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Churchill Downs Incorporated’s April 2026 agreement to acquire the intellectual property rights to Maryland’s Preakness and Black Eyed Susan Stakes from 1/ST Maryland LLC, controlled by the Stronach family, has sparked debate over the state’s substantial investments exceeding $500 million in horse racing infrastructur…
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Maryland Faces Critical Decision Over Preakness Stakes Intellectual Property Amid $500M Investment Churchill Downs Incorporated’s April 2026 agreement to acquire the intellectual property rights to Maryland’s Preakness and Black Eyed Susan Stakes from 1/ST Maryland LLC, controlled by the Stronach family, has sparked... Read the full IIPLA article: https://iipla.org/news/maryland-faces-critical-decision-over-preakness-stakes-intellectual-property-amid-500m-investment