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BALTIMORE, MARYLAND – MAY 18: Jockey Jaime Torres riding Seize the Grey #6 wins the 149th running of the Preakness Stakes at Pimlico Race Course on May 18, 2024 in Baltimore, Maryland. (Photo by Samuel Corum\/Getty Images) <\/p>\n
MARYLAND<\/strong> – One of horse racing\u2019s biggest companies is moving to take control of one of its most iconic events.<\/p>\n What we know:<\/p>\n Churchill Downs Incorporated<\/a> announced it has reached a definitive agreement to acquire<\/a> the intellectual property rights to the Preakness Stakes<\/a>.<\/p>\n The deal focuses on the brand and commercial rights<\/strong> tied to the race, not the physical racetrack.<\/p>\n That includes trademarks, naming rights and other assets that determine how the event is marketed and monetized.<\/p>\n Churchill Downs is best known for operating the Kentucky Derby, the most prominent race in American horse racing.<\/p>\n (Original Caption) PIMLICO RACE COURSE, MD: Going into the first turn of the Preakness Stakes 5\/19 Secretariat, the winner of the second jewel of the triple crown, is running last in a field of 6 horses. Behind Secretariat at the finish was Sham in 2 <\/p>\n Why you should care:<\/p>\n The Preakness Stakes is one of the three races that make up the Triple Crown.<\/p>\n By acquiring the intellectual property, Churchill Downs would gain significant influence over how the race is presented and managed moving forward.<\/p>\n The move also signals a broader consolidation in the horse racing industry, where major companies are increasingly controlling key events.<\/p>\n What we don’t know:<\/p>\n It remains unclear how the deal could affect the long-term future of the race\u2019s location or operations.<\/p>\n Officials have not outlined any immediate changes to how the Preakness will be run.<\/p>\n What’s next:<\/p>\n The deal is expected to move forward following standard approvals.<\/p>\n More details about the future of the Preakness and how it will be managed under Churchill Downs could be released in the coming months.<\/p>\n The Source:<\/b> This article was written using information from Churchill Downs Incorporated.<\/p>\n Entertainment<\/a>Sports<\/a>Maryland<\/a> <\/p>\n","protected":false},"excerpt":{"rendered":"article BALTIMORE, MARYLAND – MAY 18: Jockey Jaime Torres riding Seize the Grey #6 wins the 149th running…\n","protected":false},"author":2,"featured_media":909130,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[4107],"tags":[77,288,46048,12,1071,79,16,15,978],"class_list":["post-909129","post","type-post","status-publish","format-standard","has-post-thumbnail","category-racing","tag-entertainment","tag-horse-racing","tag-md","tag-news","tag-racing","tag-sports","tag-uk","tag-united-kingdom","tag-us"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/116443291631758152","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/909129","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=909129"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/909129\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/909130"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=909129"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=909129"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=909129"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}![\"\"](\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2026\/04\/gettyimages-515575242-scaled.jpg\")
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