IN BRIEF : Prize Maryland Race Horse Is Sold

LAUREL, Md. — Private Terms, Maryland’s racing hero of 1988, has been sold to new owners who say they will keep the colt in the state for racing this year.

Richard Golden and Allaire du Pont have purchased the colt for an undisclosed sum, with the understanding that he will spend next year at their Northview Stallion Station, part of the old Windfields Farm in Chesapeake City.

In 1990, Private Terms will stay in Maryland for stud duty.

Private Terms will race this year for Locust Hill Farm, which bred and raced him, but Golden and du Pont are to share in his earnings.

“Our deal is for him to retire after the Breeders’ Cup on Nov. 4,” Golden said Thursday. “He’s been made eligible for the Campbell Handicap at Pimlico April 15 and the Pimlico Special May 13.”