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Pimlico company history timeline

1870

The first race, known as the “Dinner Party Stakes,” after the dinner party that started it all, was held in 1870.

America’s second oldest race track behind Saratoga, Pimlico Race Course opened in 1870.

1872

The latter was won in 1872 by a horse named Preakness, the namesake of the track’s signature event.

1873

The foundation-stone of the structure was laid in 1873, and the works cost about £183,000.

The Preakness Stakes, first held three years later in 1873, takes its name from this winning horse.

1877

During its rich history, the racetrack has enjoyed being the only track in the United States to be honored by the adjournment of the United States House of Representatives for the first and only time in history in 1877 to watch a race between Parole, Ten Broeck and Tom Ochiltree.

1878

Originally published by Cassell, Petter & Galpin, London, 1878.

1912

When Rev Gerald Olivier moved to the neighbourhood in 1912 with his family, including the young Laurence Olivier, to minister to the parishioners of St Saviour, it was part of a venture to the west London “slums” that had previously taken the family to the depths of Notting Hill.

1938

Regrettably, though the famous moniker remains today, the notable infield “hill” was removed in April 1938, ostensibly for obscuring track-level vision of the racetrack backstretch, which appeared to pose a problem for movie and television cameras in the infant days of filming races.

1950

The PDHU first became operational in 1950 and continues to expand to this day.

1953

In 1953, the 2nd Duke of Westminster sold the part of the Grosvenor estate on which Pimlico is built.

2007

Colt Brennan, the former Hawaii star quarterback, dies at 37 after struggles with alcohol addictionColt Brennan, a star quarterback at the University of Hawaii who finished third in the 2007 Heisman Trophy balloting, died early Tuesday, his father said.

2009

In 2009, Magna Entertainment Corporation, which owned the Preakness and Pimlico, filed for bankruptcy, and Marylanders worried that the race might move out of the state.

2013

Meanwhile, Baltimore leaders expressed dismay after The Baltimore Sun reported in February that since 2013, The Stronach Group had used 87% of its state subsidies to pay for renovations at Laurel Park.

Despite that evidence, he hasn’t been charged.The messages rocketed Shannon Keeler back to the life-shattering night in December 2013 when an upperclassman at Gettysburg College barged into her dorm room.Baltimore Sun

2017

Pimlico received $1.5 million from the renovation fund last year, up from just $32,000 in 2017.

2018

The closing of the seats will have a significant impact on a business that just reported to the Maryland Racing Commission that its operations at Pimlico and Laurel are losing money at a faster rate than the previous year, according to Stronach’s 2018 financial statements.

Combined operating losses for Pimlico and Laurel Park were reported to the state as $15 million in 2018, a 66.6 percent increase over the nearly $9 million combined loss in the prior year.

2019

During the 2019 General Assembly session in Annapolis, the company unsuccessfully sought bond funding to begin creating a so-called “supertrack” at Laurel, a project that could have sidelined Pimlico.

The north Grandstand area of Pimlico Race Course will be closed off to race fans for the 2019 Preakness due to safety concerns. (Lloyd Fox, Baltimore Sun)

2020

The new plan relies on the General Assembly approving complex legislation in the session that starts in January, to be called the Racing and Community Development Act of 2020.

Last winter, the city sued the track owner, and officials of The Stronach Group said they were committed to holding the Preakness at Pimlico only through 2020.

But even those who drafted the agreement acknowledge it would require multiple changes to state law by the General Assembly in 2020, the assumption of new responsibilities by the Maryland Stadium Authority, as well as the possible creation of an organization to own and run the site.

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Founded
1870
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Headquarters
Baltimore, MD
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Pimlico history FAQs

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Pimlico may also be known as or be related to Pimlico, Pimlico Racing Association Inc and Pimlico Racing Association, Inc.