Churchill Downs Secures Intellectual Property Rights to Preakness Stakes, Maryland Retains Operational Control
The acquisition grants Churchill Downs branding and business rights to the Preakness and Black-Eyed Susan Stakes, with Maryland maintaining racecourse ownership and event manageme…
Churchill Downs Incorporated announced the acquisition of intellectual property rights related to the Preakness Stakes and Black-Eyed Susan Stakes, two hallmark horse racing events in Maryland. While Churchill Downs will manage the business and branding aspects, the state of Maryland will continue to operate the races…
