Churchill Downs Incorporated Secures Preakness Stakes and Black-Eyed Susan Stakes Trademarks in $85 Million Deal
Acquisition of iconic horse racing intellectual property marks strategic expansion for Churchill Downs, with transaction completion slated post-2026 Preakness Stakes
Churchill Downs Incorporated (CDHN) has entered into a definitive agreement to acquire all trademarks and associated intellectual property rights for the Preakness Stakes and Black-Eyed Susan Stakes. Valued at $85 million, the deal underscores CDHN's commitment to consolidating premier horse racing assets. The transac…

