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Maryland Acquire

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PatentsUSA

Maryland Moves to Acquire Preakness Stakes Intellectual Property for $85 Million

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
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