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The William Donald Schaefer Memorial Stakes is an American Thoroughbred horse race held annually during the third week of May at Pimlico Race Course in Baltimore, Maryland. A Grade III event open to three-year-old horses and up, it is contested on dirt over a distance of 1+1⁄8 miles (nine furlongs). This race had been run as the Never Bend Handicap from its inception in 1987 through 1993.