Churchill Downs one week before the Derby and continues until early July. The Kentucky Derby is held the first Saturday in May and the Kentucky Oaks is run on the Friday before the Derby. A fall meet picks up in late October and closes Thanksgiving weekend in late November. A third meet in September was added in 2013. In addition to the track, clubhouse and stables, Churchill Downs also contains the Kentucky Derby Museum which focuses on the history of the Kentucky Derby and Churchill Downs. The museum also contains a number of exhibits exploring the training and racing of thoroughbred horses.
Churchill Downs Incorporated served as the new holding company for Churchill Downs and six other tracks. From 1929 through 1942, the holding company started to reduce the number of tracks. By 1937, there were only three tracks left. In January 1937, Churchill Downs joined with Latonia in Northern Kentucky to create Churchill Downs-Latonia Incorporated. In 1942, Churchill Downs separated from Latonia and officially changed its name to Churchill Downs Incorporated. After simulcasting became commonplace in the early 1990s, the racetrack decided to expand its holdings and move into the simulcasting industry. In 1991, Churchill Downs bought the struggling Louisville Downs harness track, which