HomeEnglishBusinessChurchill Downs CEO sees strong demand despite uncertainty

Churchill Downs CEO sees strong demand despite uncertainty

Churchill Downs CEO talks about tariffs and horses

The 151st running of Kentki Derby is set on Saturday between the background of global economic uncertainty, which reduces consumer trust and tariffs, leading to an increase in construction costs.

Churchill daons The world’s most famous horse race site Louisville has stopped the capital improvement project of $ 900 million in its stored race tracks at Kentki.

CEO Bill Karstagen convicted tariffs for construction.

“We were not sure what things are being cost of. Whenever you make something, you be very careful on the cost side, because you need to return to your capital,” Carsstanjen told CNBC.

But where demand and fan enthusiasts are related, Carcontageen said that the pace of matching has been in the pace since last year. International participation in Derby has never been too much, he said, with a broadcast in the race Record 170 states,

This year also symbolizes a return for famous horse trainer Bob Befart, after winning the Derby in 2021 after a three -year suspension from Churchill Downs Properties, but failed in a drug test.

This year, the horse of Befurt is Rodriguez (12–1) and Kishore Champion, Citizen Bull.

It is a new chapter for a two-time triple crown-winning trainer and for CRRCHAL Downs CEO, who oversees the temporary exile of Bifart.

“Bob earned his way at the event. He earned his way in the race,” Karstanjen told CNBC. “He is welcome back. This is America. Everyone gets another chance.”

CNBC Sport: Churchill Downs and 'Instagram-worthy' on its return in the race

Source link

RELATED ARTICLES
- Advertisment -

Most Popular