Preakness Stakes 2023: Time, Horses, Odds, How To Watch

BALTIMORE, MD — The 148th running of the Preakness Stakes, the second leg and Middle Jewel of horse racing's Triple Crown, is set for Saturday at Pimlico Race Course in Baltimore.

The seven-horse, $165 million race is held on the third Saturday in May, two weeks after the Kentucky Derby and three weeks before the Belmont Stakes. Post time this year is 7:01 p.m.

Conditions could be messy, with the National Weather Service putting the chance of rain at 40 percent on Saturday, mainly after 2 p.m.

Kentucky Derby winner Mage is the 8-5 favorite to win in the latest 2023 Preakness Stakes odds, according to CBS Sports. National Treasure (4-1) and Blazing Sevens (8-1) follow in the Preakness Stakes field.

Entering Saturday, 73 of 147 favorites have won the Preakness, CBS Sports reported.

Brad Cox-trained First Mission was scratched from the Preakness on the advice of veterinarians, taking one of the top contenders out of the race 36 hours before post time. The withdrawal comes in the aftermath of five scratches for the Kentucky Derby and one horse who was scheduled to run being among the seven who died of various causes at Churchill Downs over a 10-day span.

Derby favorite Forte also won't be running the Preakness after he landed on the Kentucky Horse Racing Commission's vet list, grounding him from racing for at least 14 days.

Here's a look at the horses running this year's Preakness, odds and post position:

National Treasure

• Post position: 1
• Odds: 8-5

Chase The Chaos

• Post position: 2
• Odds: 50-1

Mage

• Post position: 3
• Odds: 8-5

Coffeewithchris

• Post position: 4
• Odds: 20-1

Red Route One

• Post position: 5
• Odds: 10-1

Perform

• Post position: 6
• Odds: 15-1

Blazing Sevens

• Post position: 7
• Odds: 6-1

How to watch

Coverage begins on NBC and CNBC at 1 p.m. ET. Coverage will also be streamed on NBCSports.com, the NBC Sports app and Peacock. If you want to attend in person, ticket information is available online.

Preakness Live

These performers will be featured at Preakness on race day. Doors open at 10 a.m.

• Bruno Mars
• SOFI TUKKER
• Chantel Jeffries
• Zack Bia

See the full lineup and buy tickets online.

The Associated Press contributed to this report.