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Thursday, May 14, 2026

Churchill Downs Incorporated Secures Preakness Stakes and Black-Eyed Susan Stakes Trademarks in $85 Million Deal

Acquisition of iconic horse racing intellectual property marks strategic expansion for Churchill Downs, with transaction completion slated post-2026 Preakness Stakes

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Churchill Downs Incorporated Secures Preakness Stakes and Black-Eyed Susan Stakes Trademarks in $85 Million Deal
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Churchill Downs Incorporated (CDHN) has entered into a definitive agreement to acquire all trademarks and associated intellectual property rights for the Preakness Stakes and Black-Eyed Susan Stakes. Valued at $85 million, the deal underscores CDHN's commitment to consolidating premier horse racing assets. The transac…
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Churchill Downs Incorporated Secures Preakness Stakes and Black-Eyed Susan Stakes Trademarks in $85 Million Deal Churchill Downs Incorporated (CDHN) has entered into a definitive agreement to acquire all trademarks and associated intellectual property rights for the Preakness Stakes and Black-Eyed Susan Stakes. Valued at $85 milli... Read the full IIPLA article: https://iipla.org/news/churchill-downs-incorporated-secures-preakness-stakes-and-black-eyed-susan-stakes-trademarks-in-85-million-deal

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