James E. "Ted" Bassett III was elected Keeneland Association president, and Louis Lee Haggin II became chairman of the board.
The Blue Grass Stakes marked the first million-dollar day of wagering in Keeneland's history - $1,052,866.
Four 40-stall barns were completed.
Longtime Keeneland auctioneer George Swinebroad died.
Keeneland ran its first $100,000 race - the $130,725 Breeders' Futurity, won by Harbor Springs.
The Blue Grass Stakes purse was doubled, making it a $100,000-added race.
Heavily favored Honest Pleasure captured the Blue Grass and created a remarkable minus win pool of $41,876.20.
For the fall meeting, a new section of concrete and steel replaced the historic wooden grandstand that had stood since the track's inaugural meeting.
Two new "Keeneland" hedges were planted, flanking the infield tote board.
In the spring, Keeneland became the first track in Kentucky - and only the fourth in the country - to use the AmTote 300 Series Totalisator System, known as ABC (All Betting and Cashing) Mutuels. This system allowed bettors to buy and cash tickets in any amount and type at any window throughout the plant.
The terrace overlooking Keeneland's walking ring was enclosed and ready for the opening of the fall meeting.
Five 32-stall barns were finished.