TrademarksUSA
The State of Maryland has declared its intent to exercise its right of first refusal to purchase the intellectual property rights to the Preakness Stakes and Black-Eyed Susan from Churchill Downs, Inc. This strategic acquisition, funded through tax-exempt bonds without using General Fund dollars, consolidates Maryland…
Thursday, June 18, 2026
PatentsUSA
Maryland Governor Wes Moore announced the state will match Churchill Downs’ $85 million bid to purchase the intellectual property rights to the Preakness Stakes and Black-Eyed Susan Stakes. The acquisition will be financed through 30-year bonds issued by the Maryland Economic Development Corporation, with debt service…
Thursday, June 18, 2026
PatentsUSA
Maryland Governor Wes Moore announced the state's intent to acquire the intellectual property rights to the Preakness Stakes and Black-Eyed Susan races by matching an $85 million offer from Churchill Downs Inc. The acquisition will be funded through tax-exempt bonds without using General Fund dollars, ensuring that re…
Thursday, June 18, 2026