PatentsUSA
Maryland Allocates $85 Million to Acquire Preakness Stakes and Black-Eyed Susan IP Rights
Maryland is investing $85 million to obtain intellectual property rights for the Preakness Stakes and Black-Eyed Susan, matching a prior bid from Churchill Downs. The acquisition, funded through a tax-exempt bond, aims to protect the state's horseracing legacy and reduce future licensing costs.
Thursday, June 18, 2026