Maryland Thoroughbred Operating Authority

The year 2023 was a pretty rough one for the sport of horse racing, and there was little to suggest that this year would be any different. The sport seems to be caught in a downward spiral as we move from one crisis to another and are left to wonder "what next?" So far this year, the answer to that question is that maybe things will be better in 2024 than we might have thought. There have been several recent positive developments for the sport, many of them having to...

   This story is a deeper dive into the joint press release issued earlier Jan. 5 by The Stronach Group, the Maryland Jockey Club, and the Maryland Thoroughbred Racetrack Operating Authority. The latest recommendation in a years-long attempt by multiple stakeholders to consolidate Maryland racing at a single, reimagined racetrack now calls for a project dubbed "Pimlico Plus," with racing centered in Baltimore and supported by the construction of a new training facility elsewhere in the state, according to a report issued by the Maryland Thoroughbred Racetrack Operating Authority (MTROA)...

Edited Press Release The Stronach Group, the Maryland Jockey Club, and the Maryland Thoroughbred Racetrack Operating Authority ("MTROA") today announced they have reached the framework of an agreement in principle to preserve and enhance the Thoroughbred racing industry in Maryland. The understanding, subject to the negotiation of definitive agreements, legislative authorization, and all required governmental approvals, will enable the MTROA to design and build an iconic racing venue at Pimlico and take over day-to-day racing and training in Maryland. "The Authority's report represents an important next step for the industry,...

Legislation which will create the Maryland Thoroughbred Racetrack Operating Authority (MTROA) was passed by the state's House of Representatives by a vote of 132-2 on Apr. 10, the last day of the state's 2023 General Assembly session. Previously Senate Bill 720 , which is designed to participate in the development of racing and training facilities in the state and operate in the best interests of Thoroughbred racing, passed the state Senate by a 47-0 vote Apr. 6. The bill also states that, "If necessary, the authority will manage and oversee...