The Maryland Thoroughbred Racetrack Operating Authority (MTROA) on Friday gave unanimous approval to a slate of directors to lead the new Maryland Jockey Club (TMJC), the nonprofit entity created to operate Maryland’s mile thoroughbred racetracks.

 “I believe that we have assembled an incredibly diverse group of individuals with diverse talents, with deep industry experience representing all constituent interests in the thoroughbred industry,” said MTROA chairman Greg Cross. “This group also possesses a wealth of business and financial knowledge that will be invaluable as they chart the future course in Maryland racing.”

The MTROA was created by the General Assembly in 2023 to chart the way forward for Maryland racing after the implosion of the original deal that would have renovated both Pimlico and Laurel Park.

The MTROA recommended a different path, replacing the for-profit track operator, 1/ST Racing, with the new nonprofit. As for facilities, the MTROA has spearheaded the effort which will if completed see Pimlico become the home of Maryland racing, supported by a nearby training center at Shamrock Farm in Woodbine.

The state Board of Public Works earlier this week gave its signoff to nearly $19 million in expenditures to begin the demolition of Pimlico and to acquire more than 300 acres at Shamrock.

The members of the nonprofit board approved today are:

• Jim Dresher, a breeder and owner of Glenangus Farm;
• Tim Keefe, a trainer and former president of the state’s horsemen’s group, the Maryland Thoroughbred Horsemen’s Association;
• Chuck Tildon, a member of the MTROA board and former member of the Maryland Racing Commission;
• Lisa Hofstetter, vice-president of Northview Stallion Station;
• Mike Hopkins, former executive director of the Maryland Racing Commission;
• TK Kuegler, a venture capitalist and owner of the low-cost partnership Wasabi Ventures Stables;
• Jeff Cherry, a Baltimore-based entrepreneur and investor;
• Dr. Kathleen Anderson, a veterinarian based at Fair Hill; and
• Mike Hankin, co-CEO of the investment management and strategic advisory firm Brown Advisory.

The MTROA itself initially was expected to continue for at least two more years to manage the facilities and ownership transition. But in its most recent session, the state General Assembly axed the Authority; it will sunset June 30.