FILE - National Treasure, bottom left, with John Velazquez, leads the pack toward the first turn during the148th running of the Preakness Stakes horse race at Pimlico Race Course, May 20, 2023, in Baltimore. Maryland Gov. Wes Moore signed a measure on Thursday, May 9, 2024, to rebuild Baltimore’s historic but antiquated Pimlico Race Course and transfer the track to state control.
The plan also calls for transferring Pimlico from the Stronach Group, which is the current owner of Pimlico and nearby Laurel Park, to a newly formed nonprofit that would operate under the state. Maryland lawmakers approved a plan in 2020 to rebuild the track, but it never got off the ground. The new plan increases the amount of state bonds to be used from $375 million to $400 million. The plan also calls for a training facility, with details to be determined.
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