The Maryland Board of Public Works has approved a $14.3 million contract to demolish and rebuild the historic Pimlico Race Course, home of the Preakness Stakes. This decision comes just ten days before the 150th running of the race, which will be the last held at the current venue before construction begins. Governor Wes Moore emphasized the project’s potential to transform Pimlico into a year-round economic hub for the Park Heights community.
The redevelopment plan includes relocating the Preakness to Laurel Park in 2026 while the new facility is constructed, with a return to Pimlico anticipated for the 2027 race. The new design aims to significantly increase the number of races held annually, from about 15 to over 100, positioning Pimlico as the central location for Maryland thoroughbred racing.
The initiative is seen as more than just a racetrack renovation; it represents a substantial investment in the Park Heights area, with plans for a new clubhouse inspired by local architecture. The state has been addressing the aging infrastructure of Pimlico for years, with safety concerns leading to the closure of thousands of grandstand seats. This redevelopment is viewed as crucial for the future of horse racing and the preservation of green space in Maryland.