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Backstretch Pension Contribution Increases
The MTHA Board of Directors has approved an increase in the Backstretch Pension Fund contribution to $1 million for Plan Year 2021-22 pending approval by the Maryland Racing Commission .
The contribution is up $100,000 from Plan Years 2018-19 and 2019-20. The amount represents a 250% increase from Plan Year 2017-18 when the contribution was $400,000.
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Live racing returns to the Maryland State Fairgrounds in Timonium for a seven-day meet beginning Friday, August 22, and running through Labor Day, Monday, September 1. The meet, known for its tight five-furlong oval and festive summer atmosphere, continues to be a popular and tradition-rich stop on the Maryland racing calendar.
Fair Hill is moving forward with its plan to offer Thoroughbred racing on its new turf course on Saturday, Aug. 30, and it will mark the first meet in six years at the Cecil County facility.
