Refusal Retain

Maryland Exercises Right of First Refusal to Retain Preakness Stakes Trademarks from Churchill Downs

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…