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City Officials and Pimlico Owners Still In Discussions (BBJ Story)

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The Baltimore Business Journal
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A negotiating team made up of Baltimore City officials and the owners of Pimlico Race Course have been talking almost daily about how they can come to an agreement over the future of the 149-year-old track, the Preakness Stakes and Maryland's horse racing industry. 

The team was formed after the city and the Stronach Group, which owns Pimlico, withdrew lawsuits on the issue earlier this month. The city and Stronach Group have been fighting about the future of the Preakness for months. Baltimore officials want to keep the race in the city and rebuild Pimlico under a plan outlined by the Maryland Stadium Authority. Stronach wants to move the second jewel of horse racing's Triple Crown 30 miles south to Laurel Park, where the Ontario, Canada-based company plans to build a so-called "super track."

READ THE FULL STORY ON THE BBJ WEBSITE.

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