In a recent discussion, legendary horse racing insider Dick Jerardi shared insights on the future of the Preakness Stakes and the horse racing industry with Nestor Aparicio. This year marks the last Preakness at the current Pimlico facility, as plans for a significant renovation are underway. Jerardi expressed optimism about the future, citing new management and state investment as potential catalysts for revitalizing the event, which has seen declining attendance and interest in recent years.

Jerardi highlighted the importance of attracting younger audiences and suggested moving the Preakness to early June to increase the chances of having the Kentucky Derby winner participate. He emphasized that the current scheduling conflicts with the Belmont Stakes hinder the Preakness’s appeal and that a collaborative approach among stakeholders is essential for the sport’s revival. The conversation also touched on the need for horse racing to adapt to modern entertainment trends to engage a broader demographic.

Despite the challenges facing the industry, including competition from other forms of gambling and a lack of youth engagement, Jerardi remains hopeful. He believes that with the right vision and management, the Preakness can regain its status as a premier event in horse racing, drawing in both traditional fans and new audiences alike.