Maryland Gov. Moore weighs Preakness rights purchase; lawmakers are opposed

LAUREL, Md. – Maryland’s interest in purchasing the rights to the Preakness Stakes’ brand for $85 million was a highlight of conversation Saturday at Laurel Park ahead of the 151st running of the historic race.

And while Gov. Wes Moore won’t say whether the state will purchase the race’s intellectual property rights, or where that money would come from if it decides to do so; a bipartisan group of Maryland legislators is already opposed.

“We want to make sure that we are investing in supporting this industry,” Moore told a group of reporters in an open field adjacent to the race track at Laurel Park. “We want to make sure that the Preakness will never leave the state of Maryland.”…

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