Anirban Basu

Under Armour absence creates void at Preakness as infield ticket sales also lag

Under Armour absence creates void at Preakness as infield ticket sales also lag

Ticket sales for the infield at the Preakness Stakes — the state’s biggest single-day event — are down 30 percent compared to this time last year, even as organizers are facing an Under Armour-sized gap in their lineup of corporate partners.

After years of hosting a finish-line hospitality tent emblazoned with the Under Armour logo and inviting top athletes and other celebrities to the May race, the Baltimore athletic brand pulled the plug on its Preakness party this year.

The decision, tied to Under Armour’s struggling sales and stock price, leaves a sizable hole in the hospitality village at Pimlico Race Course for the second leg of horse racing’s Triple Crown. And it’s...

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