One thing that could change after the deal is gap between the Kentucky Derby and Preakness. Currently, the gap is two weeks which has come scrutiny as most Derby winners avoid it because of short turnaround time such as Rich Strike (2022) and Sovereignty (2025).

Churchill Downs buys Preakness IP rights in historic deal - What it means for Triple Crown?

Mage roared from off the pace to win the 149th Kentucky Derby on Saturday, launching US racing's Triple Crown campaign as two more horse deaths on Saturday cast a pall on proceedings at Churchill Downs.

Javier Castellano rides Mage to win 149th Kentucky Derby

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Churchill Downs buys Preakness IP rights in historic deal - What it means for Triple Crown?

Javier Castellano rides Mage to win 149th Kentucky Derby