Yum! Brands Announces ‘YUMFECTA’ $1 Million Bonus for Kentucky Derby

Winner That Beats Barbaro’s Winning Distance of 6 1/2 Lengths
 
LOUISVILLE, Ky., May 4 /PRNewswire-FirstCall/ — As the 133rd running of the famed Kentucky Derby is set for Saturday, May 5, 2007, a unique and new potential for a $1 million bonus for the race’s winning horse is being offered by Yum! Brands, Inc., (NYSE:YUM). Yum Brands, Inc., the world’s largest restaurant company in terms of units, and parent of KFC, Taco Bell, Pizza Hut, Long John Silver’s and A&W Restaurants, announced the “YUMFECTA”  Monday at a joint press conference with officials from Churchill Downs (NASDAQ:CHDN).
 
The YUMFECTA is a new, $1-million bonus that will be paid by Yum! Brands to any horse that wins this year’s Kentucky Derby and beats 2006 Derby winner Barbaro’s winning margin of 6 1/2 lengths over Bluegrass Cat.
 
YUMFECTA is the first bonus tied solely to the Derby race, margin of victory and winnings and the $1 million will be split evenly between the horse’s owner (25%), trainer (25%), jockey (25%) and charitable nonprofit organization, the NTRA Charities — Barbaro Memorial Fund (25%).
 
Barbaro’s 2006 winning margin of 6 1/2 lengths during last year’s Kentucky Derby was the biggest since 1946 when Assault won by 8 lengths. It was also the 5th largest winning margin in 132 years of the Kentucky Derby’s history.
 
The world fell in love with Barbaro at last year’s Kentucky Derby. While his injury during the Preakness dashed all hopes of winning the Triple Crown, millions held their breath as he gallantly tried to recover. Tragically, Barbaro lost his battle, but his legacy as a champion lives.
 
“This was an exciting Derby, with a great field of horses and we’re proud to offer the first-ever YUMFECTA,” said David C. Novak, Chairman and CEO, Yum! Brands, Inc. “We’re really excited about our second year as presenting sponsor of the Kentucky Derby — it’s the greatest two minutes in sports and a perfect way to create awareness among individual investors.”
 
The Barbaro Memorial Fund, established by the National Thoroughbred Racing Association, is a national fundraising program to raise awareness and money for equine health and safety research in the name of Barbaro, whose gallant struggle to overcome a catastrophic injury following the second leg of the Triple Crown captivated horse enthusiasts around the world.
 
Yum! Brands became the first-ever presenting sponsor of the Kentucky Derby in 2006 because it is a premier sporting event watched by millions of people around the globe. Traditional Kentucky Derby television viewers match the profile of individual investors who may be interested in purchasing shares of YUM Brands.
 
The Kentucky Derby, which holds the distinction of being America’s longest continuously held sporting event, has been run without interruption at Churchill Downs since the track’s first race meet in 1875. The race for 3-year-old Thoroughbreds offers a $2 million-guaranteed purse.