The Preakness Stakes, a historic horse race and a cornerstone of Maryland's sporting heritage, has secured its future through a landmark partnership extension with NBC Sports and the Maryland Jockey Club. This deal, announced on Wednesday, extends the broadcasting rights to 2032, marking a significant milestone in the race's history. The extension is a testament to the enduring relationship between the Maryland Jockey Club and NBC Sports, and it will see the Preakness Stakes, Black-Eyed Susan Stakes, and extensive Preakness weekend programming air on NBC, Peacock, and NBCSN.
The agreement comes with several changes to the race schedule and features. One of the most notable changes is the shift in the Preakness Stakes' date, moving it one week later on the calendar to be contested three weeks after the Kentucky Derby. This move, according to officials, aims to address concerns from horse trainers and owners about the horses' rest time between the Derby and the Belmont. The Preakness Stakes will now take place on a Sunday, a first in its 152-year history, adding a new dimension to the race's tradition.
The Black-Eyed Susan Stakes, typically held on Friday, Preakness Eve, will be moved to Saturday, May 22, creating a championship weekend in Baltimore. This change aims to enhance the weeklong festivities and provide additional exposure for the race on NBC and Peacock. The move also aligns with the idea of transforming the weekend into a celebration, similar to other big events like the Macy's Thanksgiving Day Parade.
The extension of the partnership also includes multiplatform rights to the Preakness Stakes and Black-Eyed Susan Stakes, showcasing Maryland's best races on both Saturday and Sunday. This agreement will allow millions more people to tune in and witness the iconic race weekend, further solidifying the Preakness Stakes' place in the world of horse racing.
The future of the Preakness Stakes is now more secure than ever, with Maryland taking control of its destiny. The state's recent $85 million bid to secure the intellectual property rights to the Preakness Stakes is a significant move, ensuring that Marylanders will make the decisions about the race's future. This decision comes after Churchill Downs' attempt to purchase the intellectual property, highlighting the importance of preserving the Preakness Stakes as an iconic cultural tradition in Maryland and among racing fans worldwide.
The Maryland Jockey Club, the oldest sports association in the country, founded in 1743, has been advised on the deal by Sports Media Advisors. The club's commitment to horse racing is evident through its investments in rebuilding Pimlico Race Course and turning Laurel Park into a year-round training facility. These efforts, along with the partnership extension, signal a bright future for the Preakness Stakes and the horse racing industry in Maryland.
In conclusion, the extension of the partnership between NBC Sports and the Maryland Jockey Club is a significant development for the Preakness Stakes, ensuring its continued success and cultural significance. The changes to the race schedule and features will enhance the race's appeal and provide a more comprehensive experience for fans, bettors, and horsemen alike. The Preakness Stakes will continue to be a cornerstone of Maryland's sporting heritage, and its future is now firmly in the hands of those who love and cherish it.