Maryland Secures Preakness Future

Maryland just snagged control of the Preakness and Black-Eyed Susan Stakes for $85 million, beating out Churchill Downs’ bid thanks to a first-refusal clause. With this move, the state now owns the iconic races and Pimlico Race Course — and plans to buy Laurel Park too — giving it full creative and financial control without future licensing fees. Governor Wes Moore calls the Preakness a cultural cornerstone, and the state aims to boost tourism, sponsorships, and jobs through a nonprofit-style operation, all funded by revenue bonds — not taxpayer dollars. They’re also open to collaborating with Churchill Downs to elevate the entire Triple Crown game. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/0f34da56f8c0eee9