Owner Mike Repole has purchased one million shares, or nearly 1.5% interest, in Churchill Downs, according to a post he made on X. He indicated he may purchase more and looks forward to working with Churchill Downs Incorporated (CDI)'s CEO Bill Carstanjen to make a positive impact and grow the sport.“Nobody loves building epic businesses and brands in a disruptive way more than I do,” wrote Repole.The entire message Repole posted on X follows:“Over the past four days, I've purchased 1 million shares and close to a 1.5% stake in @ChurchillDowns, and I may acquire more. I'm extremely excited about the possibilities.Churchill has tremendous assets, led by what I believe is the global crown jewel of horse racing, the @KentuckyDerby. Last year's Derby peaked at 24.4 million viewers. To me, that's a major proof point of how BIG this sport can become.As the owner of Repole Stable, one of the largest, most successful and recognizable stables in the country, I see firsthand the potential of what I believe is one of the most undervalued sports nationally and globally.Horse racing needs more education, real marketing, innovation, and evolution. It also needs stronger leadership and greater accountability from the Old Guard racing entities that, in my opinion, have held the industry back for far too long.Nobody loves building epic businesses and brands in a disruptive way more than I do.I believe a meaningful ownership stake in Churchill gives me the greatest opportunity to help create value for Churchill shareholders AND make a positive financial impact across all of racing.Growing this sport means growing opportunities for everyone, owners, breeders, track operators, horseplayers, fans, and everyone whose livelihood depends on racing.I really look forward to working with CEO Bill Carstanjen, his board, and management team to help turn that potential into both short term and long term results.Think Big. Dream Bigger.”BREAKING NEWS Over the past four days, I've purchased 1 million shares and close to a 1.5% stake in @ChurchillDowns, and I may acquire more. I'm extremely excited about the possibilities.Churchill has tremendous assets, led by what I believe is the global crown jewel of horse racing, the @KentuckyDerby. Last year's Derby peaked at 24.4 million viewers. To me, that's a major proof point of how BIG this sport can become.As the owner of Repole Stable, one of the largest, most successful and recognizable stables in the country, I see firsthand the potential of what I believe is one of the most undervalued sports nationally and globally.Horse racing needs more education, real marketing, innovation, and evolution. It also needs stronger leadership and greater accountability from the Old Guard racing entities that, in my opinion, have held the industry back for far too long.Nobody loves building epic businesses and brands in a disruptive way more than I do.I believe a meaningful ownership stake in Churchill gives me the greatest opportunity to help create value for Churchill shareholders AND make a positive financial impact across all of racing.Growing this sport means growing opportunities for everyone, owners, breeders, track operators, horseplayers, fans, and everyone whose livelihood depends on racing.I really look forward to working with CEO Bill Carstanjen, his board, and management team to help turn that potential into both short term and long term results.Think Big. Dream Bigger.— Repole Stable (@RepoleStable) October 8, 2026The post Repole Buys 1M Shares in Churchill Downs appeared first on TDN | Thoroughbred Daily News | Horse Racing News, Results and Video | Thoroughbred Breeding and Auctions.