Report: Winchell interested in Kentucky Downs ownership

November 12, 2018 08:28pm
Kentucky Downs New 615 X 400
Photo: EquiSport Photos

In a story that has been developing for quite some time, “The Pressbox” has learned that a new owner could be purchasing a significant interest in Kentucky Downs — either in whole, or in part.

According to sources close to the situation, Ron Winchell — a prominent Thoroughbred owner and breeder — may be buying into the rural racetrack that operates five racing days a year in Franklin, Ky. The track conducts live Thoroughbred racing over a European-style turf course and also has a venue for Historical Racing Machines.

Kentucky Downs is currently owned by a group led by Nashville, Tenn., businessman Ray Reid and former Lone Star Park President Corey Johnsen, who purchased the facility in 2007.

Winchell — who followed his famous father, Verne, into the Thoroughbred racing and breeding world — has maintained his family’s significant presence in the industry for several years. In addition to racing Tapit, whom Verne Winchell purchased as a yearling, Ron Winchell and his mother, Joan, have also raced several outstanding horses throughout the years, namely the reigning Horse of the Year Gun Runner and 2014 Kentucky Oaks winner Untapable.

In addition to his vast holdings in the Thoroughbred industry, Winchell also owns and operates a chain of slot parlors in Las Vegas, where he currently resides most of the year with his family. A majority of his “gaming taverns” are known as “Jackpot Joanie’s,” named for Ron Winchell’s mother.

According to a story written by Jay Privman for “The Daily Racing Form,” and published on Oct. 30, 2017, Winchell owns 18 facilities in Nevada, which he described to DRF as “small, local places.”

Reached Sunday, David Fiske, racing manager for Winchell, said that "at this time I can neither confirm or deny."

“The Pressbox” reached out to several others close to both Winchell and Kentucky Downs but did not receive any further comment.

 

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The Pressbox is your source for news, handicapping and interviews with the industry's biggest stars. Gene McLean is the Founder of The Pressbox and The Louisville Thoroughbred Society. No one in this industry has more talent in reviewing, forecasting and handicapping.




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