Churchill Downs Incorporated (CDI) has completed the sale of a property in Arlington Heights, Illinois, to nearby National Football League (NFL) franchise the Chicago Bears.
The initial deal was struck in September 2021, with the Bears having agreed to pay $197.2m to acquire the 326-acre site, which is currently home to Arlington Heights Racecourse.
The racecourse opened in 1927 and upon closure had a capacity of 35,000 seats. The venue had not hosted any form of racing since the deal with the Bears was agreed in 2021.
