Sports & Whatever

Category: Horse Racing

  • The Governor Bought a Horse Race

    The Governor Bought a Horse Race

    Governor Wes Moore’s administration committed $85 million in taxpayer funds to acquire the Preakness Stakes brand, amid rising costs and budget deficits in Maryland. Critics argue this move prioritizes political gain over essential infrastructure needs and question the governance and management of this state-owned commercial property, with significant financial risks involved.

  • Maryland Is Bleeding Money. Voters Have a Choice.

    Maryland Is Bleeding Money. Voters Have a Choice.

    Maryland’s upcoming Republican primary reveals significant governance failures under Wes Moore’s administration, particularly regarding costly public investments in racing. The state faces scrutiny over mismanaged deals like the Churchill Downs acquisition. Republican candidates Dan Cox, Ed Hale, and John Myrick offer specialized skills to address these procurement and legal issues, challenging Moore’s record.

  • Maryland Is Trying to Buy Back a Race It Never Should Have Lost

    Maryland Is Trying to Buy Back a Race It Never Should Have Lost

    Maryland plans to spend $85 million to reacquire the Preakness Stakes brand, previously owned by Churchill Downs Incorporated (CDI). The state’s history of mismanagement raises concerns about its ability to effectively steward racing assets. CDI, with its successful track record, holds significant leverage in the negotiations.

  • Did Churchill Downs Give Wes Moore Buyer’s Remorse?

    Did Churchill Downs Give Wes Moore Buyer’s Remorse?

    Governor Wes Moore’s $48.5 million purchase of Laurel Park, aimed at strengthening Maryland’s thoroughbred racing industry, faces a 45-day financial review that raises concerns. Past mismanagement and Churchill Downs’ acquisition of the Preakness name limit the state’s leverage. Moore must clarify if the investment strategy remains solid amid these challenges.

  • The Preakness Doesn’t Need the Derby Winner. It Needs a Reason to Matter.

    The Preakness Doesn’t Need the Derby Winner. It Needs a Reason to Matter.

    Golden Tempo will skip the Preakness Stakes for health reasons, highlighting a broader issue in Maryland’s horse racing industry. The current Triple Crown format relies too heavily on Derby winners, diminishing the Preakness’s significance. A proposed championship structure could enhance its value and attract competitors, ensuring it remains relevant regardless of Derby participation.