Statement from the MTHA Regarding the Pimlico Plus Plan

A report published in today’s The Daily Record, which states that the State of Maryland “will abandon its plans for a new state nonprofit that would run day-to-day racing and training operations in Maryland” is erroneous and has led to unnecessary confusion about the future of Maryland racing and the Pimlico Plus Plan. We have requested a correction.

To the contrary, the State’s 2025 Budget Reconciliation and Financing Act includes language transferring oversight of the new nonprofit—The Maryland Jockey Club—from the Maryland Thoroughbred Racetrack Operating Authority (MTROA) to the Maryland Economic Development Corporation (MEDCO). This change, which is supported by the industry’s stakeholders, is designed to accelerate the implementation of the Pimlico Plus plan and, most importantly, completion of the formation of the nonprofit operator. The purpose for the MTROA has been fulfilled and it is now time to completely transition Maryland thoroughbred racing to The Maryland Jockey Club.

The Pimlico Plus Plan remains fully on track under the auspices of the Maryland Stadium Authority, with Pimlico’s demolition scheduled after the Preakness, and the MTHA looks forward to working closely with MEDCO and as a partner with The Maryland Jockey Club as the industry transitions to a new, state-of-the-art Pimlico facility and a world-class training center at Shamrock Farm.

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