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Stock impact report

Horse racing's household name will miss 150th Kentucky Derby as Bob Baffert is exiled for third year [Globe and Mail, The (Toronto, Canada)]

Churchill Downs, Incorporated (CHDN) 
Last churchill downs, incorporated earnings: 4/29 04:07 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.churchilldownsincorporated.com
The Hall of Fame trainer with a record-tying six victories won't be saddling a contender in Saturday's Run for the Roses for the third consecutive year. Last July, Baffert had another year tacked on to his two-year suspension by Churchill Downs Inc., which was set to expire in 2023. The additional punishment came despite no positive drug or medication tests involving the 71-year-old trainer's horses during that time. CDI imposed the original penalty after Baffert's 2021 Derby winner, Medina Spirit, flunked a post-race drug test. The colt tested positive for a legal medication that isn't allowed on race day in Kentucky. Medina Spirit was later disqualified. That led to two years of lawsuits, but Baffert failed in his attempts to be reinstated by Churchill Downs or have Medina Spirit's victory restored. In January, Baffert said he was dropping his legal challenges against CDI. His move didn't thaw the frosty relations between the two sides. “A trainer who is unwilling to accept Show less Read more
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