A new six-race Thoroughbred Championship Series between Churchill Downs Incorporated and the New York Racing Association, known as NYRA, was announced on Monday. However, Preakness wasn't included.

Governor Moore's Office said the acquisition is funded with a tax-exempt revenue bond, not by taxpayer money. However, Senator Hershey fears taxpayers will foot that bill and more if the Preakness doesn't live up to its high status.