Sports & Whatever

Tag: preakness

  • What CDI Does With Tracks It Owns

    What CDI Does With Tracks It Owns

    Churchill Downs Incorporated (CDI) has a documented strategy for acquiring and managing racetracks, evident in its closure of Arlington Park and relocation of prestigious races to Colonial Downs. Maryland’s $85 million investment to secure the Preakness IP aimed to prevent such an outcome, ensuring the race’s future remains tied to its heritage, not CDI’s corporate…

  • 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.

  • Preakness Parties on the Public Dime: Pimlico’s Rebuild and the Forgotten Cost to Taxpayers

    Preakness Parties on the Public Dime: Pimlico’s Rebuild and the Forgotten Cost to Taxpayers

    Maryland’s approval to modernize Pimlico Race Course, home of the Preakness Stakes, has garnered enthusiasm for potential economic benefits. However, significant taxpayer funding for politically charged parties raises concerns about transparency and equity. With residents facing fiscal challenges, there is a call for accountability to ensure fair access and responsible spending.