PatentsUSA
Maryland Secures Full Intellectual Property Rights to Preakness Stakes in $85 Million Acquisition
The State of Maryland has completed the acquisition of intellectual property rights for the Preakness Stakes and Black Eyed Susan from 1/ST Racing, matching an $85 million offer by Churchill Downs, Inc. This strategic move, financed through Maryland Economic Development Corporation notes without using General Fund tax…
Thursday, July 30, 2026