The Preakness Stakes is a national treasure.
It attracts spectators to Baltimore from across the country to watch a premiere thoroughbred horse race. The equine spectacle generates handsome revenues for local businesses, provides employment for many, and advertises Baltimore’s eye-catching radiance.
But what about adversities?
Pimlico Race Course has been ailing for years, and unrealized plans to renovate and revitalize the historic track go back decades. Four years ago, Maryland’s...