The 150th running of the Preakness Stakes takes place Saturday at Pimlico Race Course and features three horses fresh off of runner-up spots in the Kentucky Derby, including Journalism, who is the clear favorite to leave Baltimore with a victory in the second leg of the Triple Crown.

Preakness Stakes is set for Saturday at 7:01 p.m. ET from Pimlico Race Course in Baltimore. The 2025 Preakness Stakes purse is $2 million, matching last year's total as the highest in race history. There will be no Triple Crown winner this year after Sovereignty's connections decided not to enter him following his win at the Kentucky Derby.

The 150th running of the Preakness Stakes features a nine-horse field led by Journalism (8-5). After closing as the favorite but finishing second to Sovereignty in the Kentucky Derby, Journalism races Saturday seeking redemption.