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IIPLA Blog
Friday, May 1, 2026
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Maryland could match Churchill Downs’ deal for Preakness intellectual property

Churchill Downs announced last month its intent to buy the Preakness Stakes’ intellectual property for $85 million, creating more intrigue about the race’s future as the state is set to take control in 2027. But left unsaid is that Maryland has an opportunity to match the offer. The government is on the clock to consi…

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Maryland could match Churchill Downs’ deal for Preakness intellectual property
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Churchill Downs announced last month its intent to buy the Preakness Stakes’ intellectual property for $85 million, creating more intrigue about the race’s future as the state is set to take control in 2027. But left unsaid is that Maryland has an opportunity to match the offer. The government is on the clock to consi…