Horse Racing
Maryland buys Preakness Stakes to keep Triple Crown racing in the state
Maryland has announced plans to buy the Preakness Stakes, keeping the Triple Crown race in the state and quashing concerns that a for-profit company would move it.
Maryland exercises its right to match an $85 million offer to keep Preakness branding rights
Maryland Gov. Wes Moore said Thursday the state will exercise its right of first refusal to match Churchill Downs Incorporated’s $85 million offer for the intellectual property of the Preakness Stakes and the Black-Eyed Susan Stakes.
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