The Maryland Racing Commission on Tuesday approved the sale of Rosecroft Raceway in Prince George’s County to the Stronach Group, which said it hopes to grow its brand and standardbred racing in the state.
With the purchase from Penn National Gaming, Stronach will add to a collection of Maryland tracks that includes Pimlico Race Course and Laurel Park.
The commission vote, which came at Laurel at its monthly meeting, was unanimous. The purchase price was not disclosed.
The 67-year-old track in Fort Washington has 54 racing dates this year. Penn National bought the track for $10.25 million at a bankruptcy auction in 2011, outbidding Orioles owner Peter Angelos. The track was closed at the time but reopened that year.
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