TrademarksGlobal
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…
Saturday, June 20, 2026
PatentsUSA
Maryland has invoked its statutory right of first refusal to purchase the intellectual property rights of the Preakness Stakes and Black-Eyed Susan Stakes from 1/ST Maryland LLC. This move effectively halts Churchill Downs’ $85 million offer made in April to acquire the IP. Governor Wes Moore emphasized the importance…
Thursday, June 18, 2026
PatentsUSA
Maryland has announced its intent to match an $85 million bid by Churchill Downs Inc. to acquire the intellectual property rights of the Preakness Stakes and Black-Eyed Susan Stakes. By exercising its right of first refusal, Maryland aims to retain ownership of these iconic racing assets, ensuring long-term control ov…
Thursday, June 18, 2026