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Since someone mentioned it, I should mention that Maryland's various legal theories for forcing Stronach to hold the Preakness in Maryland are highly dubious. There's really no precedent for allowing a government to use eminent domain to appropriate a trademark, and substantial free speech arguments for allowing a trademark owner to use the label as it wishes. Moreover even if Maryland could keep the trademark, they couldn't stop Stronach from running a 9 1/2 furlong race on the third Saturday in May which fulfilled contractual obligations to Churchill and NYRA.
In short, Stronach, not Maryland, almost can run it where he wishes to. Maryland's threats are a bluff.
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