HorsesDaily®

Lexington, KY – The Alltech FEI World Equestrian Games held in 2010 at the Kentucky Horse Park had an economic impact of $201.5 million, Governor Steve Beshear announced today.  “While these financial impact numbers are quite impressive and stronger than even anticipated, the impact extends far beyond the monetary evaluation,” said Dr. Lyons.

With every eye on the 2010 Alltech FEI World Equestrian Games, 2010 was the Year of the Horse in the United States as the world arrived on our doorstep in Lexington, KY, for 16 days of competition, demonstration and fun. It took years of planning and didn't kick off until the end of the ninth month of the year.

Its sponsorship wound up costing more than triple its original $10 million price tag, but Alltech's founder expects his company's investment in the World Equestrian Games to offer quite a return, leading to $100 million in new business by this time next year.

Equestrian games had shortfall one year before events began at horse parkThe year before the Alltech FEI World Equestrian Games took place, its organizing committee was $5 million in the hole, according to federal tax documents filed Monday.