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Maryland’s multimillion dollar Preakness bet tested by new racing series

Horse racing championship creates potential challenge to state’s strategy

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)
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)
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As Maryland invests nearly $600 million in Pimlico and the Preakness, experts disagree over whether the race's exclusion from a new national championship series threatens its long-term economic value.

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