About Pimlico Race Course in Maryland
The Pimlico Race Course in Maryland first welcomed guests on October 25, 1870. Following only Saratoga in upstate New York, which began its operations in 1864, it stands as the second oldest racetrack in the U.S. General John Ellicott established this historic venue for the Maryland Jockey Club.
Pimlico has played a pivotal role in shaping horse racing in the U.S. In 1910, amid rising anti-gambling sentiment, Pimlico Race Course and Churchill Downs persevered and maintained regular operations. Pimlico was not only an early pioneer in pari-mutuel gambling but also introduced the electronic starting gate, ensuring a fair start for all horses.
A significant agreement between Magna Entertainment Corporation and its parent, MI Development, was reached on March 23, 2010. This involved selling two of Magna's Maryland tracks, Pimlico and Laurel Park, to MI Development.
Subsequently, on May 7, 2010, MI Development and Penn National jointly announced their co-ownership and operation of the Maryland Jockey Club. Having begun in 1973 by overseeing a single track near Harrisburg, Pennsylvania, Penn National has evolved into the leading racetrack operator in the U.S.
In October 2019, an agreement ensured Pimlico would continue its legacy instead of facing redevelopment. However, in 2025, it ended up closing temporarily for renovations.
Pimlico Race Course rebuilding
Maryland is fully rebuilding Pimlico—not just renovating it. After the 150th Preakness in May 2025, the state approved contracts to begin tearing down the aging complex. Structural demolition started July 24, 2025 with barns and outbuildings; grandstand and clubhouse demolition followed on a posted schedule through fall.
Reconstruction is slated to begin in early 2026, with the Preakness targeted to return to a new Pimlico in 2027. During construction, the Preakness is scheduled to shift to Laurel Park for 2026.
The project transfers Pimlico into state control and reimagines the entire racetrack experience: a modern clubhouse, upgraded racing surfaces and backstretch, and a campus meant to host far more events year-round—not just Preakness week.
Officials say the goal is to expand the race calendar dramatically and make the site an economic anchor for Baltimore’s Park Heights community.
Pimlico paused day-to-day operations in September 2024 to prepare for the redevelopment, with training and wagering consolidated as the site was readied for demolition.
Clark Construction is managing the build for the Maryland Stadium Authority, which posts updates and timelines as the work progresses.
What types of gambling does the Pimlico Race Course offer?
The racecourse operates both as an off-track betting facility and a racetrack. Spectators can enjoy live races and place bets on these events. For simulcast wagering, OTB representatives and machines are available to guests.