| Ungraded Stakes race | |
| Location | Laurel Park Racecourse, Laurel, Maryland, United States |
|---|---|
| Inaugurated | 1990 |
| Race type | Thoroughbred - Flat racing |
| Website | www |
| Race information | |
| Distance | 1+1⁄8 mile (9 furlongs) |
| Surface | Dirt |
| Track | left-handed |
| Qualification | Three-years-old, open |
| Weight | Assigned |
| Purse | $150,000 |
The Private Terms Stakes is a race for Thoroughbred horses held in late March at Laurel Park in Maryland, USA. The ungraded stakes race is open to three-year-olds, is run over one mile and an eighth on the dirt, and offers a purse of $150,000.[1] It is a minor race on the road to the Triple Crown each spring. The winner of the Private Terms Stakes typically races next in either the Federico Tesio Stakes (Preakness Trial) at Pimlico Race Course in Baltimore or the Wood Memorial Stakes at Aqueduct Racetrack in New York.[2]
This race is named for Private Terms (born 1985), who won 13 of his 17 starts, including the Grade I Wood Memorial Stakes, the Grade II Gotham Stakes, the grade two Massachusetts Handicap, the grade two General George Handicap and the grade three Federico Tesio Stakes. He had career earnings of $1,243,947 and nine stakes victories. In his retirement, Private Terms has had great success, siring millionaires stakes winners Soul of the Matter and Afternoon Deelites. He has an outstanding success rate as a sire, having 73% of his progeny win races and 11% of his progeny becoming graded stakes winners.[3]