Churchill Downs Shows Interest in Louisiana Track
14 Jan 2004
LOUISIANA -- As reported by the Thoroughbred Times: "Fair Grounds, which filed for Chapter 11 bankruptcy protection last August, may become the latest racetrack to join ranks with Churchill Downs Inc.
"Churchill officials reportedly are negotiating with the Louisiana Horsemen's Benevolent and Protective Association to acquire legal claims against the track, possibly indicating the company's intention to purchase the facility.
"…Fair Grounds President Bryan Krantz acknowledged the track is listening to potential buyers but also states that his family, which owns a controlling interest in the track, wants to stay in control…"