maryland stadium authority

New Direction: Goal To ‘Preserve And Enhance’ Preakness At Pimlico

The Stronach Group appears to have changed its mind about moving the Preakness away from Pimlico Race Course in Baltimore, according to┬áMaryland Matters. The track is in need of significant renovations, and Stronach has spent the past several years devoting the majority of its resources to nearby Laurel Park, but Pimlico’s 144-year history may not […]

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Baltimore Mayor Withdraws Lawsuit Against Pimlico’s Owner Over Possible Preakness Move To Laurel Park

Baltimore Mayor Bernard “Jack” Young announced on Wednesday that the city has dropped a lawsuit against the owner and operator of Pimlico racetrack, host of the Preakness Stakes. In March, then-Mayor Catherine Pugh sued The Stronach Group and its Maryland racing division, the Maryland Jockey Club, which owns and operates both Pimlico and Laurel Park. […]

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Baltimore Mayor Sues Stronach Group In Effort To Block Preakness Move To Laurel

Baltimore Mayor Catherine Pugh and three residents of the Park Heights neighborhood near Pimlico race course have filed a lawsuit against The Stronach Group, owners of Pimlico and Laurel Park, in an effort to keep the company from moving the Triple Crown’s middle jewel, the Preakness Stakes, from Pimlico to Laurel, according to the Baltimore […]

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Study Projects $424 Million Price Tag To Keep Preakness At Pimlico

Phase 2 of a study by the Maryland Stadium Authority has concluded it will cost $424 million to rebuild Pimlico Race Course in order to keep the Preakness Stakes in Baltimore. The study, released on Thursday, did not spell out where the money to rebuild the aging racetrack would come from, although Baltimore Mayor Catherine […]

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‘We Believe In The Future Of Horse Racing’: Belinda Stronach Outlines Plans For Company’s Assets

While the lawsuit filed Oct. 1 by Frank and Elfriede Stronach against their daughter Belinda over her management of the family’s privately held business and various trusts plays out in Ontario Superior Court in Canada, Belinda Stronach and the management team she has assembled at The Stronach Group are moving forward with strategic, long-range plans […]

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Ritvo: Economic Study To Determine Future Home Of Preakness

Tim Ritvo, chief operating officer of The Stronach Group, owner of Pimlico and Laurel Park in Maryland, said results from the second phase of a Maryland Stadium Authority market and economic study will determine the future of the Preakness Stakes. The first phase of the study, completed in February 2017, put a cost estimate of […]

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Preakness At Pimlico Through 2019, But No More ‘Kicking The Can Down The Road’

The middle jewel of the Triple Crown will be held at Maryland’s historic Pimlico racecourse for at least one more year, according to the┬áBaltimore Sun. Beyond that, The Stronach Group officials are not speculating on whether the Preakness will continue to be held at the track built in 1870, or will be moved to the […]

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Pimlico Renovation Priced At $300 Million, Would Require ‘Huge Public Commitment’

The Maryland Stadium Authority released a study Friday afternoon pricing the cost of renovating Baltimore’s Pimlico Race Course at $300 million. Maryland is interested in pursuing “public-private partnerships” in order to modernize the home of the state’s largest sporting event, according to the Baltimore Sun. “I am very optimistic about the report,” said Baltimore Mayor […]

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