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Maryland has matched Churchill Downs Incorporated’s $85 million bid to acquire the intellectual property rights to the Preakness Stakes and Black-Eyed Susan Stakes. This strategic move, confirmed by Governor Wes Moore and Churchill Downs, preserves state ownership of these historic racing trademarks amid ongoing Pimli…
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Maryland Exercises Right of First Refusal to Retain Preakness Stakes Trademarks from Churchill Downs Maryland has matched Churchill Downs Incorporated’s $85 million bid to acquire the intellectual property rights to the Preakness Stakes and Black-Eyed Susan Stakes. This strategic move, confirmed by Governor Wes Moore a... Read the full IIPLA article: https://iipla.org/news/maryland-exercises-right-of-first-refusal-to-retain-preakness-stakes-trademarks-from-churchill-downs