NewsPolitics Maryland gambles $500M on horse racing as industry shrinks, costs rise State and industry leaders say rebuilding Pimlico and Laurel is key to saving Maryland racingShare this: Share on Facebook (Opens in new window) Facebook Share on X (Opens in new window) X Construction crews continue work at Pimlico Race Course, home of the Preakness Stakes, as preparations and upgrades move forward at the historic Baltimore track. (Kevin Richardson/Staff) By Jeff Barker and Sam Cohn | scohn@baltsun.comPUBLISHED: May 2, 2026 at 5:04 AM EDT Getting your Trinity Audio player ready...Horse racing is as much a part of the Maryland's identity as blue crabs and the Chesapeake Bay. Is it worth $500 million to try and save it? Subscribe to continue reading this article. Already subscribed? To log in, click here. Share this: Share on Facebook (Opens in new window) Facebook Share on X (Opens in new window) X