The 151st Preakness Stakes is this Saturday, May 16, at Laurel Park in Maryland, marking the first time the race has been held outside of Pimlico since 1908. Kentucky Derby winner Golden Tempo is skipping the second jewel of the Triple Crown, which opens this one wide up. New shooter Iron Honor comes in as the morning line favorite at 9-2, trained by Chad Brown. Let's get into the full odds breakdown.
"We received a call from trainer Bill Mott that Sovereignty will not be competing in the Preakness. ... We extend our congratulations to the connections of Sovereignty and respect their decision."