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Pimlico Race Course, home of the Preakness, will undergo a 3-year renovation

BALTIMORE –  Maryland lawmakers have passed legislation to rebuild the Pimlico Race Course, home of the Preakness Stakes. The Stronach Group, the current owner of Pimlico, will transfer ownership to the state to renovate and redevelop the race course. The new development is said to take three years with intentions of a new track, a hotel, parking garage, and other surrounding developments.