Churchill Downs CEO sees strong demand despite uncertainty
From CNBC: 2025-05-02 06:59:00
The 151st Kentucky Derby will take place amid global economic uncertainty and tariffs affecting construction costs. Churchill Downs paused a $900 million project due to tariff-related cost concerns, but demand and fan enthusiasm remain high. Famed trainer Bob Baffert returns after a suspension, with horses Rodriguez and Citizen Bull competing in the race. CEO Carstanjen welcomes Baffert back, citing second chances in America.
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