The 2017 Preakness Stakes Generated Nearly $40 Million

5/14/18

With the Kentucky Derby now in the rear view mirror, anticipation is building for the second jewel in horseracing’s Triple Crown – the legendary Preakness Stakes, which is now in its 143rd year at the historic Pimlico Race Course in Baltimore. Horse enthusiasts far and wide will be breaking out their big hats and seersucker suits on Saturday, May 19 for a day steeped in tradition.

While the race has always been an outstanding opportunity to market Maryland’s unparalleled assets to a global audience, the Preakness Stakes is also a significant economic generator for Baltimore City and the entire state of Maryland. An economic impact study produced by the Maryland Department of Commerce‘s Office of Research showed that in 2017, the Preakness drew a record-breaking crowd of more than 140,000 to Old Hilltop and generated nearly $40 million in total economic impact, which includes everything from hotels and transportation to restaurants and retail.

READ FULL ARTICLE HERE

Recent Deals

Interested in advertising your deals? Contact Edwin Warfield.