The Maryland Board of Public Works, on Wednesday, approved a $14.3 million contract to begin the demolition and rebuilding of Baltimore’s storied but antiquated Pimlico Race Course, home to the second jewel of the Triple Crown. The 150th Preakness Stakes, is scheduled for May 17th. The demolition will begin shortly after the completion of this year’s race. Under the plan, the 2026 Preakness will take place in Laurel Park, while the new facility is built, before returning to Pimlico in time for the 2027 race.