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The Latest Breaking News from CDI

Tesla's More Affordable Model Y Arrives Today. Here's What We Expect (Updated)

Today on Critical Materials: Tesla's affordable Model Y is expected today, Xiaomi sets sights on luxury brands and Tesla could lose insurance arm in California.

InsideEVs

Four people arrested for wearing a bear costume and faking an attack for insurance money

A search of one of the suspect’s homes uncovered a bear costume

The Independent UK

John Clay: In its now personal feud with Bob Baffert, Churchill Downs steps over the line

If Bob Baffert would just say he’s sorry.

Tribune News Service

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No Kentucky Derby 150 for Bob Baffert. Churchill Downs extends trainer’s suspension.

Churchill Downs Inc. announced Monday that it is extending its track suspension of trainer Bob Baffert through the calendar year 2024.

Tribune News Service

John Clay: Gaming halls with HHR machines are booming in Kentucky. Now comes sports gambling.

LEXINGTON, Ky. — It’s a good crowd for a weeknight on a recent Monday evening at Red Mile. I signed up for the Red Mile rewards club, got my player’s card and with a spin of the promotion wheel landed on $100 in free bets. After spending $9 on a…

Tribune News Service

Kentucky Derby trainer Saffie Joseph suspended after deaths of two horses

Saffie Joseph Jr was due to run Lord Miles in the Kentucky Derby on Saturday but after two of his runners at the meeting died he and his horses are not welcome at Churchill Downs

Daily Mirror

As 149th Derby nears, Kentucky prepares for sports betting

A recently signed bill by Kentucky Gov. Andy Beshear will allow Kentucky’s horse racing tracks to be licensed as sports betting facilities, which proponents and the industry hope will bring a new demographic of bettors to its track

The Independent UK

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Bob Baffert cannot run horses at Kentucky Derby after court denies injunction

Trainer Bob Baffert’s attempt to run horses in this year’s Kentucky Derby was once again denied when a federal district court in Louisville, Ky., denied his request for a preliminary injunction. Baffert is currently serving a two-year suspension by Churchill Downs Inc. after Medina Spirit tested positive for a legal…

Los Angeles Times

Bob Baffert returns to race in Kentucky for first time since last year's Derby

LEXINGTON, Ky. — The Commonwealth of Kentucky is the self-proclaimed horse racing capital of the world. It has the most famous racetrack, the most iconic race and more than 450 breeding farms.

Los Angeles Times

Breeders' Cup Classic will determine Flightline's place in racing history

A horse named Flightline might be the most dominant competitor currently in any sport. Of course, because it's horse racing, the average sports fan likely has no idea who he is and what his mark on sports history might be. The name recognition might get a little bump Saturday when…

Los Angeles Times

Best Torque Wrenches For Working On Your Car

Don’t overtighten your lug nuts.

Motor1

Churchill Downs Raises $900M Via Debt

Churchill Downs Inc (NASDAQ:CHDN) said its wholly-owned subsidiary, CDI Escrow Issuer Inc, is offering senior notes due 2030 in a private offering. The offering is part of the financing for the proposed acquisition of Peninsula Pacific Entertainment LLC. The company plans to place proceeds of $900 million in escrow. Upon satisfaction of the…

Benzinga

Bob Baffert Announces Lawsuit Against Churchill Downs

The lawsuit says CDI and its leaders violated the trainer’s right to due process when Medina Spirit tested positive for a banned substance following the 2021 Kentucky Derby.

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