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How a 97-Year-Old Chicago Man Wins the Kentucky Derby Every Year

  • Dick Duchossois and his family control 9% of Churchill Downs
  • Clan has been biggest individual shareholder for two decades
Jockey Flavien Prat, front left, atop Country House crosses the finish line during the Kentucky Derby on May 4.
Jockey Flavien Prat, front left, atop Country House crosses the finish line during the Kentucky Derby on May 4.Photographer: Luke Sharrett/Bloomberg
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Country House won the 145th edition of the Kentucky Derby on Saturday after the horse that crossed the line first was disqualified. But the real winner -- and it’s the same every year -- was the Duchossois family, the biggest individual shareholder of Churchill Downs Inc.

Known as “the greatest two minutes in sports,” the race generates as much as 20 percent of Churchill Downs’s annual revenue, which topped $1 billion last year, fueled in part by the 127,000 mint juleps served over the weekend and hundreds of millions in gambling wagers on Derby day.