Angelos joins Pennsylvania-based group in bid for Maryland horse tracks

January 02, 2010 | Drew Forrester has learned that Orioles majority owner Peter G. Angelos has joined the Blow Horn Equity group – based out of West Grove, PA – that is going to bid for the Pimlico and Laurel race tracks on January 8.

The auction for both racing facilities will feature bids from six different groups:

> David Cordish, who recently won approval for zoning at his proposed Arundel Mills slots casino.

> Joseph DeFrancis, Jr., the former President of The Maryland Jockey Club

> Magna Entertainment’s parent company, M.I.D. of Canada.

> Penn National Gaming, owners of Penn National and Philadelphia Park

> Kevin Plank, founder of Under Armour

> Blow Horn Equity, headed by Jeff Seder and now joined by Angelos.

The move by Seder’s Blow Horn Equity group not only gives them additional funding, if necessary, but connects them locally with one of Baltimore’s most well-established businessmen.

Angelos could obviously handle any legal wranglings the group might encounter and he’s long been rumored to be interested in purchasing Rosecroft Raceway, so his connection to Blow Horn is by no means a complete surprise.  He also bought a 240-acre horse farm in Northern Baltimore County in 1998, so his interest in racing is both personal and, now, perhaps professional as well.

It was originally thought that Angelos might be one of the six bidders for the tracks via auction, but Angelos never formally submitted the application by the mid-December deadline.