Mr. Rankin serves as Chairman of the Board of Louisville insurance firm, The Sterling G. Thompson Company, and Chairman of the Board of Churchill Downs, Inc. He also serves as Chairman and President of Upson Downs Farm in Goshen, Kentucky and is a Steward of The Jockey Club. He is the former Chairman and current Trustee of the James Graham Brown Foundation. Mr. Rankin previously served as President of The Kentucky Derby Museum, The Kentucky Thoroughbred Association, and The Kentucky Thoroughbred Owner and Breeders Association.
Mr. Rankin graduated with honors from the University of North Carolina at Chapel Hill.