Total handle on the May 17 Preakness Stakes Day program at Pimlico Race Course topped $60 million for the third consecutive year, but it was down 9.5% from last year, according to figures released May 21 by the Maryland Jockey Club.
It appears that Kentucky Derby winner Funny Cide will van down to Pimlico from New York on May 14, a day after the New York-bred puts in his final Preakness work. Owner Jack Knowlton informed Maryland Jockey Club officials of his horse's plans for the Preakness Stakes (gr. I) Wednesday afternoon.
Magna Entertainment Corp. reported a $6-million decrease in net income for the first quarter of 2003 compared with the same period in 2002, according to a financial statement released April 30.
A proposal for racetrack slot machines is up for a vote in Maryland April 2, but a key legislator said the measure would fail.
The Maryland Jockey Club has unveiled a $420 million plan for tearing down and rebuilding its tracks and training facilities if the General Assembly adopts Gov. Robert L. Ehrlich Jr.'s proposal for slot machines at racetracks.
Baltimore Mayor Martin O'Malley and former mayor William Donald Schaefer have urged lawmakers to pass legislation to ensure the Preakness Stakes at Pimlico Race Course remains in Baltimore.
For the fifth time this month, the Maryland Jockey Club Wednesday canceled live racing at Laurel Park because of inclement weather in the Baltimore and Washington D.C. areas.
With the 90-day session of the General Assembly at its midpoint, the effort to legalize slot machines at Maryland racetracks has bogged down. Gov. Robert Ehrlich Jr. has gone back to the drawing board with his proposal which had, incredibly, angered nearly everyone.
Blizzard-like conditions in the Baltimore/Washington D.C. area wiped out racing at Laurel Park for the entire Presidents' Day weekend, forcing the Maryland Jockey Club to reschedule the winter meeting's two major stakes this Saturday. At Aqueduct, racing was postponed after Sunday's first race and for Monday's entire card/
Because of the snow in the Baltimore and Washington D.C. areas the Maryland Jockey Club has canceled live racing at Laurel Park Saturday and Sunday. Severe winter weather also forced Turfway Park to cancel its live racing Saturday, the third consecutive day the track has been closed.
Champion Xtra Heat has been immortalized as a bobblehead doll. The Maryland Jockey Club will distribute 4,000 Xtra Heat bobbleheads to paying customers attending the February 17th racing program, a card featuring the General George Handicap (gr. II).
Bettors on May 16-17 will be able to play the new "head-to-head wager" that debuted at the Breeders' Cup World Thoroughbred Championships. The wager will be offered on the Preakness Stakes, Black-Eyed Susan Stakes, Pimlico Special, and other stakes at Pimlico Race Course those two days.
Organization bylaws and changes in the industry landscape could lead the National Thoroughbred Racing Association to tweak its structure when the board of directors meets in early February for a meeting and long-range planning retreat. Meanwhile, the Thoroughbred Owners and Breeders Association has named John Amerman as its new NTRA representative.
The Maryland Jockey Club and the South Atlantic Amateur Boxing Association have entered an agreement to bring boxing to Laurel Park on Feb. 15.
The Virginia Racing Commission Jan. 15 approved a five-year deal between the Virginia Horsemen's Benevolent and Protective Association and Colonial Downs, and also heard of plans for a $2-million turf festival in the state.
A record-setting handle for the Preakness Stakes in May helped Pimlico and Laurel Park show improvement in 2002, according to the Maryland Jockey Club.
Revitalization of Pimlico Race Course could begin immediately and be completed within 24 months if slots legislation is passed in Maryland, Magna Entertainment Corp. president Jim McAlpine told members of the Maryland General Assembly on Monday.
The Maryland Racing Commission voted unanimously Nov. 13 to approve Magna Entertainment Corp. as majority owner of Laurel Park and Pimlico Race Course, turning the spotlight on Magna to begin fulfilling its promise for Maryland racing. The Preakness Stakes, second leg of the Triple Crown, is a big part of the equation.
Magna Entertainment reported across-the-board declines in revenue, net income, and earnings per share for the third quarter ending Sept. 30. The Ontario-based racing conglomerate also announced the resignation of two more directors, John York II and James Nichol, from its board of directors.
The Maryland Racing Commission approved the 2003 racing schedule at its monthly meeting. Live racing will be conducted on 220 days at Pimlico Race Course and Laurel Park next year. The 128th Preakness Stakes (gr. I) is May 17 at Pimlico.
In a compromise decision at the end of a long and difficult meeting, the owners of Rosecroft Raceway in Maryland voted to sell the Standardbred track to Centaur Inc., part owner of the Hoosier Park in Indiana and casinos in California and Colorado.
In his first public comments about specific plans for Maryland racing, Magna Entertainment chairman Frank Stronach said the company will tear down Pimlico Race Course and build a new track on the same site.
Racing in the region returns to Laurel Park Thursday and offers patrons free admission and programs to celebrate opening day.
Magna Entertainment has plans to transform Maryland's premier Thoroughbred racetracks into "destination entertainment centers," and apparently expand off-track wagering in the state. At this time, though, officials are reluctant to discuss details.
A Maryland Jockey Club attorney told Maryland legislators June 25 that no deal has been made to sell Laurel Park and Pimlico Race Course to Magna Entertainment, and that any deal would have to clear major regulatory hurdles.
Michael Flynn, executive vice president of the Maryland Horse Breeders Association, left the organization June 11. Flynn accepted the position earlier this year when Tim Capps resigned to take a position with the Maryland Jockey Club.
Tracks around the country are celebrating Belmont Stakes Day
The total all-sources handle for the Preakness Stakes (gr. I) reached $71,468,223, a 14% increase over last year, according to the Maryland Jockey Club.
The embattled racing industry in Maryland will receive $4.5 million--not $3 million as expected--from the state for Thoroughbred and Standardbred purses and breeders' funds. The money will become available July 1.
Magna Entertainment could complete a deal to buy Pimlico Race Course and Laurel Park within the next several weeks, according to a report by the Washington Times.
The Maryland Jockey Club has joined local, state, and federal law enforcement and other government agencies to develop and implement a thorough series of safety and security procedures May 17-18 for the Black-Eyed Susan Stakes and Preakness Stakes, respectively.
The Maryland Jockey Club will offer guaranteed minimum gross pools on its popular Pick 4 on Black-Eyed Susan and Preakness Days, May 17-18.
Youbet.com notched its second leg of the Triple Crown Monday when it signed a two-year marketing and content agreement with the Maryland Jockey Club.
The expected $4.5-million purse supplement for Maryland racing has apparently shrunk to $3 million, according to Mike Hopkins, acting executive director of the Maryland Racing Commission.
Maryland's beleaguered horse racing industry will begin receiving about $4.5 million in purse money from the state sometime after July 1. Racing leaders aren't sure how the money will be dispensed, but it will be available during the fiscal year that begins July 1, 2002, and ends June 30, 2003.
Pimlico Race Course, home of the Preakness Stakes, opens April 3 for its 11-week spring meet. The session will feature 28 stakes -- 10 of them graded -- worth $3.6 million.
Laurel Park posted gains in total handle and export handle for its winter meet that concluded Saturday.
The possible purchase of Laurel Park and Pimlico Racecourse by Magna Entertainment has drawn opposition from some members of the Maryland Racing Commission, according to a report in Friday's edition of the Washington Post.
The Maryland Jockey Club revealed Wednesday details of the accident to an exercise rider who was killed Tuesday morning during training at Pimlico Race Course near Baltimore.
Thoroughbred and Standardbred racing in Maryland probably will receive an infusion of about $4.5 million in the fiscal year beginning July 1 as the result of a recent flurry of activity in the General Assembly.
A projected revenue shortfall due to mare reproductive loss syndrome has led Breeders' Cup officials to negotiate with racetracks for a 1% cut of simulcast handle on stakes that include purse enhancements from the Breeders' Cup.
The Maryland Jockey Club reported a combined net income of $1,492,000 for Pimlico Race Course and Laurel Park for 2001, according to audited financial statements filed Friday with the state racing commission.
Leaders of Maryland's racing industry are scrambling to agree on a racing bill that could persuade the General Assembly to grant as much as $5 million for purses.
The Maryland Jockey Club and the Maryland Thoroughbred Horsemen's Association reached a four-year deal Feb. 27 that resolves conflict that has lingered for years over racing dates and stakes schedules. As part of the deal, though, the grade I Pimlico Special will be suspended for 2002.
Churchill Downs Inc. recently tried to buy Maryland's major thoroughbred tracks but failed because Joe De Francis, president and CEO of the Maryland Jockey Club, insisted on retaining management control, The Baltimore Sun reported Friday.
Churchill Downs made a serious attempt in recent weeks to acquire Pimlico and Laurel Park in Maryland. The deal fell apart, however, over issues of control.
Xtra Heat, the dual Eclipse Award finalist, has been nominated to two of the three stakes races scheduled for President's Day weekend at Laurel Park.
The Maryland Racing Commission deferred action Wednesday, Jan. 23, on two crucial issues after representatives of the Maryland horsemen's organization and Maryland Jockey Club clashed, often heatedly, on nearly every point.
The Maryland Jockey Club has hired Frank Carulli as racing analyst and handicapper effective Jan. 30. Carulli, 39, racing analyst and publicity coordinator at Charles Town, will take over duties at Pimlico and Laurel Park now shared by three people.
The Maryland Jockey Club unveiled the logo for the 2002 Preakness Stakes on May 18. The logo features a horse and jockey, and the Black-Eyed Susan flower against the backdrop of Pimlico's historic cupola.
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