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#19
01-06-2024, 01:55 AM
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• 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 The Party told you to reject the evidence of your eyes and ears. It was their final, most essential command. ~ George Orwell, 1984. 
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