146th Running of the Longines Kentucky Oaks Sets Record as Fastest in History as Shedaresthedevil Claims the Lillies
September 04 2020 - 7:50PM
The 146th running of the $1.25 million Longines Kentucky Oaks
(Grade I) saw Shedaresthedevil claim the Lillies in the fastest
Kentucky Oaks race in history at 1:48.28. Shedaresthedevil crossed
the finish line first in a field of nine under sunny skies and fast
track conditions.
“Congratulations to the connections of Shedaresthedevil and
special thanks to all of the horse owners, trainers and jockeys who
enthusiastically cooperated through a number of protocol changes
this year,” said Kevin Flanery, President of Churchill Downs
Racetrack. “We were thrilled to be able to host a virtual Survivors
tribute and to continue our charitable partnership with Norton
Breast Health Center and Derby Divas.”
Shedaresthedevil, owned by Qatar Racing, Flurry Racing Stables
and Big Aut Farms and bred in Kentucky by WinStar Farm, LLC, passed
ultimate third-place finisher Gamine at the 1/8th pole and held off
a late run from runner-up Swiss Skydiver to win the Longines
Kentucky Oaks by 1 1/2 lengths at odds of 15-1 in a final time of
1:48.28, the fastest in Kentucky Oaks history. Jockey Florent
Geroux and trainer Brad Cox connected for their second Oaks
victory, having also shared victory in 2018 with today’s La
Troienne victor, Monomoy Girl. Shedaresthedevil is the daughter of
Daredevil out of Starship Warpspeed and now has lifetime earnings
of over $1.2 million.
The Kentucky Oaks Survivors Parade presented by Kroger was
celebrated virtually on Kentucky Derby social media channels with a
video montage of the 146 survivors’ powerful and uplifting stories.
The Kentucky Oaks Survivors Parade celebrates individuals who are
battling or have overcome breast or ovarian cancer. Those selected
for this year’s Survivors Parade will be given the opportunity to
march down Churchill Downs’ historic homestretch prior to the
running of the Kentucky Oaks in 2021.
The Churchill Downs Incorporated Foundation donated $50,000 to
benefit the Breast Health Program at Norton Cancer Institute and
helped raise an additional $15,000 through online donations to
ensure underserved women have access to mammograms and other key
services to help prevent, detect and treat breast cancer. Churchill
Downs has contributed over $1 million to charitable partnerships
dedicated to the early detection and prevention of breast and
ovarian cancer through its annual Kentucky Oaks “Pink Out.”
Wagering from all-sources on the full Kentucky Oaks race card
totaled $30.8 million compared to $60.2 million on the 2019
Kentucky Oaks. All-sources wagering on the Kentucky Oaks race was
$10.0 million compared to $19.4 million from last year’s Kentucky
Oaks race. The decline in handle for the Oaks race card was
primarily a result of lower field sizes, a heavy favorite in the
Oaks race, and a lack of on-track wagering.
About Churchill Downs
Incorporated
Churchill Downs Incorporated is an
industry-leading racing, online wagering and gaming entertainment
company anchored by our iconic flagship event, the Kentucky Derby.
We own and operate Derby City Gaming, a historical racing machine
facility in Louisville, Kentucky. We also own and operate the
largest online horse racing wagering platform in the U.S.,
TwinSpires.com, and we operate sports betting and iGaming through
our BetAmerica platform in multiple states. We are a leader in
brick-and-mortar casino gaming with approximately 11,000 slot
machines and video lottery terminals and 200 table games in eight
states. Additional information about CDI can be found online at
www.churchilldownsincorporated.com.
Certain statements made in this news release
contain 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,” and similar words
or similar expressions (or negative versions of such words or
expressions).
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, among others, that may affect actual results or
outcomes include the following: the impact of the novel coronavirus
(COVID-19) pandemic and related economic matters on our results of
operations, financial conditions and prospects; the effect of
economic conditions on our consumers' confidence and discretionary
spending or our access to credit; additional or increased taxes and
fees; public perceptions or lack of confidence in the integrity of
our business or any deterioration in our reputation; loss of key or
highly skilled personnel; restrictions in our debt facilities
limiting our flexibility to operate our business; general risks
related to real estate ownership, including fluctuations in market
values and environmental regulations; catastrophic events and
system failures disrupting our operations; online security risk,
including cyber-security breaches; inability to recover under our
insurance policies for damages sustained at our properties in the
event of inclement weather and casualty events; increases in
insurance costs and inability to obtain similar insurance coverage
in the future; inability to identify and complete acquisition,
expansion or divestiture projects, on time, on budget or as
planned; difficulty in integrating recent or future acquisitions
into our operations; costs and uncertainties relating to the
development of new venues and expansion of existing facilities;
risks associated with equity investments, strategic alliances and
other third-party agreements; inability to respond to rapid
technological changes in a timely manner; inadvertent infringement
of the intellectual property of others; inability to protect our
own intellectual property rights; payment-related risks, such as
risk associated with fraudulent credit card and debit card use;
compliance with the Foreign Corrupt Practices Act or applicable
money-laundering regulations; risks related to pending or future
legal proceedings and other actions; inability to negotiate
agreements with industry constituents, including horsemen and other
racetracks; work stoppages and labor issues; changes in consumer
preferences, attendance, wagering and sponsorship with respect to
Churchill Downs Racetrack and the Kentucky Derby; personal injury
litigation related to injuries occurring at our racetracks; weather
and other conditions affecting our ability to conduct live racing;
the occurrence of extraordinary events, such as terrorist attacks
and public health threats; changes in the regulatory environment of
our racing operations; increased competition in the horse racing
business; difficulty in attracting a sufficient number of horses
and trainers for full field horse races; our inability to utilize
and provide totalizator services; changes in regulatory environment
of our online horse wagering business; A reduction in the number of
people wagering on live horse races; increase in competition in our
online horse racing wagering business; uncertainty and changes in
the legal landscape relating to our online horse racing wagering
business; continued legalization of online sports betting and
iGaming in the United States and our ability to predict and
capitalize on any such legalization; inability to expand our sports
betting operations and effectively compete; failure to manage risks
associated with sports betting; failure to comply with laws
requiring us to block access to certain individuals could result in
penalties or impairment with respect to our mobile and online
wagering products; increased competition in our casino business;
changes in regulatory environment of our casino business;
concentration and evolution of slot machine manufacturing and other
technology conditions that could impose additional costs; and
inability to collect gaming receivables from the customers to whom
we extend credit.
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: Nick Zangari |
Media Contact: Tonya Abeln |
(502) 394-1157 |
(502) 386-1742 |
Nick.Zangari@kyderby.com |
Tonya.Abeln@kyderby.com |
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