Regional Reach, presented by Fasig-Tipton: Maryland and the Midlantic Region

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The leaders of Maryland's Thoroughbred industry are not resigned to the fact that racing in their state has reached a watershed moment. They see it as the catalyst that will mark the beginning of a large-scale resurgence in the coming years.Churchill Downs Incorporated's acquisition of the intellectual property rights for the Preakness Stakes and the legislative review of the Maryland Stadium Authority's proposed purchase of Laurel Park, as well as the ongoing Triple Crown schedule debate, have all been recent hot-button issues sparking industry-wide conversation about the future of racing in the state and throughout the Midlantic region.For those with their boots on the ground in Maryland, however, the perspective is different. They are seeing how a series of intentional incentives are starting to move the needle for local owners and breeders.  Beginning with the 2023 foal crop, a tiered breeder bonus system has been implemented to provide a significant boost for Maryland-sired, Maryland-bred horses. In 2026, the bonus is 33.6% on earned purses for first, second and third-place finishes in all overnight races.“It started with the 2-year-old crop last year,” said Christy Holden, the General Manager of Country Life Farm and a member of the Board of Directors of the Maryland Horse Breeders Association. “I think a lot of breeders are all of a sudden starting to see the checks come in and realizing that these bonuses are adding up.”Based in Bel Air, historic Country Life Farm stands three stallions and manages a portfolio of racing partnerships. While Holden noted that the farm has maintained a commercial focus in Kentucky in past years, that strategy is beginning to shift to include more racing prospects bred in Maryland.“We have a larger team of mares that we are going to start keeping here in Maryland and breeding to our stallions again just to take advantage of the increased bonuses,” she said.When TK Kuegler stepped on as President of Maryland Million, he came in with an ambitious vision for its 41st anniversary in 2026. Originally founded by sportscaster Jim McKay, the program was designed to showcase the state's breeding industry through a single, high-profile day of stakes racing. Kuegler saw the potential for more, moving to expand the event beyond its traditional one-day reach.“I think the core of what Maryland Million is hasn't changed,” said Keugler. “But like anything, you need to change with the times, the industry and the economics of the game. Part of what I wanted to do was make Maryland Million an all-year event, not just one day of racing. Layering in the ability to have Maryland Million races throughout the year was the first thing that we started to put together so that it becomes more valuable for a breeder to breed to a Maryland stallion.”On March 22, two starter races open to all horses gave a bonus of $5,000 to the top Maryland Million-eligible finisher, $2,000 to the second, $1,000 for the third and $500 for the next four finishers. The recipient of the $5,000 bonus in Race 5 for fillies and mares was second-place finisher Anita Beer (Friesan Fire), who Keugler said had been target specifically toward the race by owner-breeder Matt Spencer and Kelly Cox. The winner of Race 6, Freeze the Fire (Friesan Fire), also received the bonus.According to Kuegler, the momentum will continue on June 20 with the Maryland Million Summerfest at Laurel Park. The event will feature six races carrying the Maryland Million bonus, including four Maryland-sired preferred starter allowance races and two restricted turf stakes. He said there are additional plans for a Maryland Million Preview Day in September.Also new this year, Maryland Million-eligible horses that win a maiden race at Laurel Park will earn a 5% bonus on top of the base purse. So far, sixteen Maryland-sired horses representing 10 different Maryland stallions have broken their maiden and the bonuses were distributed across sixteen unique ownership groups.“I think it's actually really incredible, not only for Maryland, but for the region,” said Keugler. “I've heard from national people saying, 'Wow, this is real energy coming to this program.' The way I look at it is that we're trying to build a wall. It's not one brick that builds a whole wall. You do all of these incremental things and then you end up with a wall. Each brick makes the wall stronger.”Recent update of backside construction at Pimlico | Clark ConstructionIf the new bonuses are mortar and stone, the more literal foundation is the rebuild of Pimlico Race Course. As historic 'Old Hilltop' is undergoing a massive transformation during this year's Preakness, plans are in motion for the race to return to Pimlico in 2027.According to a May newsletter update from Clark Construction, this month saw the start of PVC fabric roofing of the backstretch barns. Utility infrastructure and sitework will continue throughout the summer.Jim Dresher, the Chairman of the Board of Directors for the Maryland Jockey Club, has been active in Maryland racing for 50 years. The owner of Glenangus Farm in Bel Air said he sees Pimlico's rebuild as a pivotal moment for both his home state and the racing industry at large.“I think when we get a new Belmont Park and a new Pimlico back-to-back, there will be national attention,” he said. “The Preakness is always a huge event and it has been in Baltimore for as long as I've been around. It's not just about money. It's important to protect our cultural assets. Over the next five years in Maryland, I expect attendance to go up and handle to go up. I think more people will want to get in on the action, so I think it's a very good time to have a Maryland-bred.”Next week, Fasig-Tipton's Midlantic May 2-Year-Olds in Training Sale will be held in Timonium on May 18 and 19. Over 600 juveniles are cataloged for the auction, which features a revamped under-tack show with no official breeze times.Later this year, Fasig-Tipton returns to Timonium for the renamed Eastern Fall Yearling Sale on October 27. Held three days after Maryland Million Day, the auction will debut a specialized catalog structure. To highlight regional markets, the sale will feature dedicated sections for six state-bred programs: Maryland, Delaware, New Jersey, New York, Pennsylvania, Virginia and West Virginia.“I think Fasig-Tipton understood the industry and is leaning into the sale being a great regional sale by highlighting different regional programs and putting horses together almost in packages,” said Keugler. “If you're really interested in getting yourself a Maryland Million horse, they're all going to be together. It's really smart.”On site at the Fasig-Tipton Midlantic 2-Year-Old Sale | Fasig-TiptonHe continued, “Regional programs support the lifeblood of the middle market in this game. If we do not have a middle market, you have a really hard time having a thriving industry. Regional programs allow people who have a horse running at a different tier to be able to have a place to run with a chance to still be profitable.”For Christy Holden, the true source of optimism lies in a newfound spirit of collaboration. Between the regional partnership between Maryland and Virginia to coordinate racing dates and the internal unity within Maryland's borders, Holden believes this collective effort is driving the industry forward.“We are putting together a group of representatives from each organization–the Maryland Horse Breeders Association, Maryland Thoroughbred Horsemen's Association, Maryland Million and Maryland Jockey Club–to meet regularly,” she said. “When one group is coming up with plans, we're making sure everybody else is on the same page. I think if we can all work together going forward, we have a lot of strengths here that we can capitalize on. We have a really rich history and a lot of horsemen who are ingrained here and haven't left.”“I think you can see that it's a program on the rise,” said Keugler. “Going back to my analogy, it's a wall that's being built and the bricks are getting laid–a new facility, new management, one of the best breeding programs from a breeder's perspective anywhere. If you start layering in the new programs with the Maryland Million, each of those bricks are making the wall stronger.”The post Regional Reach, presented by Fasig-Tipton: Maryland and the Midlantic Region appeared first on TDN | Thoroughbred Daily News | Horse Racing News, Results and Video | Thoroughbred Breeding and Auctions.