"Maryland's New Plan Proposes State-Led Revitalization of Historic Pimlico Race Course"
The Stronach Group is handing over the Pimlico Race Course to the state of Maryland for rebuilding, marking a significant shift in the state's horse racing operations. The Preakness Stakes will temporarily move to Laurel Park for 2025 and 2026, with plans for Pimlico to become the permanent racing and training hub post-reconstruction. Laurel Park is expected to close after more than a century of racing, and its property may be sold. The Maryland Thoroughbred Racetrack Operating Authority will take over day-to-day racing and training, with the state legislature's approval pending. This move is part of a broader effort to revitalize Maryland's thoroughbred racing industry.