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.
In his retirement, Private Terms has had great success, siring millionaires stakes winners Soul of the Matter and Afternoon Deelites.