Baltimore suit could have profound impact on racing industry
IF successful, Baltimore’s lawsuit would leave the city in charge of Pimlico and the Preakness – and could spike Stronach Group plans to transform Laurel.
IF successful, Baltimore’s lawsuit would leave the city in charge of Pimlico and the Preakness – and could spike Stronach Group plans to transform Laurel.
Baltimore Mayor Catherine Pugh has filed suit seeking to take via condemnation Pimlico Race Course and the Preakness Stakes.
After a second Pimlico hearing in three days in Annapolis, the burden falls to lawmakers to make decisions about the track and the industry’s future.
Maryland racing interests won’t oppose a Pimlico study bill in Annapolis – but continue to push hard for support for a Laurel Park “super track.”
Dueling pieces of legislation – and a pair of accusatory letters – have meant the gloves are off regarding the future of Pimlico.
With the release of the second phase of the Maryland Stadium Authority study on Pimlico, momentum is building towards a resolution of one kind or another. We believe three principles must guide those decisions.
The second phase of the Maryland Stadium Authority says it will cost $424 million to demolish and rebuild Pimlico to make it viable as a long-term Preakness home.
In a statement, Baltimore mayor Catherine Pugh named keeping the Preakness in the city a top goal for the current General Assembly session.