Baltimore neighbors fear Preakness future at Pimlico
wbaltv.com • • sports
Key Points:
- Residents and business owners near Pimlico express pride in the Preakness Stakes' history and economic benefits, including job creation and increased customers during race events.
- Concerns arise after Churchill Downs and the New York Racing Association announced a new six-race thoroughbred championship series that excludes the Preakness and Pimlico races.
- Local community members and economists warn the exclusion may significantly harm the Preakness' prestige and the economic vitality of the surrounding neighborhood and city.
- The state of Maryland currently holds the intellectual rights to the Preakness after matching Churchill Downs' $85 million offer, but uncertainty about the event's future is causing apprehension about the investment's value.
- Governor Wes Moore plans to make a major announcement about the Preakness, while local organizations emphasize their commitment to community-centered development and sustained investment in Park Heights.
