Wednesday, April 15 2009
PIMLICO SPRING MEETING OPENS SATURDAY AFTERNOON
BALTIMORE, 04-15-09---Live racing shifts to historic Pimlico Race Course Saturday, April 18 for the spring meeting. The headline event of the six week stand is the 134th running of the $1 million Preakness Stakes (Grade I), the middle jewel of the Triple Crown, on May 16.
“You get a unique feeling driving down Winner Avenue and into the facility,” said Tom Chuckas, Maryland Jockey Club president and chief operating officer. “This is a storied place with a deep tradition and is the second oldest racetrack in the country. The Pimlico meet has a festive atmosphere buoyed by one of the premier races in our industry.”
Friday, April 10 2009
INAUGURAL JOCKEY CHALLENGE SET FOR BLACK-EYED SUSAN DAY
BALTIMORE, 04-10-09---Eight of the nation’s top jockeys, including Eclipse Award winners Kent Desormeaux, Edgar Prado, Garrett Gomez and John Velazquez, will square off in the inaugural Jockey Challenge at Pimlico Race Course on May 15, the day before the $1 million Preakness® Stakes (Grade I), the middle jewel of the Triple Crown. The Maryland Jockey Club teamed up with the Jockeys’ Guild for the event and will make a $5,000 contribution to the Permanently Disabled Jockeys Fund.
The jockey with the most points at the end of a four-race competition will be crowned champion. Riding assignments are determined by a drawing Sunday, May 10, and jockeys receive points for finishing first (12 points), second (6), third (4) and fourth (3) in each race. The champion jockey will earn $14,000. Other prize money: $10,000 (second); $8,000 (third) and $3,500 (fourth through eighth).
Wednesday, April 08 2009
MARYLAND JOCKEY CLUB REACTS TO EMINENT DOMAIN BILL AND ANNOUNCES DATE OF SLOTS APPEAL
LAUREL, MD. 04-08-09---Earlier today in the General Assembly in Annapolis, House Bill 1578 was introduced attempting to confiscate Pimlico Race Course, Laurel Park, the Bowie Training Center and the Preakness® Stakes from the Maryland Jockey Club (MJC).
“We share the Governor’s interest in preserving the historic Maryland Jockey Club and the Preakness,” said MJC president and chief operating officer Tom Chuckas. ”But we question the government’s right to confiscate private property which will only lead to more confusion and litigation while these matters are in bankruptcy. The Chapter 11 process should be allowed to proceed.”
MARYLAND JOCKEY CLUB, MTHA REACH ADW AGREEMENT
BALTIMORE, 04-07-09---The Maryland Jockey Club and the Maryland Thoroughbred Horsemen’s Association (MTHA) have reached comprehensive account wagering agreements with Youbet, XpressBet and TwinSpires. Specific details of the agreements will not be released, but they cover all wagers placed on live races conducted by the Maryland Jockey Club, as well as wagers placed by Maryland residents on out-of-state races.
“I am delighted with these new agreements,” said MTHA President Richard J. Hoffberger. "They are fair, address our joint concerns about the economics of racing and will benefit all parties. We have developed a joint sense of commitment and trust that will enable us to work together positively in the future. I am particularly pleased that these agreements will enhance the distribution of our product."
Wednesday, April 01 2009
BUD LIGHT NAMED PRESENTING SPONSOR OF PREAKNESS INFIELDFEST
BALTIMORE, 04-01-09---The Maryland Jockey Club announced today that Bud Light has been named the official presenting sponsor of the Preakness InfieldFEST at Pimlico Race Course on Saturday, May 16, 2009. The famed Preakness® Stakes, the middle jewel of thoroughbred racing’s Triple Crown, is the largest single day sporting event in the State of Maryland with attendance figures topping six-figures in nine of the last 10 years, including a record 121,263 in 2007.
Plans for Preakness InfieldFEST were unveiled February 5. The day will feature a concert with three rock performances, Rock and Roll Hall of Famers ZZ Top, Grammy-nominated Buckcherry and Maryland’s #1 Rock Band, Charm City Devils, along with a pro beach volleyball tournament and an interactive experience, including virtual NASCAR racing, prior to the running of the $1 million Preakness.
Tuesday, March 17 2009
PIMLICO SPRING STAKES SCHEDULE WORTH MORE THAN $2.6 MILLION
BALTIMORE, 03-17-09---The Maryland Jockey Club unveiled the 2009 Pimlico spring stakes schedule after reaching agreement with both the Maryland Thoroughbred Horsemen’s Association and Maryland Horse Breeders Association. The schedule was approval by the Maryland Racing Commission earlier this afternoon at its monthly meeting.
The headline event of the six-week stand that begins Saturday, April 18 is the 134th running of the $1 million Preakness® Stakes (Grade I), the middle jewel of the famed Triple Crown, on May 16. The 20-day meeting at the historic Baltimore track will conclude Saturday, May 23.
Tuesday, March 10 2009
PIMLICO SPRING MEET REDUCED TO 20 DAYS AS INDUSTRY LOOKS TO MAINTAIN PURSE STRUCTURE
BALTIMORE, 03-10-09---After a meeting late last month, the Maryland Jockey Club and Maryland Thoroughbred Horsemen’s Association (MTHA) have agreed to reduce the Pimlico Race Course spring meeting from 31 to 20 days in order to maintain a $160,000 purse structure on the overnight during the stand. The industry faces a nearly $2 million shortfall in the purse account during the current Laurel Park winter meeting.
The Maryland Racing Commission has approved the change. Live racing will begin at the historic track on Saturday, April 18 and end Saturday, May 23.
Thursday, March 05 2009
PIMLICO AND LAUREL PARK’S PARENT COMPANY FILES FOR CHAPTER 11 PROTECTION
LAUREL, MD. 03-05-09---The Maryland Jockey Club’s parent company, Magna Entertainment Corp. (“MEC”) and certain of its subsidiaries today filed for protection under Chapter 11 of the Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware. MEC filed for Chapter 11 protection in order to implement a comprehensive financial restructuring. Simply put, MEC has far too much debt and interest expense.
MEC believes that this Chapter 11 restructuring will bring its level of debt in line with current economic realities and take pressure off its operations, which have historically been burdened with significant interest expense and financing fees. In today’s difficult economic environment, many companies are using a Chapter 11 filing to substantially reduce debt and position themselves for future growth.
Wednesday, February 25 2009
CHARM CITY DEVILS ADDED TO PREAKNESS INFIELDFEST LINEUP
BALTIMORE, 02-24-09---The Maryland Jockey Club today announced that Baltimore-based Charm City Devils will round out the lineup for the Preakness InfieldFEST concert on Saturday, May 16 in the Pimlico Race Course public Infield prior to the running of the $1 million Preakness® Stakes (Grade I).
On February 5 Pimlico officials unveiled Preakness InfieldFEST, which will feature a concert with three rock performances, including Rock and Roll Hall of Famers ZZ Top and Grammy-nominated Buckcherry, along with a pro volleyball tournament and an interactive section.
Thursday, February 05 2009
PREAKNESS INFIELDFEST TO ROCK PIMLICO MAY 16
BALTIMORE, 02-05-09---The Maryland Jockey Club today announced at a news conference in the Terrace Dining Room at Pimlico Race Course that it is redefining the Infield experience on Preakness day, May 16, 2009. Preakness InfieldFEST will feature a concert with three rock performances, including Rock and Roll Hall of Famers ZZ Top and Grammy-nominated Buckcherry, along with a pro volleyball tournament and an interactive section prior to the running of the $1 million Preakness® Stakes (Grade I). A new Infield (including the Infield’s Top of the Stretch seating area) policy on alcohol and all beverages will be implemented for the 134th event, the middle jewel of racing’s Triple Crown.
Wednesday, January 07 2009
MJC ANNOUNCES FINAL 2008 HANDLE FIGURES
LAUREL, MD. 01-06-09---The Maryland Jockey Club concluded the 2008 racing season with average wagering figures 22.5% lower than 2007. All sources handle totaled $668.1 million as compared to $875.8 million the previous year. Racing 14 fewer days in 2008, the daily handle decreased from nearly $3.8 million to just over $2.9 million each day.
Wagering figures for the 17-week Laurel Park fall meeting were 39 percent lower than a year ago. Numbers for the Laurel Park winter (down 17%) and Pimlico Race Course spring (down 16%) stands were also down from the previous year.
Wednesday, December 17 2008
MARYLAND JOCKEY CLUB UNVEILS 2009 PREAKNESS LOGO
BALTIMORE, 12-16-08---The Maryland Jockey Club today unveiled the 2009 Preakness logo. The 134th running of the $1 million Preakness® Stakes (Grade I), the middle jewel of the Triple Crown, is set for Saturday, May 16, 2009 at Pimlico Race Course.
The whimsical appeal of the 2009 Preakness logo lay in its simple color palette, contrasting the traditional combination of yellow and black, so emblematic of the Preakness, and Maryland’s favorite bloom, the Black-Eyed Susan. The clean and fluid lines emphasize the graceful movement of thoroughbred racing, while showcasing the cherished and iconic symbols of Preakness: the historic Pimlico clubhouse cupola, a prominent Black-Eyed Susan flower and the classic horse and rider.