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2026 Preakness Stakes predictions, odds, field, contenders: Picks from premier horse racing expert
TL;DR
The 151st Preakness Stakes will be held on May 16 at Laurel Park, with Iron Honor as the betting favorite at 9-2. Golden Tempo has withdrawn after winning the Kentucky Derby, impacting the Triple Crown chase.
Key points
- 2026 Preakness Stakes on May 16 at 6:50 p.m. ET
- Laurel Park hosts the event due to renovations at Pimlico
- Golden Tempo withdraws after winning the Kentucky Derby
- Iron Honor is the betting favorite at 9-2
- Other contenders include Taj Mahal, Chip Honcho, and Incredibolt
Mentioned in this story
Laurel ParkPimlico Race Course
Preakness Stakes
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Horse racing fans and bettors will have another big opportunity on Saturday, May 16 when the 151st running of the Preakness Stakes takes place at 6:50 p.m. ET. Laurel Park will be the setting for the 2026 Preakness Stakes as Pimlico Race Course continues to undergo renovations. The biggest story regarding the Preakness Stakes 2026 is Golden Tempo's withdrawal after winning the Kentucky Derby, which means the potential for a Triple Crown will have to wait one more year.
Iron Honor is the betting favorite in the latest Preakness Stakes odds at 9-2 but he's followed closely by Taj Mahal, Chip Honcho and Incredibolt at 5-1 while Ocelli is at 6-1. Before making any 2026 Preakness Stakes picks, be sure to see the 2026 Preakness Stakes predictions and best bets from SportsLine's elite horse racing expert Gene Menez.
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A former reporter and editor at Sports Illustrated, Menez covered an array of sports, including horse racing, for the magazine and its website for almost 14 years. Between 2010 and 2012, he served as SI's handicapper for the Triple Crown races and correctly predicted Super Saver to win the Kentucky Derby in 2010.
In 2015, while writing for Sports on Earth, Menez accurately gave out the Kentucky Derby superfecta (American Pharoah, Firing Line, Dortmund and Frosted), which paid $1,268.20 for $2. Then in 2017, he tweeted out his Kentucky Derby picks, including Always Dreaming to win, and hit the Pick 4, which paid almost $6,900 on a $1 bet. In 2024, Menez gave out 18-1 Mystik Dan as a live longshot in the Kentucky Derby. In last year's Kentucky Derby, he hammered the exacta and trifecta for a $1,045 payout. Anyone who has followed his horse racing betting advice could be way up.
Now, Menez has handicapped the 2026 Preakness Stakes field and revealed his picks. .
Q&A
What time does the 2026 Preakness Stakes start?
The 2026 Preakness Stakes is scheduled to start at 6:50 p.m. ET on May 16.
Who are the top contenders for the 2026 Preakness Stakes?
The top contenders include Iron Honor at 9-2, Taj Mahal, Chip Honcho, and Incredibolt at 5-1, and Ocelli at 6-1.
Why did Golden Tempo withdraw from the Preakness Stakes?
Golden Tempo withdrew from the Preakness Stakes after winning the Kentucky Derby, affecting the possibility of a Triple Crown this year.
Where is the 2026 Preakness Stakes being held?
The 2026 Preakness Stakes will take place at Laurel Park due to renovations at Pimlico Race Course.
