Maryland exercises its right to match an $85 million offer to keep Preakness branding rights

Maryland exercises its right to match an $85 million offer to keep Preakness branding rights

Maryland Gov. Wes Moore said Thursday the state will exercise its right of first refusal to match Churchill Downs Incorporated’s $85 million offer for the intellectual property of the Preakness Stakes and the Black-Eyed Susan Stakes. Churchill Downs Inc., which runs the Kentucky Derby to open the T...

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