April 5, 2017
JACOR Partners out of Phoenix entered into a purchase of the Yavapai Downs racetrack property as of Wednesday, April 5, 2017. The sale was finalized Jan. 11, 2018.
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The deal closed Thursday morning, Jan. 11, 2018, with JACOR Partners from Phoenix and Kentucky Downs president Corey Johnsen signing papers to purchase Yavapai Downs in Prescott Valley, Arizona, for $3.22 million out of federal bankruptcy court.
Phoenix company hopes to return horse racing to region in 2018 if sale goes through
Horse racing may return to Yavapai County as early as next year if a Phoenix-based retail company decides to go through with purchasing the property.