HorseRacing TV™ ("HRTV") is a national 24-hour television network dedicated to the sport of horseracing. Live racing and original programming on the HRTV™ network provides an opportunity for current race fans to gain the inside edge and for new fans to learn all about the sport of kings.

HRTV is a joint venture owned by North America's two racing industry leaders, Magna Entertainment Corp. ("MEC"), and Churchill Downs Incorporated ("Churchill Downs"). Live racing content for HRTV is acquired by HRTV's sister company, TrackNet Media Group, LLC. MEC and Churchill Downs together own some of the most prestigious racetracks in the United States including Santa Anita Park near Los Angeles, Churchill Downs in Louisville, Kentucky, home of the Kentucky Derby, Gulfstream Park and Calder Race Course near Miami, Lone Star Park at Grand Prairie near Dallas, Arlington Park near Chicago, Illinois, and Pimlico Race Course in Baltimore, home of The Preakness Stakes®. MEC also operates a growing off-track betting or OTB, network and XpressBet®, a national account wagering business. Churchill Downs also has a national account wagering service, TwinSpires.com.

MEC is a publicly traded company with shares listed on the Nasdaq National Market (MECA) and on the Toronto Stock Exchange (MEC.A) and can be found on the Internet at www.magnaentertainment.com.

Churchill Downs Incorporated ("Churchill Downs"), headquartered in Louisville, Ky., owns and operates world-renowned horse racing venues throughout the United States. The four Churchill Downs racetracks in Florida, Illinois, Kentucky and Louisiana host many of North America's most prestigious races, including the Kentucky Derby and Kentucky Oaks, Arlington Million, Princess Rooney Handicap and Louisiana Derby. Churchill Downs racetracks have hosted seven Breeders' Cup World Championships. Churchill Downs also owns off-track betting facilities and has interests in various advance deposit wagering, television production, telecommunications and racing services companies, including a 50-percent interest in the national cable and satellite network HorseRacing TV, that support the Churchill Downs network of simulcasting and racing operations. Churchill Downs trades on the NASDAQ Global Select Market under the symbol CHDN and can be found on the Internet at www.churchilldownsincorporated.com.