In a story from the Thoroughbred Times, Churchill Downs has announced they will drop out of the NTRA by not renewing. This has been explained as a cost-cutting measure for the Louisville-based company. The $375,000 in dues Churchill will no longer contribute accounts for 3.8% of their annual budget.
It's not exactly genius insight to say this is not good news for the future health of the NTRA. With the single largest racetrack company leaving the membership group, will others like Magna be too far along?
Then come back to the Paulick Report and let us know what you think
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