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Kentucky Downs: Three Million-Dollar Races Top 2021’s $10 Million Stakes Schedule

For the first time in its 31-year history, Kentucky Downs is offering three $1 million races during its six-date 2021 meet. Added to the track's signature Grade 2 Calumet Turf Cup, whose purse was first raised to seven figures in 2019, Kentucky Downs' $1 million trio also will feature the Grade 3 Turf Sprint and Grade 3 WinStar Mint Million.

Kentucky Downs will stage 16 stakes worth a track-record total of $10 million, including $4.85 million in purse supplements for registered Kentucky-bred horses. The all-grass meet runs Sept. 5, 6, 8, 9, 11 and 12 over Kentucky Downs' undulating, kidney-shaped 1 5/16-mile race course.

The WinStar Mint Million, formerly the Tourist Mile, presently stands as the United States' second-richest eight-furlong grass stakes behind only the $2 million Breeders' Cup Mile (G1). The race was worth $750,000 last year, while the six-furlong Turf Sprint was $700,000.

Kentucky Downs for the first time has a pair of Grade 2 stakes in the Calumet Turf Cup for older horses at 1 1/2 miles and the Franklin-Simpson for 3-year-old sprinters, now worth $600,000.

“Purses are the economic engine of the racing industry, and Kentucky Downs is proud to be a leader helping Kentucky stamp itself as the premier racing circuit in America,” said Ron Winchell, Kentucky Downs' co-owner and managing partner with Marc Falcone. “We're only six days, but winning one of our stakes – or even one of our overnight races – can make the entire year for an owner. Many horsemen tell us that money they earn at our meet gets promptly reinvested in the industry the next week at Keeneland's September Yearling sale. Such investment impacts countless small businesses that are part of Kentucky's equine agribusiness.”

A total of nine Kentucky Downs stakes received purse hikes. That includes the Ladies Turf (Grade 3) jumping from $500,000 to $750,000. Each of Kentucky Downs' six graded stakes is worth at least $600,000, with the Grade 3 Ladies Sprint joining the Franklin-Simpson in getting $100,000 increases to reach $600,000. The Music City for 3-year-old fillies and Untapable for 2-year-old fillies, worth $400,000 in their inaugural runnings last year, now enjoy $500,000 purses.

The Kentucky Downs' stakes purses reflect contributions of up to 50 percent from the Kentucky Thoroughbred Development Fund (KTDF) for horses born in and sired by stallions in the Commonwealth. That includes the vast majority of the horses racing in Kentucky and easily the largest group running in America. The 2021 meet's Kentucky-bred stakes supplements were approved Tuesday by the Kentucky Horse Racing Commission's KTDF Advisory Committee.

“The KTDF Advisory Committee aspires to be good stewards of the funds entrusted to their approval and direction,” said Bill Landes, the long-time chair of the KTDF committee and general manager of Oldham County's Hermitage Farm. “As such we applaud Kentucky Downs proposed KTDF supplement to their 2021 stakes, allowance and maiden race program. Their program enhances the value of Kentucky-bred racehorses not only at the Kentucky Downs meet but also enhances the value of Kentucky-bred yearlings that will sell in central Kentucky following their meet.”

Horses that aren't registered Kentucky-breds still can compete in some of the most lucrative stakes in North America and beyond. For instance, the $1 million races each reflect a base purse of $550,000 for which all horses run.

The increases were possible because the Kentucky General Assembly in February passed legislation that for the first time defined pari-mutuel wagering, including Historical Horse Racing's innovative technology that allows guests to bet on previously run races in an electronic game format.

“We can't thank the Kentucky Legislature enough,” Falcone said. “We are able to offer among the highest purses in the world because they understood the importance of Historical Horse Racing and passed legislation that ensures a bright future for live horse racing and the Commonwealth's signature industry. The lawmakers' leadership and members of both parties in both chambers saw the big picture and how higher purses lead to a lot of good things happening. That includes increased jobs, economic development, enhanced tourism opportunities and more dollars to the General Fund that ultimately benefit all Kentuckians.”

The lowest stakes purse Kentucky Downs will have is $400,000 each for the Tapit Stakes and the One Dreamer for fillies and mares, both restricted for horses that have not previously won a stakes in 2021. Those races received $100,000 increases.

The condition book for Kentucky Downs' 2021 meet will be available later this month.

Kentucky Downs 2021 stakes schedule

(all stakes include KTDF* purse supplements)
All races on turf

Sunday, Sept. 5 — $500,000 Dueling Grounds Oaks, 3-year-old fillies, 1 5/16 miles; $750,000 Gun Runner Dueling Grounds Derby, 3-year-olds, 1 5/16 miles.

Monday, Sept. 6 — $500,000 Juvenile Fillies, 2-year-old fillies, mile; $500,000 Juvenile, 2-year-olds, mile; $1 million WinStar Farm Mint Million Mile (G3), 3-year-olds & up, mile.

Wednesday, Sept. 8 — $400,000 Tapit Stakes, 3-year-olds & up non-winners of a stakes in 2021, mile and 70 yards.

Thursday, Sept. 9 — $500,000 Juvenile Sprint, 2-year-olds, 6 1/2 furlongs; $400,000 One Dreamer, fillies & mares 3 years old & up non-winners of a stakes in 2021, mile and 70 yards.

Saturday, Sept. 11 — $1 million Calumet Turf Cup (G2), 3-year-olds & up, 1 1/2 miles; $600,000 Franklin-Simpson (G2), 3-year-olds, 6 1/2 furlongs; $600,000 Ladies Sprint (G3), fillies & mares 3yo & up, 6 1/2 furlongs; $750,000 Ladies Turf (G3), fillies & mares 3 years old & up, mile; $1 million Turf Sprint (G3), 3-year-olds & up, 6 furlongs.

Sunday, Sept. 12 — $500,000 Music City Stakes, 3-year-old fillies, 6 1/2 furlongs; $500,000 Ladies Marathon, fillies & mares 3 years old & up, 1 5/16 miles; $500,000 Untapable Stakes, 2-year-old fillies, 6 1/2 furlongs.

*Kentucky Thoroughbred Development Fund

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Three $1-Million Races Head Record Kentucky Downs Stakes Schedule

For the first time in its 31-year history, Kentucky Downs is offering three $1-million races during its six-date 2021 meet. Added to the track's GII Calumet Turf Cup, Kentucky Downs' $1-million trio also will feature the GIII Turf Sprint and GIII WinStar Mint Million.

“Purses are the economic engine of the racing industry, and Kentucky Downs is proud to be a leader helping Kentucky stamp itself as the premier racing circuit in America,” said Ron Winchell, Kentucky Downs' co-owner and managing partner with Marc Falcone. “We're only six days, but winning one of our stakes–or even one of our overnight races–can make the entire year for an owner. Many horsemen tell us that money they earn at our meet gets promptly reinvested in the industry the next week at Keeneland's September Yearling sale. Such investment impacts countless small businesses that are part of Kentucky's equine agribusiness.”

A total of nine Kentucky Downs stakes received purse hikes. That includes the GIII Ladies Turf jumping from $500,000 to $750,000. The Music City for 3-year-old fillies and Untapable for 2-year-old fillies, worth $400,000 in their inaugural runnings last year, now enjoy $500,000 purses.

The Kentucky Downs' stakes purses reflect contributions of up to 50% from the Kentucky Thoroughbred Development Fund (KTDF) for horses born in and sired by stallions in the Commonwealth. The 2021 meet's Kentucky-bred stakes supplements were approved Tuesday by the Kentucky Horse Racing Commission's KTDF Advisory Committee.

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Slight Delay in HHR Bill’s Signage; ‘Extension Facility’ Greenlighted for Kentucky Downs

Kentucky Governor Andy Beshear on Tuesday reaffirmed his vow to sign the historical horse race (HHR) gaming bill that passed both chambers of the state legislature last week, but he explained that a decision by the Senate to adjourn through this week means that the HHR-enabling measure won't become law until the end of the month at the earliest.

Beshear's remarks came via videoconference at the start of the Feb. 16 KHRC meeting. After the governor spoke, commissioners unanimously voted in a series of “emergency” measures contingent on the bill getting signed into law that are designed to keep HHR churning in the interim so the revenue that helps to pay for purses in the state continues to accrue.

The KHRC on Tuesday also gave the preliminary go-ahead for Kentucky Downs to begin the process of planning to open an “extension facility” that will operate HHR gaming and simulcasting, similar to the satellite location that opened 12 miles from Turfway Park under that track's licensure late in 2020.

State regulations allow each licensed racing association to operate an extension betting facility that's located within a 60-mile radius of its track.

Beshear and KHRC chairman Jonathan Rabinowitz spent the opening part of Tuesday's meeting lauding racing industry participants and regulators and thanking long lists of politicians for working toward the passage of SB 120. But it was not until the close of his seven minutes of remarks that Beshear dropped the only newsworthy nugget of his speech.

“It was unfortunate on Thursday that the Senate went ahead and recessed, which meant when [SB 120] passed the House, they couldn't enroll it and send it to my desk,” Beshear said. “They can't do that until they come back into session. With the news [Tuesday] that they're not coming back this week, it looks like it's going to be all the way into next week.

“That's regrettable,” Beshear continued. “I was certainly here in the [capitol] building Thursday night, and I know it's something that we would have all liked to have [had signed into law]. But, we did get the bill through, and my commitment—I'll make it today publicly—I will sign that bill as fast as it reaches my desk.”

The most telling comment from Rabinowitz underscored that in exchange for the legislature's redefining of “pari-mutuel wagering” so it now includes HHR, the tracks will now be under political pressure to cooperate on pending legislation that will raise Kentucky's taxes on HHR.

“I assured the legislators that this commission is committed to holding the [tracks] to their commitment to work constructively to revise and raise the tax structure of HHR,” Rabinowitz said. “Knowing the leaders that made those commitments, there's no doubt in my mind that the [tracks] will fulfill those promises.”

Prior to the unanimous voice vote that ratified the KHRC's conditional approval of the Kentucky Downs request to expand its licensed premises so it can include a to-be-built extension facility, it was revealed that no location for the HHR/simulcast business has been publicly disclosed, and that no firm timetable has been established for its opening.

Marc Guilfoil, the KHRC's executive director, told commissioners that “My understanding is that they've got it down to two, maybe three [locations as of] a month ago. They did not want to disclose those because of competition.”

Guilfoil added that “I think a timeline is very close to being started now that we got SB 120 passed.”

Jennifer Wolsing, the general counsel for the KHRC, said the Kentucky Downs request
came to the commission back on Dec. 4, and she noted that the new facility will not be within a 60-mile radius of another track or 40 miles from an existing simulcast facility.

Beyond the HHR business that made up the bulk of Tuesday's agenda, the KHRC unanimously approved a live racing request by Keeneland Race Course to drop Thursday, April 1, from its upcoming spring meet. This move allows the track to revert to a traditional Friday opening day; the request had the approval of recognized Kentucky horsemen's groups.

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Decision to Close HHR has brought Urgency to the Forefront

Two days after Keeneland Association and Red Mile announced they would be shutting their joint historical horse racing (HHR) venture at the Lexington harness racino while imploring the Kentucky legislature to provide “more clarity” regarding the disputed legal status of HHR, Vince Gabbert, Keeneland's vice president and chief operating officer, was called upon during the Jan. 26 Kentucky Thoroughbred Development Fund (KTDF) teleconference to explain why that decision was made in the absence of any formal order from state officials to cease HHR, which is ongoing at other licensed locations despite an apparent dead-end to the case in the courts.

“We did, as you can imagine, some significant research and going back and forth to ensure that we were making the right decision as it relates to our joint entities between us and Red Mile,” Gabbard said. “I will tell you that we feel like we took a very conservative approach.

“But I think in every way possible we've seen the measures that we took over the weekend have helped bring the urgency even more to the forefront than what we had so that the legislature understands the impact that not only racing, but HHR has on the economy in the commonwealth,” Gabbert continued. “And hopefully, we will see a legislative remedy in the next couple of weeks.”

The KTDF, which is funded by three-quarters of 1% of all money wagered on both live Thoroughbred races and HHR gaming, plus 2% of all money wagered on Thoroughbred races via inter-track wagering and whole-card simulcasting, has had a rough go of trying to supplement purses at Kentucky's five Thoroughbred racetracks over the past year.

The COVID-19 pandemic first wreaked havoc with Kentucky's ability to generate purses derived from gaming revenue last March, and the effects are still causing major ripples because of spectator-free race meets and capacity limitations at gaming facilities.

Then last week, on Jan. 21, the Kentucky Supreme Court denied a petition for rehearing its 7-0 Sept. 24 judgment that told a lower court to re-examine the legality of historical horse race (HHR) gaming in the commonwealth.

Although the Supreme Court case only involves HHR machines made by Exacta Systems, whose machines are approved for use at Red Mile, Kentucky Downs and Ellis Park, the gaming systems operate in broadly the same manner throughout Kentucky, meaning that a precedent established for one version is likely to affect all forms of HHR gaming.

The racing industry's urgent focus is now on Kentucky lawmakers to legalize HHR, but roadblocks loom in the form of conservative resistance to the expansion of gambling in the state and the fact that the legislature only meets for 30 days in odd-numbered years, with the 2021 session scheduled to end Mar. 30.

The articulation of Keeneland's position and the political leverage it could possibly generate came several hours after a dire Tuesday morning announcement by Ellis Park that its racino could go out of business without the legalization of HHR.

“Without the revenue associated with HHR, there is no realistic path forward for Ellis Park,” Ellis general manager Jeffery Inman said in a statement released to Kentucky's Eyewitness News. “Were we to rely only on racing and simulcast revenue, we could not even keep this 99-year-old facility maintained, let alone provide the financial investment necessary to prepare for and conduct a world-class live race meet. Without HHR support, purses would drop dramatically, resulting in a greatly diminished live racing product. In short, the loss of HHR revenue at Ellis Park would likely threaten the very survival of one of Kentucky's iconic racing venues.”

It's also been nearly four months now since Churchill Downs Inc., (CDI), the gaming corporation that owns the tracks and HHR licenses associated with Churchill Downs Racetrack and Turfway Park, has already halted reconstruction on its demolished Turfway grandstand, vowing not to continue the planned rebuild until HHR's legality gets sorted out.

As Bill Landes III, the chairman of the KTDF advisory committee, glumly put it during Tuesday's meeting, “As if we all don't know, we could use some remediation of HHR.”

But outside of writing letters seeking help to elected and appointed officials in Kentucky (which the KTDF board voted unanimously to do), there were no other concrete ideas proposed to put HHR back on firmer legal footing.

KTDF board member J. David Richardson suggested emphasizing in those letters that “our perspective is a bit unique in that we actually delve into what [HHR revenue] means to Kentucky racing, probably more deeply than virtually any group, I think.”

Richardson said it was important “to let people know that the stewardship of these monies are very closely monitored by this committee and by our staff and are really appropriately used.

“This isn't 'funny money,'” Richardson summed up. “I think it's important to reiterate every now and then how closely we follow every dime.”

To that end, the KTDF voted unanimously to forward approval recommendations to the Kentucky Horse Racing Commission for $2,061,900 in KTDF funds for Keeneland's spring meet and a range of $4.3 to $4.9 million for the Churchill Downs meet that spans April-June.

Gabbert said that Keeneland's “goal, from an overall purse standpoint, would be to be on par with where we were in spring of 2019.” He did not cite specific dollar amounts.

Ben Huffman, who serves in the dual capacities of racing secretary at Keeneland and the director of racing at Churchill, said that for Keeneland, “I'm kind of putting on the finishing touches of the condition book; actually may go to the printer with it in about 10 days or so. But the maiden special weights will be $79,000. And the 'non-winners of two' allowance race will be $81,000 at Keeneland this spring.”

As for Churchill's levels, Huffman said, “we haven't even met here collectively about spring purses yet,” but that he expects those figures to be available by mid-February.

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