Satish and the Breeders Cup...

[Monarchos1]

Statement from Breeders’ Cup Chairman, Bill Farish
The Breeders’ Cup board is extremely disappointed with recent statements from board member Satish Sanan with regard to host sites and those views in no way reflect the official position of Breeders’ Cup, LTD. The Breeders’ Cup has longstanding and valued partnerships with Churchill Downs and the New York Racing Association. No final decisions have been made on host sites beyond 2010 and as we indicated in December the board is looking at a permanent host location as a potential option as part of our ongoing strategic planning initiative. We extend our sincere apology to Churchill Downs and the State of Kentucky. We look forward to our return to Louisville and Churchill Downs for the 2010 Breeders’ Cup World Championships.

Statement from Breeders’ Cup Board Member, Satish Sanan
I mischaracterized the Breeders’ Cup’s relationship with Churchill Downs and other host sites in a recent radio interview. I regret my poor choice of words. As part of the Breeders’ Cup strategic planning process, the board continues to evaluate future host sites and other core business issues.