All operations at Pimlico will end Sept. 1 to allow work to begin on building a new facility at the site.

The timeline was presented in a letter from Maryland Jockey Club acting president and general manager Mike Rogers to Maryland Thoroughbred Horsemen’s Association president Katy Voss and vice president Tim Keefe and posted on the MTHA website.

The letter noted that ownership of Pimlico was transferred from the Stronach Group on Monday. 

“This crucial arrangement not only secures the Preakness Stakes’ continued presence in Baltimore but also establishes Pimlico as the permanent hub for year-round Thoroughbred racing in Maryland, the letter reads. “In conjunction with this transfer, a strategic investment of $10 million will be directed through the Department of Housing and Community Development to enhance housing, employment training, and workforce development in the Park Heights area.

“For the Maryland Thoroughbred Racing Operating Authority and the Maryland Stadium Authority to move ahead with these changes, effective Sept. 1, 2024, all racing, training and wagering operations at Pimlico Race Course will cease. This closure includes all customer-facing activities and the backstretch.”

The Maryland Stadium Authority is expected to begin site work and demolition at Pimlico this fall, according to the letter.

Day-to-day racing and training operations at Pimlico and Laurel Park will be transferred Jan. 1 from The Stronach Group to the state of Maryland-MTROA.

And plans call for Preakness 150 to be celebrated at Pimlico on May 17.