• Finalize an agreement with 1/ST/The Stronach Group to transfer control of day-to-day Maryland racing and acquire title to Pimlico.
• Finalize a licensing agreement with 1/ST/The Stronach Group to operate and promote the Preakness Stakes and the Black-Eyed Susan Stakes.
• Develop a detailed transition plan for Maryland racing to move from a for-profit model to a public/not-for-profit model by January 1, 2025.
• Seek approval to assume control of Maryland horse racing and to fund the Authority recommendations.
• Take all necessary steps to finalize a decision for the acquisition of property for a training location.
• Engage a design consultant to develop detailed plans for the Pimlico site and the training location and launch the permitting process.
• Identify or create a not-for-profit operator for Maryland racing, in consultation with all necessary Maryland officials and industry professionals.
• Maintain Laurel Park as a transitional facility for live racing and training during the expected four-year construction and transition period needed to develop Pimlico as a premier racing hub.
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All ambitions are lawful except those which climb upward on the miseries or credulities of mankind. ~ Joseph Conrad
A long habit of not thinking a thing wrong, gives it a superficial appearance of being right. ~ Thomas Paine
Don't let anyone tell you that your dreams can't come true. They are only afraid that theirs won't and yours will. ~ Robert Evans
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