06/03/2011 4:51PM

Churchill purses being increased


Churchill Downs has announced that overnight purses will be increased 10 percent, effective when racing resumes Thursday at the Louisville, Ky., track.

Purses for overnight races – which include overnight stakes, allowance, maiden special weight, claiming, and maiden-claiming events – will rise by an approximate blended average of $3,150 per race.

Keven Flanery, president of Churchill racetrack, said in a release that the raise was made possible through “the strength of our Kentucky Derby Week product and the fans’ corresponding response through strong all-sources wagering.” Tracks owned by Churchill Downs Inc. do not release business figures on a regular basis.

Total overnight purses for the meet are projected to be $12.6 million, up from an original forecast of $12.1 million. The daily average purse distribution, not including stakes money, will be approximately $323,723 per day. The number grows to $484,418 when stakes money is included.