New $280-$300M Churchill Downs 'Victory Run' Structure to be Built on First Turn

Churchill Downs | Coady Media

A new four-story structure called Victory Run, which will include private suites, indoor and outdoor dining, and covered box seating, will be built on the first turn of the Churchill Downs Racetrack, according to a release from Churchill Downs Incorporated (CDI) Wednesday afternoon. To be built between the First Turn Club and the Skye Terrace, it will replace approximately 6,400 uncovered, ground-level box seats and dining areas with a new space for approximately 7,800 guests. CDI anticipates the project will cost between $280 million and $300 million.

“We are excited to unveil the Victory Run project for Churchill Downs Racetrack,” said CDI CEO Bill Carstanjen. “This project will create a greatly improved experience for our guests in an important section of our racetrack while delivering long-term growth and value for our shareholders.”

Construction is slated to begin following the 2026 edition of the GI Kentucky Derby with temporary seating in the area expected for the 2027 Derby and construction complete prior to the 2028 Derby.

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