Our Say: Preakness safeguard is paying off

A new Maryland law allows the state to use eminent domain to seize the Preakness, in the event of a deal to take that race out of the state. Magna International, the current owner of Baltimore's Pimlico Race Course, contends that this is unconstitutional - and Magna might be right.

But, unconstitutional or not, the law is starting to seem like a very good idea.

Magna is in bankruptcy proceedings and has asked a judge for permission to sell its Maryland racetracks - Pimlico and Laurel Park - on condition that buyers promise not to move the Preakness from Maryland. The schedule requested by the company allows the 60-day...