Maryland Gov. Wes Moore has signed a measure to rebuild Baltimore’s historic but antiquated Pimlico Race Course and transfer the track to state control. Under the new law, Maryland can use $400 million in state bonds to rebuild the home of the second jewel of horse racing’s Triple Crown, the Preakness Stakes.
FILE - National Treasure, bottom left, with John Velazquez, leads the pack toward the first turn during the148th running of the Preakness Stakes horse race at Pimlico Race Course, May 20, 2023, in Baltimore. Maryland Gov. Wes Moore signed a measure on Thursday, May 9, 2024, to rebuild Baltimore’s historic but antiquated Pimlico Race Course and transfer the track to state control. Maryland Gov. Wes Moore signs legislation, Thursday, May 9, 2024, in Annapolis, Md.
“Because of this bill, we have a path forward to continue running the Preakness in Maryland and renovate the historic Pimlico Race Course,” Maryland House Speaker Adrienne Jones, a Democrat, said as Moore nodded in agreement at a ceremony. “This bill will create lasting economic benefits to the state and the Baltimore region.”
Under the plan, the Preakness would relocate to Laurel Park in 2026 while the new facility is being built, before returning to Pimlico, likely in 2027. The temporary move would come as the third Triple Crown race, the Belmont Stakes, is scheduled to return to Belmont Park from a two-year hiatus at Saratoga Race Course while the New York track undergoes a $455 million reconstruction.
Aptly nicknamed Old Hilltop, the track opened in 1870. It’s where Man o’ War, Seabiscuit, Secretariat and many others pranced to the winner’s circle. It is the nation’s second oldest racetrack behind Saratoga, which debuted in 1864.
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