As you may have heard, Baltimore Racing Development cut down many trees in the city to improve the view of the Grand Prix auto race on Labor Day weekend. As you may or may not have noticed, not a single tree has yet been replaced, despite last week’s deadline for the planting of 198 new trees.

The financially-troubled company has not responded to questions regarding its inability to hold up its end of the bargain. Ultimately, it looks like the city will be forced to replant the trees themselves, spending $100,000 of taxpayer money to do so.

It’s still possible that BRD could turn around and meet the agreement (however late), but if so, will more trees be cut down for next year’s event? Perhaps more importantly, has the city learned its lesson about the relative value of “a tree in the hand?”