LOUISVILLE, Ky. (AP) -- Churchill Downs Inc. says it has created a new subsidiary to expand its entertainment opportunities, and the company’s executive vice president, Steve Sexton, will head the new company. The company says Sexton will be responsible for creating new entertainment activities, including new racing events, concerts and other concepts. Sexton has been president of Churchill Downs track since 2002 and became executive vice president of Churchill Downs Inc. in 2006. William C. Carstanjen will be chief operating officer of Churchill Downs Inc., responsible for all on-site operations and off-track betting facilities. The company will now begin searching for a new president of Churchill Downs racetrack. Besides the Louisville racetrack that’s home to the Kentucky Derby, Churchill Downs Inc. owns Arlington Park Racecourse, Calder Race Course and Fair Grounds Race Course and Slots.
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