Maryland Gov. Wes Moore said Thursday the state will exercise its right of first refusal to match Churchill Downs Incorporated’s $85 million offer for the intellectual property of the Preakness Stakes ...

Nearly two months after Churchill Downs Inc. said it would acquire the intellectual property rights for another one of thoroughbred horseracing's most legendary races, Maryland is fighting back.

The state of Maryland has exercised the right of first refusal to match Churchill Downs' $85 million offer for the Preakness Stakes intellectual property, according to a news release from the office ...

The Maryland Jockey Club (TMJC) recognizes and applauds Governor Moore’s decision to exercise the State of Maryland’s right of first refusal and to acquire the intellectual property rights to the ...

Get any of our free daily email newsletters — news headlines, opinion, e-edition, obituaries and more. Maryland Gov. Wes Moore said Thursday the state will exercise its right of first refusal to match ...

FILE - A broadcast shows staff painting the new colors of Paco Lopez and Napoleon Solo on the Pimlico weather vane after they won the 151st running of the Preakness Stakes horse race, May 16, 2026, at ...