LOUISVILLE, Ky. — In a major announcement Wednesday, Churchill Downs Inc. (CDI) revealed plans for a monumental renovation of its iconic racetrack, marking the largest transformation in the facility’s 150-year history. The project, expected to cost as much as $920 million, will overhaul both the grandstand and infield areas, bringing a new era of luxury and modernization to the historic site.
The extensive upgrades are set to unfold between 2026 and 2028, with portions of the renovations slated to be completed in time for the 152nd Kentucky Derby in May 2026. However, the full scope of the project will not be finalized until the 154th Kentucky Derby in May 2028, according to CDI.
“We are committed to offering our guests an unparalleled experience, one that blends the rich tradition of the Kentucky Derby with cutting-edge hospitality and premium seating options,” said Bill Carstanjen, CEO of CDI, in a statement. “This ambitious investment reflects our dedication to ensuring Churchill Downs remains a world-class destination for decades to come, while also delivering substantial long-term value for our shareholders.”
The scope of the renovation includes significant infrastructure improvements aimed at enhancing guest experiences and increasing capacity. The project is expected to introduce state-of-the-art amenities and modernized facilities, ensuring that the famed racetrack can continue to host thousands of guests in style.
As the centerpiece of horse racing’s most prestigious event, Churchill Downs has long been synonymous with tradition. The Kentucky Derby, first run in 1875, has become an annual spectacle drawing celebrities, dignitaries, and racing fans from around the world. These renovations are seen as essential to maintaining the venue’s status as a premier destination for both racing and entertainment.
While some upgrades will be ready for the 2026 Derby, including new seating and enhanced guest services, the entire project’s completion by 2028 will coincide with a significant milestone in the history of the Kentucky Derby. With the 154th edition marking the event’s centennial celebrations, these renovations could prove pivotal in ushering in the next 100 years of tradition, innovation, and excitement at Churchill Downs.
For CDI, this massive investment represents more than just a physical transformation; it signals a broader strategy to enhance the Derby experience while meeting the evolving demands of its audience. The company is focused on combining its storied past with a future that prioritizes modernity, luxury, and guest satisfaction.
As the countdown to the 2026 Derby begins, the world will be watching closely to see how Churchill Downs shapes its next chapter, blending the nostalgia of the past with the promise of a vibrant future.
