Maryland officials launch festival and investments to revitalize Preakness Stakes and local economy.

Maryland Governor Wes Moore and Baltimore Mayor Brandon Scott have announced a new weeks-long festival to revitalize the Preakness Stakes, aiming to boost tourism and economic growth. The Preakness Festival, set for the 150th running of the race in 2025, includes cultural events and supports local businesses, particularly minority and women-owned firms. The state also plans a $400 million renovation of Pimlico Race Course, with completion expected by 2027, and a $10 million investment in the Park Heights community for housing and job training.

4 months ago
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