Quote:
Originally Posted by dilanesp
No it won't. This suit is a loser. They just want some leverage.
EDIT:To explain this more, Baltimore can sieze Pimlico, but they can't seize the Preakness. The Preakness is a trademark. The owner of the trademark can stage a race at 1 3/16th miles anywhere it wishes to in compliance with its contracts with Churchill, NYRA, and NBC. That race will be the Preakness.
Baltimore, if it succeeds, will end up with a racetrack, but will not end up with the contractual right to run a TC race.
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State law mandates that the Preakness has to be run at Pimlico, with the exception of a "disaster or emergency" that forces it to be run elsewhere. This was always going to be a sticking point with moving the race to Laurel. I think TSG was hoping that the legislature would work with them and just change that law, but that seems to be out the window now.
So if the city won control of the track, for all intents and purposes they would also own the Preakness, because TSG by law couldn't run that race (at least under that name) at Laurel.
But none of that would stop TSG from just setting up a new race in mid-May at Laurel called "The Frankness", and the rest of the industry agreeing that "yeah this is the second leg of the TC now".
