A study just released by the University of Kentucky says Keeneland last year generated $590 million for Lexington and Fayette County. The economic boost goes beyond traditional racing days.
The new study, the first of its kind on Keeneland, focused on fall and spring racing meets, along with four international Thoroughbred sales. The economic impact study was conducted by the University of Kentucky's Center for Economic Research.
Governor Steve Beshear says with Keeneland hosting the 2015 Breeders Cup World Championships in October, its mark on the local and state economy is only going to increase. Keeneland conducts racing an average of 32 days a year. The study found that direct spending by visitors during their stay for the two meets and sales generated about $351 million in direct economic activity.