Tag: thoroughbred racing

  • The Commission Was Silent. A Soldier Wasn’t.

    The Commission Was Silent. A Soldier Wasn’t.

    Maryland’s Racing Commission met for the first time since significant changes in the horse racing schedule, mostly remaining silent on pressing issues. Retired Colonel Damon Knauss criticized the commission’s lack of action and proposed moving the Preakness to April to enhance its importance. His comments highlighted the need for proactive responses to recent challenges.

  • What Moore Announced — And What Comes Next

    What Moore Announced — And What Comes Next

    Governor Wes Moore’s press conference outlined major updates for the Preakness Stakes, including a historic Sunday date and a broadcasting deal with NBC through 2032. While the announcements were substantial, concerns about governance, competition with new racing series, and the economic implications for Maryland’s $633 million investment remain unaddressed.

  • The Hand They’re Not Playing: How Maryland Can Rebuild Horse Racing After the Preakness Shake-Up

    The Hand They’re Not Playing: How Maryland Can Rebuild Horse Racing After the Preakness Shake-Up

    Maryland faces a critical moment in revitalizing the Preakness and its horse racing legacy. With options to build independent coalitions and focus on a four-race calendar, Maryland has the chance to create a significant racing framework by 2028. Immediate action is necessary to secure this future and leverage its unique assets.

  • 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…

  • 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.

  • Derby Winners Are Skipping the Preakness. Maryland Is Spending $400 Million on It Anyway.

    Derby Winners Are Skipping the Preakness. Maryland Is Spending $400 Million on It Anyway.

    Cherie DeVaux Racing announced that Golden Tempo will not compete in the Preakness Stakes, continuing a trend of Derby winners opting out due to modern training practices and financial considerations. Maryland’s $400 million investment in Pimlico faces challenges, as the state lacks control over scheduling and racing decisions, with no Triple Crown winners since 2018.