Maryland exercises its right to match an $85 million offer to keep Preakness branding rights

Yahoo Sports•Sun, Jun 21, 2026, 05:05 PM•2 min read

Maryland Gov. Wes Moore said the state will exercise its right of first refusal to match Churchill Downs Incorporated’s $85 million offer for intellectual property of the Preakness Stakes and Black-Eyed Susan Stakes.

Source: [Yahoo Sports](https://sports.yahoo.com/articles/maryland-exercises-match-85-million-170508739.html)

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