Hiram Moreno
May is one of the most exciting months for horse racing enthusiasts not only in the US but worldwide. All eyes are on the Preakness Stakes 2023, as fans gear up for another exhilarating race on the third Saturday of May. And what better way to celebrate the day than by honoring our brave military forces?
As we gear up for the second leg of the prestigious triple crown in horse racing, all eyes are on the highly anticipated Preakness Stakes 2023. The first leg, the Kentucky Derby,happened a few days ago at the beginning of this month, and the final leg, the Belmont Stakes, is scheduled for June 10.
This year’s Preakness Stakes, the 148th edition of the race, will take place as always at the Pimlico Race Course in Baltimore, Maryland, where top jockeys will ride some of the best horses in the country.
Now that we’ve set the stage and immersed ourselves in the excitement of this event, let’s dive into the juicy details that JefeBet brings you. What’s the prize money for the Preakness Stakes 2023, you ask?
Updated Purse and Prize Money Breakdown for the Preakness Stakes on May 20, 2023
After this race had its biggest prize in history in 2022, with a total of $1,650,000 million to be distributed, this edition of the Preakness Stakes will not be as lucrative as the previous one, although it will still distribute a not inconsiderable $1,500,000 million.
It’s important to remember that there are several factions involved in a horse race. The prize money for the winners will be divided into percentages of 80%, 10%, and 10% among the horse owner, trainer, and jockey, respectively.
But that’s not all! The winner of the Preakness Stakes 2023 won’t just be leaving with a full wallet, but also with a prestigious trophy – the Woodlawn Vase. This trophy is the most valuable in American sports, with a price tag of $30,000.
So, without further ado, let’s break down the earnings for the Preakness Stakes 2023:
| Position | Owner | Trainer | Rider | Prize in total |
| 1 | $720.000 | $90,000 | $90,000 | $900.000 |
| 2 | $240,000 | $30,000 | $30,000 | $300,000 |
| 3 | $132.000 | $16.500 | $16.500 | $165.000 |
| 4 | $72,000 | $9,000 | $9,000 | $90,000 |
| 5 | $36.000 | $4.500 | $4.500 | $45.000 |
Additional facts and interesting facts about the Preakness Stakes 2023
- The record victory in this race also goes to Secretariat, who won the 1973 Preakness Stakes in a time of 1:53.
- The jockey who has won the Preakness Stakes the most times is Eddie Arcaro (seven times), who is a Hall of Famer and the only rider to have won the Triple Crown on two separate occasions.
- The first prize given out in the Preakness Stakes was $3,000 in the 1873 edition.
- The reigning champion is Early Voting, who was ridden by Puerto Rican José Ortiz.
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