Ron Winchell and Marc Falcone officially are the new owners and managing partners in Kentucky Downs, finalizing the purchase of the racetrack and year-round entertainment center from the investment group that purchased the facility in 2007. “Kentucky Downs is one of horse racing’s brightest success stories of this era,” said new co-owner Ron Winchell, a prominent horseman and entrepreneur. “We are committed to increasing that trajectory and are looking at options for expanding and improving the overall guest experience."
The Kentucky Horse Racing Commission on Tuesday approved noted horseman and entrepreneur Ron Winchell and prominent gaming executive Marc Falcone as Kentucky Downs owners, with the sale expected to close around March 1.
Kentucky Racing Acquisition, LLC (“KRA”), a new company co-founded by Ron Winchell and Marc Falcone, announced today that it has entered into a definitive agreement to purchase all the assets of Kentucky Downs from parent company Kentucky Downs Partners, LLC, the investment group that has owned the race track since 2007.