CDI Details $300 Million Investment for Churchill Downs Racetrack

The new structure will offer a range of premium hospitality experiences at Churchill Downs by 2028.

CDI Details $300 Million Investment for Churchill Downs Racetrack

Churchill Downs Incorporated (CDI) has announced details of a new growth project at its Churchill Downs Racetrack, with plans to invest up to $300 million in the venue.

“Victory Run” will see a new structure built on the first turn of the racetrack in Louisville, Kentucky. This will be between the First Turn Club and the Skye Terrace, replacing ground-level box seats and dated dining areas.

The new, four-story structure will offer a range of premium hospitality experiences. It will feature seating for approximately 7,800 guests, including private suites and indoor and outdoor dining.

Guests will also have access to a view of the racetrack’s finish line.

New Churchill Downs Area to Open in 2028

CDI said it plans to begin work on the new structure following the 2026 Kentucky Derby. It hopes to complete the project in time for the 2028 edition of the iconic race.

The operator added that it will offer an interim upgraded seating experience in this area with temporary seating and enhanced amenities for the 2027 Kentucky Derby.

The project is subject to approval from various parties. These include the city of Louisville and state agencies such as the Kentucky Cabinet for Economic Development.

“We are excited to unveil the Victory Run project for Churchill Downs Racetrack,” CDI CEO Bill Carstanjen said. “This project will create a greatly improved experience for our guests in an important section of our racetrack while delivering long-term growth and value for our shareholders.”

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