Maryland Purchases Laurel Park for $48.5M
Key Questions
What purchase did Maryland approve for Laurel Park?
The state's Board of Public Works approved the $48.5 million purchase of Laurel Park, making Maryland the owner of both Laurel and Pimlico.
What is the planned use for Laurel Park?
Laurel Park will become a thoroughbred training hub as part of the state's long-term commitment to racing.
How might this affect the Preakness Stakes?
The purchase signals ongoing state support for Maryland racing, which could influence the future of the Preakness and regional events.
Maryland's Board of Public Works approved the $48.5 million purchase of Laurel Park, making the state owner of both Laurel and Pimlico. Laurel will become a training hub, signaling long-term commitment to racing in the state and potential impacts on Preakness and regional racing.
Sources (2)
Updated Jul 7, 2026