The board of the Lappeenranta racetrack has officially reversed its prior decision regarding the explanation of CEO Teemu Keskitalo's dismissal. They publicly announced that the firing was linked to the organization of next year's Kuninkuusravit, a major horse racing event in Finland. Timo Saksela, the chairman of the board, highlighted that there were significant shortcomings in the execution of sales and partnerships, as well as in financial processes and oversight. These lapses led to the decision to replace Keskitalo as the event approached.

Saksela noted that corrective measures to address these deficiencies had not been executed timely or adequately, and discussions about rectifying the issues had been ongoing for over a year. He emphasized the importance of proper leadership in preparation for the Kuninkuusravit, stating that the new CEO must lead with the precision necessary for such a large event. This reflects the board's prioritization of professionalism and accountability in the midst of what is expected to be a significant operational undertaking.

In contrast, Teemu Keskitalo has expressed his disagreement with the board's reasoning for his firing. While he acknowledges the board's statement, he insists that his views differ significantly from theirs. This public dispute may hint at deeper issues within the racetrack's management and raises questions about the future direction of the organization as it gears up for a pivotal event in the Finnish equestrian calendar.