Kentucky Derby runs tomorrow, but planned $1B revamp of Churchill Downs is on hold
1. Churchill Downs pauses $920 million facility revamp due to cost uncertainties. 2. Tariffs and inflation risks are cited as reasons for project delays. 3. Renovations for smaller areas still planned, costing $25-$30 million. 4. CEO indicates commitment to long-term growth despite current halt. 5. Kentucky Derby remains a significant economic event, impacting local economy.