Maryland Stadium Authority Statement - Transfer of the Intellectual Property for the Preakness Stakes to Churchill Downs
The Maryland Stadium Authority (MSA), in partnership with the Maryland Economic Development Corporation (MEDCO) and The Maryland Jockey Club (TMJC), is overseeing the transformation of Pimlico Race Course, home of the Preakness Stakes, into a year-round racing facility and acquiring Laurel Park to serve as the training center. These multi-year investments in Maryland horse racing will bring economic benefits to the state for many years to come.