UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
D.C. 20549
FORM
8-K
CURRENT
REPORT
PURSUANT
TO SECTION 13 OR 15(d) OF THE
SECURITIES
EXCHANGE ACT OF 1934
Date
of Report (Date of earliest event reported): January 11,
2007
(Exact
name of registrant as specified in its charter)
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Kentucky
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0-1469
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61-0156015
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(State
of incorporation)
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(Commission
file number)
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(IRS
Employer Identification No.)
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700
Central Avenue, Louisville, Kentucky 40208
(Address
of principal executive offices)
(Zip
Code)
(502)
636-4400
(Registrant's
telephone number, including area code)
Check
the
appropriate box below if the Form 8-K is intended to simultaneously satisfy
the
filing obligation of the registrant under any of the following
provisions:
[
] Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
[
] Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
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[
]
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Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17
CFR
240.14d-2(b))
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[
]
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Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17
CFR
240.13e-4(c))
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Item
5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain
Officers.
Steven
P.
Sexton, age 47, has been promoted to the position of Executive Vice President
of
Churchill Downs Incorporated effective January 11, 2007. Mr. Sexton has served
as President of Churchill Downs Racetrack since March 2003 and will continue
to
serve in that position. He first came to Churchill Downs Incorporated in 2001,
serving first as the Executive Vice President and then as the President of
Arlington International Racecourse, Inc. which later became Arlington Park
Racecourse, LLC. Mr. Sexton served as the President of Ellis Park Race Course,
Inc. from March 2003 until its sale in September, 2006. The officers of the
corporation are elected each year at the annual meeting of the Board of
Directors. No determination has been made at this time as to the effect of
this
promotion on Mr. Sexton’s compensation or participation under the plans or other
compensatory arrangements of the corporation.
SIGNATURE
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant
has
duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
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CHURCHILL
DOWNS INCORPORATED
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January
17, 2007
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/s/
Michael E. Miller
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Michael
E. Miller
Executive
Vice President & Chief Financial
Officer
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