CHURCHILL DOWNS BUYS PREAKNESS STAKES, A MOVE THAT COULD SHAKE UP TRIPLE CROWN
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βοΈ Churchill Downs Inc. has acquired the intellectual property rights to the Preakness Stakes for $85 million, potentially reshaping horse racing's Triple Crown.
π Churchill Downs Inc. acquired the intellectual property rights to the Preakness Stakes for $85 million π The acquisition gives Churchill Downs control over the Preakness Stakes and potentially allows it to move the date of the race π The move could lead to changes in the Triple Crown format π Churchill Downs will pay a license fee to the state of Maryland to conduct the Preakness
-- #BillMott #BillCarstanjen #Kentucky #Pimlico #Maryland #Baltimore #LaurelPark #NewYork #sports
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