Maryland Stadium Authority Announces Intent to Acquire Laurel Park, Redevelop as Statewide Thoroughbred Training Facility
BALTIMORE, MD — The Maryland Stadium Authority announced today that it has reached a tentative agreement with The Stronach Group to acquire Laurel Park for the purposes of redevelopment into a premier hub for thoroughbred training in Maryland. The deal is projected to save roughly $50 million and marks a strategic realignment of the State’s plans to transform the Pimlico Race Course into the heart of statewide thoroughbred racing, build a world-class horse training center, and secure the future of Maryland’s multi-billion dollar horse racing industry.