This excerpt taken from the MECA 10-K filed Mar 15, 2005.
The Maryland Jockey Club manages the racing and pari-mutuel operations of Colonial Downs and its network of six OTB facilities in Virginia. Colonial Downs is a racetrack in New Kent, Virginia which hosted 34 days of thoroughbred racing and 32 days of standardbred racing in 2004. The thoroughbred meet at Colonial Downs runs from mid-June to late July, between the meets at Pimlico Race Course and Laurel Park. The standardbred meet runs from early October to late November. The track's signature race is the Virginia Derby (Gr. III), which is a 11/4-mile turf race for three-year-old horses that features a $500,000 purse.