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150th Preakness Stakes Set to Begin Without Kentucky Derby Winner

The absence of Sovereignty shifts focus to Journalism and Goal Oriented as Pimlico hosts its final race before a major renovation.

Jockeys ride horses during a race on Black-Eyed Susan Day prior to the 150th Preakness Stakes at Pimlico Race Course on May 16, 2025 in Baltimore, Maryland. Home of the Preakness horse race, Pimlico Race Course will be demolished in June 2025 ahead of a $400 million reconstruction.
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Sovereignty #18, ridden by jockey Junior Alvarado, pushes ahead of Journalism #8 to win the 151st running of the Kentucky Derby at Churchill Downs on May 03, 2025 in Louisville, Kentucky.

Overview

  • Sovereignty, the Kentucky Derby winner, will not compete in the Preakness, ending this year’s Triple Crown pursuit.
  • Journalism, runner-up in the Derby, is the 8-5 favorite in the nine-horse field, which includes undefeated contender Goal Oriented.
  • The Preakness offers a $2 million purse, tying the record for Pimlico, with 60% awarded to the winner.
  • NBC’s broadcast leans on rivalries among top trainers like Bob Baffert and D. Wayne Lukas to maintain viewership in a Triple Crown-less year.
  • Pimlico Race Course will undergo a $400 million renovation after the race, with the Preakness temporarily moving to Laurel Park in 2026.