News Release ______

FOR IMMEDIATE RELEASE: Contact: John Asher Vice President, Racing Communications Racetrack (502) 636-4586 (office) (502) 494-3626 (mobile) [email protected]

CHURCHILL DOWNS-BASED STARS CLASSIC EMPIRE, NOT THIS TIME ARE TOP INDIVIDUAL CHOICES IN OPENING POOL OF FUTURE WAGER

2017 Derby Future Betting Opens Thanksgiving Day, Concludes on Sunday, Nov. 27

LOUISVILLE, Ky. (Monday, Nov. 21, 2016) – A pair of stars based at Churchill Downs Racetrack – John C. Oxley ’s Classic Empire (#2) and Albaugh Family Stables’ Not This Time (#16) – are the individual choices, but the Mutuel Field (#24) , or “All Others,” is the strong morning line favorite for the first of four pools of the Future Wager (“KDFW”), which opens its four-day run on Thanksgiving Day.

Churchill Downs odds maker Mike Battaglia installed the “All Others” wager as the 5-2 morning line favorite for the opening KDFW pool. He listed the Mark Casse -trained Classic Empire and trainer Dale Romans ’ Not This Time – the 1-2 finishers who were separated by a neck in the Sentient Jet Breeders’ Cup Juvenile (Grade I) at Santa Anita on Nov. 5 – as 8-1 co-second choices in the opening Derby Futures pool.

Fans will have the opportunity to wager on contenders for next spring’s 143 rd running of the Kentucky Derby Presented by Yum! Brands (Grade I) at odds that could be far more attractive than those available on the day of America’s greatest race starting at noon (all time EST) on Thursday, Nov. 24, through the close of the four-day pool on at 6 p.m. on Sunday, Nov. 27. Betting will be available at Churchill Downs, racetracks and satellite wagering facilities throughout North America, and via TwinSpires.com and other online wagering platforms.

The Kentucky Derby Future Wager, which was created in 1999, offers $2 minimum win wagering on 24 betting interests – the 23 individual horses and the Mutuel Field, which includes all 3-year-old Thoroughbreds other than the individual wagering interests in a respective pool. Each pool also offers $2 exacta wagering on the 24 wagering interests, with the latter also available in $1 minimum increments in boxes and other multiple number configurations.

Winning payouts in the win and exacta wagering in Pool 1 will be determined by the odds that are in place at Sunday’s conclusion of wagering. The 2017 Kentucky Derby will be run at Churchill Downs on Saturday, May 6.

The opening pool of the 2017 Derby Future Wager is concurrent with the Kentucky Derby Sire Wager, which is being conducted for the second year by Churchill Downs. The bet which provides bettors with a unique opportunity to wager on select breeding stars and their entire crop of juveniles with the hope of winning next year’s Kentucky Derby.

The official rules of the Kentucky Derby Future Wager do not permit scratches of betting interests or refunds of wagers placed during any of its four pools. Wagering will be suspended on a betting interest in any of the respective pools if Churchill Downs determines that the individual horse will not be able to participate in the Kentucky Derby because of injury, illness or other circumstance.

-more- Kentucky Derby Future Wager Pool 1 Advance Monday, Nov. 21, 2016 Page 2 of 3

Pool 1 favored individuals Classic Empire and Not This Time have concluded their respective 2016 racing campaigns.

The former launched his five-race season with a victory in May in his debut at Churchill Downs and, along with his Breeders’ Cup triumph, won Keeneland’s Claiborne Breeders’ Futurity (GI) and the Bashford Manor (GIII) over his home track. Classic Empire’s only setback of his 2-year-old season came in the Hopeful (GI) at Saratoga, a race in which Classic Empire wheeled as he departed the starting gate and unseated his . The son of Pioneerof the Nile, the runner-up who was also the sire of 2015 Derby and Triple Crown winner American Pharoah , completed his 2-year-old season with total earnings of $1,485.920.

Not This Time, a son of the Giant’s Causeway, won two of his four races as a juvenile. After a fifth-place run in his debut at Churchill Downs, he scored a 10-length victory in a July maiden race at Kentucky’s Ellis Park prior to a dominant 8 ¾-length victory in the Iroquois (GIII) in September at Churchill Downs. The colt earned $454,183 in his first season of racing.

Another young star likely to elicit strong wagering support in the opening pool of the new Kentucky Derby Future Wager is Cheyenne Stables LLC ’s unbeaten Mastery (#12, 12-1 in the morning line odds), a son of Candy Ride (ARG) who score an easy victory in last weekend’s Bob Hope (GIII) at Del Mar and is currently the top hope to provide Hall of Fame trainer with a fifth Kentucky Derby victory.

Mastery is one a trio of Baffert trainees on the Pool 1 betting roster. The others are Kaleem Shah Inc. ’s Klimt (#10, 15-1), whose three wins from six races include the Del Mar Futurity (GI), and Gary and Mary West ’s Beach Bum (#1, 15-1), a son of Arch who rolled to an easy win in his lone start at Santa Anita.

Other Kentucky Derby-winning trainers represented by horses in the pool’s 23 individual betting interests are John Shirreffs , who saddled Giacomo to win the “Run for the Roses” in 2005, and Graham Motion , whose conditioned 2011 winner . Shirreffs trains Jerry and Ann Moss ’ Gormley , whose two victories from three races include the FrontRunner (GI) at Santa Anita. Motion conditions Isabella de Tomaso ’s Irish War Cry , a son of two-time Horse of the Year Curlin and an easy winner in his career debut at Maryland’s Laurel Race Course.

Trainer , who won the 2010 Kentucky Derby with WinStar Farm ’s , has a pair of Pool 1 wagering interests in Michael Tabor , Mrs. John Magnier and Derrick Smith ’s unbeaten Fact Finding (#3, 20- 1) and Eric Fein , Christopher McKenna , Harris Fein , Guri Singh and Jerry Walia’s Syndergaard , the winner of Saratoga’s Funny Cide and runner-up in the Hopeful (GI) that is named in honor of New York Mets pitching star Noah Syndergaard .

Other prominent individuals include Peacock Racing Stables LLC ’s Delta Jackpot (GIII) winner (#5, 15-1); Janis Whitham ’s unbeaten McCraken (#13, 15-1), the winner of Churchill Downs’ Street Sense; and Klaravich Stables Inc. and William Lawrence ’s Hopeful (GI) winner Practical Joke (#17, 15-1).

Real time odds on the Kentucky Derby Future Wager and more information on the 143 rd running of the Kentucky Derby is available online at www.KentuckyDerby.com .

-more- Kentucky Derby Future Wager Pool 1 Advance Monday, Nov. 21, 2016 Page 2 of 3

2017 Kentucky Derby Future Wager Pool 1 Thursday, November 24-Sunday November 27 # Wagering Interest Sire Trainer Morning Line Odds 1 Beach Bum Arch Bob Baffert 15-1 2 Classic Empire Pioneerof the Nile Mark Casse 8-1 3 Fact Finding The Factor Todd Pletcher 20-1 4 Gormley Malibu Moon John Shirreffs 20-1 5 Gunnevera Dialed In Antonio Sano 15-1 6 Hemsworth Bernardini Tom Albertrani 30-1 7 Hookup Union Rags David Cannizzo 50-1 8 Irish War Cry Curlin Graham Motion 50-1 9 Just Move On Street Boss Patrick Byrne 20-1 10 Klimt Quality Road Bob Baffert 15-1 11 Lookin At Lee Steve Asmussen 30-1 12 Mastery Candy Ride (ARG) Bob Baffert 12-1 13 McCraken Ghostzapper Ian Wilkes 15-1 14 Mo Town Uncle Mo Anthony Dutrow 30-1 15 No Dozing Union Rags Arnaud Delacour 50-1 16 Not This Time Giant’s Causeway Dale Romans 8-1 17 Practical Joke Into Mischief Chad Brown 15-1 18 Running Mate Creative Cause Larry Jones 50-1 19 Saint’s Fan Tale of Ekati Dallas Stewart 50-1 20 Syndergaard Majesticperfection Todd Pletcher 15-1 21 Takaful Bernardini Kiaran McLaughlin 30-1 22 Uncontested Tiz Wonderful Wayne Catalano 30-1 23 Wild Shot Trappe Shot Rusty Arnold 50-1 24 Mutuel Field (All Others) 5-2 Morning Line Odds by Mike Battaglia

Churchill Downs, the world’s most legendary racetrack, has conducted Thoroughbred racing and presented America’s greatest race, the Kentucky Derby, continuously since 1875. Located in Louisville, the flagship racetrack of Churchill Downs Incorporated (NASDAQ: CHDN) offers year-round simulcast wagering at the historic track. Churchill Downs will conduct the 143 rd running of the Kentucky Derby Presented by Yum! Brands on May 6, 2017. The track’s Fall Meet is scheduled for Oct. 30-Nov. 27. Churchill Downs has hosted the Breeders’ Cup World Championships eight times and the event will return to the track in 2018. Information is available at www.ChurchillDowns.com .

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