The 150th running of the Preakness Stakes will take place this weekend at Baltimore's historic Pimlico Race Course.

This will be the final horse race at the track ahead of demolition and a major reconstruction project, which will impact Pimlico and the surrounding Park Heights neighborhood.

When is the Preakness Stakes?



The Preakness Stakes, the second leg of horse racing's Triple Crown, will be on Saturday, May 17. Post time is scheduled for approximately 6:50 p.m.

Who are the favorites?



Journalism, who finished second in the Kentucky Derby, is among the odds-on favorites to win the Preakness Stakes . The horse is trained by Michael McCarthy and ridden by jockey Umberto Rispoli.

Journalism was the Kentucky Derby favorite before Sovereignty to the win.

Sovereignty, the Kentucky Derby winner, will not run in the Preakness, his trainer announced last week.

Sandman and American Promise are the other Preakness Stakes horses who competed in the Kentucky Derby.

Sandman, ridden by jockey John Velazquez and trained by Mark Casse, placed seventh in the Kentucky Derby. The colt is named after the Metallica song "Enter Sandman," and social media influencer Griffin Johnson is part of the ownership group.

American Promise, trained by 89-year-old Hall of Famer D. Wayne Lukas, finished 16th in the Kentucky Derby. The horse is the son of 2018 Triple Crown winner Justify.

Who won the 2024 Preakness Stakes?



Trainer D. Wayne Lukas claimed his seventh Preakness Stakes with Seize the Grey winning the race. The gray colt had 15:1 odds before the 2024 Preakness Stakes, edging race favorite Mystik Dan.

Preakness Stakes history in Baltimore



Pimlico Race Course opened on October 25, 1870, making it the second oldest racetrack in the United States, according to its website . The first Preakness Stakes was run in 1873.

Horses run around the dirt track over a distance of 1 3/16 miles (or 9.5 furlongs and 1.9 kilometers).

Pimlico Race Course has been the middle victory for 13 Triple Crown winners, including Secretariat, Seattle Slew, American Pharoah, and most recently, Justify, in 2018.

Secretariat, in 1973, owns the Pimlico course record.

Trainer Bob Baffert, who has Gold Oriented in this weekend's Preakness Stakes, has a trainer record with eight wins. D. Wayne Lukas will be looking for his eighth win at Pimlico, training American Promise.

Pimlico Race Course to undergo renovations



Saturday's horse races will be the last at Pimlico before the community undergoes a massive transformation.

The Maryland Board of Public Works approved the Maryland Stadium Authority's plan to demolish Pimlico and begin reconstruction .

The MSA unveiled the concept design for the new Pimlico Race Course, which will create a "strong and consistent identity." The new clubhouse will be inspired by Baltimore landmarks, like the Rawlings Conservatory in Druid Hill Park and the original Pimlico clubhouse.

The renovation will make Pimlico the permanent home of Maryland thoroughbred racing and will allow the facility to host more than 100 racing days each year. It currently hosts about 15 yearly.

Aside from making Pimlico a world-class race track, there will be a hotel, event space, and other amenities.

"This work is bigger than a racetrack, as historic and important as it is," said MSA Chair Craig Thompson. "This is about bringing hundreds of millions of dollars in state investment to Park Heights."

The Preakness Stakes will move to Laurel Race Course in 2026 before returning to Pimlico in 2027.

What races make up the Triple Crown?



With Kentucky Derby winner Sovereignty forgoing the Preakness Stakes, there will not be a Triple Crown winner this year.

The Triple Crown of thoroughbred racing includes the Kentucky Derby, Preakness Stakes, and Belmont Stakes.

There have been 13 Triple Crown winners, who won all three races within the same year. The most recent Triple Crown winners were Justify in 2018 and American Pharoah in 2015.

Before that, Affirmed won the Triple Crown in 1978, and Seattle Slew won in 1977.

The Baltimore City Department of Transportation (BCDOT) announced road closures and traffic modifications for Saturday, May 17.

Thursday, May 15, starting at 6 p.m. until Sunday, May 18, at 1 a.m.

Friday, May 16, from 5 a.m. until 8 p.m., and Saturday, May 17, from 5 a.m. until Sunday, May 18, at 1 a.m.

Saturday, May 17, from 5 a.m. until 5 p.m.

Saturday, May 17, from 6 a.m. until 10 p.m.

Saturday, May 17, from 7 a.m. until 5 p.m.

Saturday, May 17, from 5 p.m. until 10 p.m.

Saturday, May 17, from 5 p.m. until Sunday, May 18, at 1 a.m.

Adam Thompson is a digital content producer for CBS Baltimore.

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