BALTIMORE (AP) — A new study calls for the 148-year-old Baltimore race track that hosts one of America’s premier horse races to be demolished and rebuilt at a cost of $424 million.
In a report issued Thursday, the Maryland Stadium Authority recommends tearing down all existing structures at Pimlico Race Course. The old track hosts the Preakness Stakes, the middle jewel of the Triple Crown of thoroughbred horse racing.
The report says the Baltimore track’s conditions present major challenges threatening “its continued existence and the success of the Preakness Stakes.”
The Stronach Group development company owns and operates Pimlico. It has looked at a fresher track it owns in Laurel Park — located about 30 miles south of Pimlico — as a viable option for the Preakness.
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