Login

Maryland buys racetrack with plans to convert it to horse training facility

Seller also parts with intellectual property for the iconic Preakness race
The Maryland Stadium Authority’s board approved a $48.5 million agreement to purchase the 229-acre Laurel Park from 1/ST. (CoStar)
The Maryland Stadium Authority’s board approved a $48.5 million agreement to purchase the 229-acre Laurel Park from 1/ST. (CoStar)

An entertainment company that oversaw the Preakness Stakes horserace in Maryland sold the host track and affiliated intellectual property just weeks before the event.

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In

IN THIS ARTICLE