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Horse Racing

Colonial Downs sold with goal of bringing back horse racing in 2019

Colonial Downs sold with goal of bringing back horse racing in 2019

Chicago-based Revolutionary Racing said April 25 the company closed on the purchase of the shuttered Colonial Downs for more than $20 million in a move toward bringing back horse racing to New Kent County.

“The return of horse racing to Virginia will mean the creation of new, good paying jobs, the generation of much needed tax revenue for the state and localities and a significant economic impact statewide," Revolutionary Racing CEO Prentice Salter said in a news release. "In a race, only one horse can come in first; but...

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