Churchill Downs Prepares To Resume Live Races, With Only Staff On-Site

A little less than two weeks after it ran a computer-simulated race instead of the postponed Kentucky Derby, Churchill Downs (NASDAQ: CHDN) is readying its namesake racetrack for the restart of live races in the near future. While racing will start this weekend, the first major stakes is scheduled for Saturday, May 23.

The Matt Winn Stakes, named in honor of Colonel Martin "Matt" Winn, an important Kentucky Derby organizer in the early 20th century, is the only national race currently scheduled for May. Featuring a $150,000 purse, it may have a much higher profile than usual this year as contenders in later stakes use it as a prep race for upcoming contests.

Image source: Getty Images.

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Source Fool.com