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The price of Preakness: a $500 million state infusion, a $5 million annual fee

Summary by The Baltimore Banner
Accusations of irresponsible spending and an abrupt restructuring of the central power overseeing Maryland thoroughbred racing haven’t changed the industry’s most pressing challenge: making the economics work.

2 Articles

The Baltimore BannerThe Baltimore Banner
Lean Left

The price of Preakness: a $500 million state infusion, a $5 million annual fee

Accusations of irresponsible spending and an abrupt restructuring of the central power overseeing Maryland thoroughbred racing haven’t changed the industry’s most pressing challenge: making the economics work.

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Maryland Daily RecordMaryland Daily Record
Lean Left

Stadium Authority member questions spending at horse racing board slated for elimination

A Maryland official raised spending concerns as the state’s horse racing authority faces early shutdown amid calls for transparency and oversight.

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  • 100% of the sources lean Left
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Maryland Daily Record broke the news in on Tuesday, May 6, 2025.
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