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Odds-on Favorite Iron Honor in Middle After Preakness Post Position Draw
Iron Honor leads a 14-horse field as Kentucky Derby winner Golden Tempo stays out of the Preakness.
On Saturday, May 16, 2026, Laurel Park will host the 151st Preakness Stakes with Iron Honor as the 9-2 favorite in a 14-horse field, as the race relocates from Pimlico Race Course due to ongoing construction.
Kentucky Derby winner Golden Tempo will not compete after connections announced last week he would skip the event to focus on health, marking the third time in five years a Derby winner has bypassed the Triple Crown's middle jewel.
Monday's post-position draw finalized the 14-horse lineup, with Taj Mahal, Chip Honcho, and Incredibolt trailing Iron Honor at 5-1 odds and a $2 million prize purse awaiting the winner at $1.2 million.
Trainer Brittany Russell expressed confidence in Taj Mahal's versatility after the draw, telling WBAL-TV 11 News that "there's some pressure, but we're handling it well" as she and jockey Sheldon Russell prepare to compete together.
With no Triple Crown winner possible this year, attention turns to long-shot contender Ocelli, who finished third in the Kentucky Derby; the race concludes Saturday at 6:50 p.m. ET with live coverage on NBC and Peacock.