Local News

Study: Equestrian Games Had Over $200 Million Economic Impact

Kentucky Governor Steve Beshear announced Monday the Alltech FEI World Equestrian Games held last year had an economic impact of $201.5 million,  according to a study commissioned by the Tourism, Arts and Heritage Cabinet.

“The World Equestrian Games were indeed a success and this report illustrates the positive result that our local and state governments, our sponsors, the many volunteers, the business community and the citizens of the Commonwealth working together can have,” Beshear said in a news release. “It also underscores the important role of the Kentucky Horse Park and the legacy the games will have for future years.”

The games were held at the Kentucky Horse Park and were composed of different events such as dressage, driving, endurance, jumping, reining and vaulting. It was the first time the international event had been held outside of Europe.

The report by the tourism cabinet shows the games brought in direct spending that accounted for $128 million alone and indirect spending, such as money spent with food vendors, lodging suppliers and construction was $73.3 million.

However, analysis last August showed the games cost the state $258 million overall.

Local News

World Equestrian Games One Year Away

Tickets are now on sale for the 2010 Alltech FEI World Equestrian Games, which means the event is just a year away.

Officials celebrated the countdown today in Lexington. World Equestrian Games Foundation CEO Jamie Link was among them.

“One year from today, the world is coming to Kentucky,” said Link. “Thousands of people are, at this very moment, purchasing tickets and planning to be here for the world’s most prestigious equestrian competition when it comes to America in just 364 more days.”

Construction projects in preparation for the 15-day event include a $40-million indoor arena, a $25-million outdoor stadium and $13-million in road construction around the Kentucky Horse Park.

The event is the world championships in several equestrian disciplines, and is considered a pre-cursor to the Olympics.

Thanks to WUKY for sound from the event.