Annapolis, MD - July 23, 2025 - Maryland officials are doubling down that the demolition and redevelopment of the state’s flagship racetrack will remain on schedule, despite a key funding source not yet issued, limited activity at the government-controlled site, and the developer abruptly altering details on its website after being questioned.

Spotlight on Maryland has been monitoring the more than $500 million Pimlico Race Course redevelopment project in Baltimore’s Park Heights neighborhood since the start of the year.

During the 2024 legislative session, the Maryland General Assembly successfully revived a 2020 framework bill to redevelop Pimlico, the nation’s second-oldest horse racing track.

Maryland Gov. Wes Moore and the Maryland Stadium Authority (MSA) celebrated the signing of the Pimlico redevelopment bill into law as a victory to “keep the Preakness in Maryland." The MSA website said early Monday morning that the project would follow a dedicated two-year plan to restore horse racing at the historic northwest Baltimore site, involving complete demolition and rebuilding of the site.... Read More: FOX45