The Guardian Australia – Sport
·sport
·2 hours ago
Churchill Downs strikes $85m deal for Preakness intellectual property rights
Churchill Downs announced on Tuesday it will acquire the intellectual property rights to the Preakness Stakes for $85 million from 1/ST Maryland LLC. The deal allows Maryland to continue staging the race under a licensing arrangement. As part of an evolving Triple Crown schedule, discussions are underway to potentially delay the Preakness to three weeks after the Kentucky Derby.
Summary by Glance · The Guardian Australia – Sport
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