"Gulfstream Park started a journey more than two years ago to create a more vibrant Thoroughbred industry in Florida. Having enjoyed year-over-year growth the past three years, we wanted to continue the momentum Gulfstream's Champions Meet generated rather than try to rebuild that momentum and fan base every December.

Gulfstream and The Stronach Group believe we will now be able to create a stronger Thoroughbred industry through a more innovative racing schedule and premier stakes events while increasing purses, as well as owners' and breeders' awards.

Gulfstream is not only committed to making its state-of-the-art facility in Hallandale Beach one of the world's most unique entertainment destinations, but we are committed to making our 40-day meet at Calder a memorable experience for those attending the races and those viewing the races on-line and at simulcast sites throughout the world.

Gulfstream and The Stronach Group are committed to growing and improving Florida Thoroughbred racing...it's why we started this journey more than two years ago. We promise that Thoroughbred racing will always be our first priority. We want to thank the Division, the Breeders, the horsemen and Churchill Downs for giving us this opportunity."