Stronach Group Archives • The Racing Biz

DRF Bets acquired by 1/ST

by Press Release | Jun 10, 2025 | Breaking, Business, National news | 0 |

1/ST, former owners of Laurel and Pimlico and current owners of Xpressbet and 1/ST Bet, has acquired DRF Bets, the companies announced.

Maryland: 8 stories that mattered in 2024

by Frank Vespe | Jan 3, 2025 | Breaking, Bylined Other, Maryland, MD Business, MD Racing, Racing | 0 |

It was a tumultuous, consequential year for the Maryland Thoroughbred industry. Here are eight stories that mattered in the year that was.

Stronach Group: Maryland agreement to “usher in new era”

by Frank Vespe | Mar 14, 2024 | Breaking, Business, Bylined Other, Maryland, MD Business | 1 |

In a statement, the Stronach Group said the agreement on donating Pimlico to the state will help “usher ina new era” in Maryland racing.

Md. Racetrack Operating Authority report released

by Frank Vespe | Jan 5, 2024 | Breaking, Business, Bylined Other, Maryland, MD Business | 8 |

The future could involve the consolidation of racing at Pimlico and the exit of the Stronach Group, says a Maryland Racetrack Operating Authority report.

Pimlico-Laurel project over budget, behind schedule. Now what?

by Frank Vespe | Nov 13, 2022 | Breaking, Business, Maryland, MD Business | 1 |

Reports to the legislature show that the Pimlico-Laurel rebuild project is over budget and behind schedule. In a series, we examine why and what next.

No turning back: New law pushes Maryland industry on Pimlico-Laurel project

by Frank Vespe | Apr 29, 2022 | Breaking, Business, Maryland, MD Business | 4 |

A law adopted this month sends a message to the Maryland racing industry: get the Pimlico-Laurel renovation project in gear.

Stronach Group bars trainer Amber Cobb

by Frank Vespe | Sep 13, 2021 | Breaking, Business, Maryland, MD Business | 1 |

The Stronach Group, owners of Laurel Park and Pimlico, have banned trainer Amber Cobb from running at all TSG facilities.

On Laurel track surface, making sure “you don’t get there again”

by Frank Vespe | Aug 6, 2021 | Breaking, Business, Maryland, MD Business | 2 |

The closure of Laurel Park because of the track surface has been a trial for many. But avoiding it in future isn’t just a matter of rebuilding the track.