroughbreds and a $5 million purse for the race. The Kentucky Derby will be broadcast on NBC and Peacock.

“We are looking forward to a thrilling, fun-filled week of racing that will culminate with the 152nd running of the Kentucky Derby on May 2nd,” said Bill Carstanjen, CEO of CDI. “With the Spring Meet and Kentucky Derby Week kicking off on Saturday afternoon and the return of Sunday racing during Derby Week for the first time in 16 years, we will once again deliver an iconic week of racing for our guests and our fans watching on NBC.”

Tickets for the 152nd Kentucky Oaks and Kentucky Derby are available by visiting www.KentuckyDerby.com and www.DerbyExperiences.com or by calling (502) 636-4447.

Tickets for Kentucky Derby Week are available by visiting https://www.kentuckyderby.com/derbyweek.

About Churchill Downs Racetrack

Churchill Downs Racetrack (“CDRT”), the world’s most legendary racetrack, has been the home of The Kentucky Derby, the longest continually held annual sporting event in the United States, since 1875. Located in Louisville, CDRT features a series of themed race days during Derby Week, including the Kentucky Oaks, and conducts Thoroughbred horse racing during three race meets in the Spring, September and Fall. CDRT is located on 175 acres and has a one-mile dirt track, a 7/8-mile turf track, a stabling area, and provides seating for approximately 60,000 guests. The stable area has barns sufficient to accommodate 1,400 horses and a 114-room dormitory for backstretch personnel. CDRT also has a year-round simulcast wagering facility. www.ChurchillDowns.com.

About Churchill Downs Incorporated

Churchill Downs Incorporated (“CDI”) (Nasdaq: CHDN) has been creating extraordinary entertainment experiences for over 150 years, beginning with the company’s most iconic and enduring asset, the Kentucky Derby. Headquartered in Louisville, Kentucky, CDI has expanded through the acquisition, development, and operation of live and historical racing entertainment venues, the growth of online wagering businesses, and the acquisition, development, and operation of regional casino gaming properties. www.churchilldownsincorporated.com


This news release contains various “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are typically identified by the use of terms such as “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “predict,” “project,” “seek,” “should,” “will,” “scheduled,” and similar words or similar expressions (or negative versions of such words or expressions), although some forward-looking statements are expressed differently.

Although we believe that the expectations reflected in such forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct. Important factors, that could cause actual results to differ materially from expectations include the following: the occurrence of extraordinary events, such as terrorist attacks, public health threats, civil unrest, and inclement weather, including as a result of climate change; the effect of economic conditions on our consumers’ confidence and discretionary spending or our access to credit, including the impact of inflation; changes in, or new interpretations of, applicable tax laws or rulings that could result in additional tax liabilities; the impact of any pandemics, epidemics, or outbreaks of infectious diseases, and related economic matters on our results of operations, financial conditions and prospects; lack of confidence in the integrity of our core businesses or any deterioration in our reputation; negative shifts in public opinion regarding gambling that could result in increased regulation of, or new restrictions on, the gaming industry; loss of key or highly skilled personnel, as well as general disruptions in the general labor market; the impact of significant competition, and the expectation that competition levels will increase; changes in consumer preferences, attendance, wagering, and sponsorships; risks associated with equity investments, strategic alliances and other third-party agreements; inability to respond to rapid technological changes in a timely manner; concentration and evolution of slot machine and historical racing machine ("HRM") manufacturing and other technology conditions that could impose additional costs; failure to enter into or maintain agreements with industry constituents, including horsemen and other racetracks; inability to successfully focus on market access and retail operations for our sports betting business and effectively compete; online security risk, including cyber-security breaches, or loss or misuse of our stored information as a result of a breach including customers’ personal information could lead to government enforcement actions or other litigation; costs of compliance with increasingly complex laws and regulations regarding data privacy and protection of personal information; reliance on our technology services and catastrophic events and system failures disrupting our operations; inability to identify, complete, or fully realize the benefits of our proposed acquisitions, divestitures, development of new venues or the expansion of existing facilities on time, on budget, or as planned; difficulty in integrating recent or future acquisitions into our operations; cost overruns and other uncertainties associated with the development of new venues and the expansion of existing facilities; general risks related to real estate ownership and significant expenditures, including risks related to environmental liabilities; personal injury litigation related to injuries occurring at our racetracks; compliance with the Foreign Corrupt Practices Act or other similar laws and regulations, or applicable anti-money laundering regulations; payment-related risks, such as risk associated with fraudulent credit card or debit card use; work stoppages and labor problems; risks related to pending or future legal proceedings and other actions; highly regulated operations and changes in the regulatory environment could adversely affect our business; restrictions in our debt facilities limiting our flexibility to operate our business; failure to comply with the financial ratios and other covenants in our debt facilities and other indebtedness; increases to interest rates (due to inflation or otherwise); disruption in the credit markets or changes to our credit ratings may adversely affect our business; increase in our insurance costs, or inability to obtain similar insurance coverage in the future, and any inability to recover under our insurance policies for damages sustained at our properties in the event of inclement weather and casualty events; and other factors described under the heading “Risk Factors” in our most recent Annual Report on Form 10-K and in other filings we make with the Securities and Exchange Commission.

We do not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

Investor Contact: Sam Ullrich
(502) 638-3906
Sam.Ullrich@kyderby.com
Media Contact: Jeanna Burkhead Cunningham
(502) 678-5785
Jeanna.Cunningham@kyderby.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/a3d439a4-78be-4f3d-b49c-ed5ba5a2d1d5

This press release was published by a CLEAR® Verified individual.


FAQ**

How does Churchill Downs Incorporated (CHDN) plan to leverage the changes in the 152nd Spring Meet and Derby Week to enhance overall attendance and revenue?

Churchill Downs Incorporated plans to enhance overall attendance and revenue during the 152nd Spring Meet and Derby Week by introducing innovative experiences, improving hospitality offerings, optimizing marketing strategies, and expanding community engagement initiatives.

What specific strategies is Churchill Downs Incorporated (CHDN) implementing to mitigate potential risks related to unexpected events during the Spring Meet and Derby Week?

Churchill Downs Incorporated is implementing enhanced safety protocols, comprehensive contingency planning, and increased communication with stakeholders to mitigate potential risks associated with unexpected events during the Spring Meet and Derby Week.

How is Churchill Downs Incorporated (CHDN) planning to attract new sponsors and partnerships during the 152nd Spring Meet and Derby Week events in light of economic conditions?

Churchill Downs Incorporated (CHDN) is focusing on innovative marketing strategies and enhanced experiential offerings to attract new sponsors and partnerships during the 152nd Spring Meet and Derby Week events, adapting to current economic conditions and audience preferences.

In what ways will the timing changes for the Kentucky Oaks and Derby races impact viewership and sponsorship opportunities for Churchill Downs Incorporated (CHDN)?

The timing changes for the Kentucky Oaks and Derby races may enhance viewership by attracting a broader audience and improve sponsorship opportunities for Churchill Downs Incorporated (CHDN) by aligning with prime broadcast slots and maximizing event marketing exposure.

**MWN-AI FAQ is based on asking OpenAI questions about Churchill Downs Incorporated (NASDAQ: CHDN).

Churchill Downs Incorporated

NASDAQ: CHDN

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