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Fair Grounds Future Brightens: Gayle Benson Eyes Purchase as CDI Talks Continue
- Updated: June 16, 2025
WikiMedia
New Orleans, LA – June 16, 2025 – The historic Fair Grounds Race Course, facing potential closure after Churchill Downs Inc. (CDI) announced plans to surrender its racing license, may see a new chapter unfold. New Orleans Saints and Pelicans owner Gayle Benson has emerged as a key figure in efforts to preserve horse racing in the city, while CDI engages in discussions with Louisiana officials to maintain operations at the track.
Gayle Benson’s Interest in the Fair Grounds
Following CDI’s June announcement that it might relinquish its racing license due to financial losses from a ban on historical horse racing (HHR) machines and lack of legislative support, public attention turned to Gayle Benson, a prominent Louisiana billionaire and horse racing enthusiast. Benson, who inherited the New Orleans Saints and Pelicans after her husband Tom Benson’s death in 2018, owns GMB Racing Stables and a Kentucky breeding facility. Her stable has produced notable runners, including Lone Sailor, which finished fifth in the 2018 Preakness Stakes, and two horses that competed in the 2016 Kentucky Derby.
Sources indicate that Benson and her late husband considered purchasing the Fair Grounds eight years ago, reflecting a longstanding interest in the venue. Greg Bensel, senior vice president for the Saints and Pelicans, issued a statement on June 11: “With the recent news generated by Churchill Downs concerning their continued racing at Fair Grounds, we have had numerous calls regarding our interest in purchasing the Fair Grounds. Mrs. Benson continues to support the horse racing industry not only in Kentucky but more importantly here in Louisiana. Her hope is that horse racing continues in New Orleans at the Fair Grounds and is prosperous and sustainable.” While Bensel clarified that the track is not currently for sale, he noted that Benson is “monitoring the situation.”
Local sentiment, amplified by posts on X, strongly supports Benson’s potential involvement. Fans and industry observers view her as a community-focused steward who could revitalize the 153-year-old institution. One post suggested, “Breathing new life into the Fair Grounds is one of those investments Gayle Benson can use to actually leave a legacy in the city that matters to ppl.” Another speculated that Benson’s racing stable and commitment to New Orleans make her a natural fit to keep the track open.
CDI’s Ongoing Talks to Continue Racing
Despite CDI’s initial threat to exit Louisiana, recent developments suggest a possible resolution. On June 13, industry outlet Thoroughbred Daily News reported “active discussions” between CDI representatives and Louisiana officials, including the Louisiana State Racing Commission, to find a way for CDI to continue operating live racing at the Fair Grounds. These talks aim to address CDI’s financial concerns, particularly the loss of revenue from HHR machines, which accounted for nearly half of the track’s off-track betting income.
CDI’s CEO, William Carstanjen, had cited a lack of legislative cooperation and new laws increasing competition from video poker machines as reasons for the company’s stance. However, state lawmakers and the New Orleans City Council are taking steps to protect the Fair Grounds. In the final days of the 2025 legislative session, a bill was advanced to prevent CDI from shuttering the facility, signaling a willingness to negotiate. The council is also exploring measures to ensure the track remains a horse racing venue if sold.
A Community at a Crossroads
The Fair Grounds, a New Orleans institution since the 1830s, is more than a racetrack—it’s a cultural and economic anchor. The potential closure shocked locals and tourists alike, with one visitor remarking, “It’s crazy. It’s been established since the 1800s. Why wouldn’t you want to keep racing?” The track’s 150th racing season opened on Thanksgiving Day 2024, but its future beyond the 2025-2026 season remains uncertain without a clear path forward.
Benson’s potential acquisition could align with her history of investing in New Orleans’ cultural and economic fabric. Beyond sports, she owns Faubourg Brewing, automotive dealerships, and real estate ventures, including the Hyatt Regency New Orleans. Her philanthropy, including over $2 million donated during the COVID-19 pandemic and Hurricane Ida recovery, underscores her commitment to the Gulf South.
Meanwhile, CDI’s negotiations offer hope that racing could continue under current ownership, potentially averting a sale. Industry veteran Louie Roussel III, a former Fair Grounds owner, urged the racing commission to challenge CDI’s threats, suggesting the company’s exit may be a bluff to secure subsidies.
What’s Next for the Fair Grounds?
As discussions unfold, the Fair Grounds’ fate hinges on whether CDI can reach an agreement with state officials or if a sale becomes necessary. Benson’s interest positions her as a leading candidate to step in, alongside other speculated buyers like Baton Rouge businessman Jim Bernhard.
For now, the New Orleans horse racing community awaits clarity. Benson’s vision for a “prosperous and sustainable” Fair Grounds, combined with ongoing talks to keep CDI in place, offers cautious optimism that the track’s storied legacy will endure.
Sources: WDSU, NOLA.com, Thoroughbred Daily News, WWL-TV, and posts on X
