Preakness Stakes Results, Payouts 2026: ML Odds, Complete Field, How To Watch The 151st Preakness Stakes Live

The second jewel of horse racing’s Triple Crown is set for Saturday as the 151st Preakness Stakes takes center stage — but this year brings a historic twist. Due to renovations at legendary Pimlico Race Course, the 2026 Preakness will be held at Laurel Park in Maryland for the first time ever. Post time is scheduled for approximately 6:50 PM ET.

The Kentucky Derby winner, Golden Tempo, will skip the race, meaning there will be no Triple Crown bid this season. That leaves a wide-open field packed with intriguing contenders, proven jockeys, and several horses entering with serious momentum.

READ — NFL SUPER BOWL 2027 ODDS POST SCHEDULE REVEAL

ML Odds favorites for the 2026 Preakness Stakes

Horse	Odds	Jockey	Trainer
Iron Honor	9/2	Flavien Prat	Chad Brown
Taj Mahal	5/1	Sheldon Russell	Brittany Russell
Chip Honcho	5/1	Jose Ortiz	Steven Asmussen
Incredibolt	5/1	Jaime Torres	Riley Mott
Ocelli	6/1	Tyler Gaffalione	D. Whitworth Beckman
Napoleon Solo	8/1	Paco Lopez	Chad Summers

Horses to Watch

Iron Honor (9/2) enters as the morning-line favorite after a strong prep season for powerhouse trainer Chad Brown. Flavien Prat takes the mount on a colt many believe has the perfect blend of speed and stamina for the 1 3/16-mile distance.

Taj Mahal (5/1) has quickly become one of the most talked-about horses in the field. Trained by Brittany Russell and ridden by Sheldon Russell, Taj Mahal is undefeated at Laurel Park and dominated the Federico Tesio Stakes by more than eight lengths. Home-track familiarity could become a huge factor Saturday night.

Chip Honcho (5/1) gives Hall of Fame trainer Steve Asmussen another serious Preakness contender. Jose Ortiz will guide the colt after a consistent spring campaign that has bettors paying close attention.

Incredibolt (5/1) may be the late-closing threat in the field after an impressive Kentucky Derby effort. If the early pace gets hot, this horse could come flying down the stretch late.

Meanwhile, Ocelli (6/1) returns after finishing third in the Kentucky Derby at long odds, making him one of the few proven horses against elite competition in this field.

How to Watch the 2026 Preakness Stakes Live

Fans can catch the 151st Preakness Stakes live on NBC Saturday evening, with coverage beginning earlier in the day on Peacock, NBCSports.com, and the NBC Sports app.

• Race Date: Saturday, May 16, 2026
• Main Race Post Time: Approximately 6:50 PM ET
• TV Channel: NBC
• Live Streaming: Peacock, NBCSports.com, NBC Sports App
• Location: Laurel Park — Laurel, Maryland

Cord-cutters can also stream the race live through services carrying NBC, including YouTube TV, Hulu + Live TV, Sling TV, and FuboTV.

Brief History of the Preakness Stakes

The Preakness Stakes was first run in 1873, making it one of the oldest horse races in America. It serves as the middle leg of the prestigious Triple Crown, sitting between the Kentucky Derby and Belmont Stakes. Legendary champions like Secretariat, American Pharoah, and Justify all captured Preakness victories during their Triple Crown runs.

Traditionally held at Pimlico Race Course in Baltimore, the event is famous for its black-eyed Susans blanket draped over the winning horse and its rich horse-racing tradition. This year’s temporary move to Laurel Park adds another unique chapter to the race’s storied history.

Full 2026 Preakness Field

1. Taj Mahal — Sheldon Russell (5/1)
2. Ocelli — Tyler Gaffalione (6/1)
3. Crupper — Junior Alvarado (30/1)
4. Robusta — Rafael Bejarano (30/1)
5. Talkin — Irad Ortiz Jr. (20/1)
6. Chip Honcho — Jose Ortiz (5/1)
7. The Hell We Did — Luis Saez (15/1)
8. Bull By The Horns — Micah Husbands (30/1)
9. Iron Honor — Flavien Prat (9/2)
10. Napoleon Solo — Paco Lopez (8/1)
11. Corona De Oro — John Velazquez (30/1)
12. Incredibolt — Jaime Torres (5/1)
13. Great White — Alex Achard (15/1)
14. Pretty Boy Miah — Ricardo Santana Jr. (15/1)

The stage is set for another unforgettable Saturday in horse racing as the 2026 Preakness Stakes looks completely up for grabs. Will the favorite deliver, or will a longshot steal the spotlight at Laurel Park?

If you can’t catch the action live, don’t worry. We have you covered! Check back here as the winners, along with all the payouts, will be posted in the comments section below.