Keeneland and Churchill Downs will work together to own and operate two new racetracks in Kentucky. The new tracks will be in Corbin and in Oak Grove.

According to a news release, the proposed facilities will feature live horse racing and historical racing machines for guests from Kentucky and beyond.

“Keeneland is excited to partner with Churchill Downs on this initiative which builds upon our mission to strengthen the sport and create new opportunities for horsemen and fans,” Keeneland President and Chief Executive Officer Bill Thomason said. “Not only will these racing facilities strengthen Kentucky’s vital horse industry, but just as importantly, they will positively impact the Commonwealth and the local communities by stimulating significant economic growth, generating hundreds of new jobs and enhancing tourism and hospitality.”

The proposed site in Corbin is a 150-acre property located off the bypass in the Tri-County Industrial Park (image below).

“Corbin is thrilled to be a part of this historic venture between two of the horse racing industry’s most iconic names,” Corbin Mayor Willard McBurney said. “The new racing facility will be a welcome addition to our city’s already long list of sites and attractions for local residents and visitors.”

The two historic racing tracks still have to file an application with the Kentucky Racing Commission. That's expected to happen Friday.