The Preakness Stakes is an American flat Thoroughbred horse race

Thoroughbred horse race

Thoroughbred horse racing is a worldwide sport and industry involving the racing of Thoroughbred horses. It is governed by different national bodies. There are two forms of the sport: Flat racing and National Hunt racing...

 for three-year-olds held on the third Saturday in May each year at Pimlico Race Course

Pimlico Race Course

Pimlico Race Course is a horse racetrack in Baltimore, Maryland, most famous for hosting the Preakness Stakes. Its name is derived from the 1660s when English settlers named the area where the facility currently stands in honor of Olde Ben Pimlico's Tavern in London...

 in Baltimore, Maryland. It is a Grade I

Graded stakes race

A graded stakes race is a term applied since 1973 by the American Graded Stakes Committee of the Thoroughbred Owners and Breeders Association to thoroughbred horse races in the United States and Canada to describe races that derive their name from the stake, or entry fee, owners must pay...

 race run over a distance of 9.5 furlong

Furlong

A furlong is a measure of distance in imperial units and U.S. customary units equal to one-eighth of a mile, equivalent to 220 yards, 660 feet, 40 rods, or 10 chains. The exact value of the furlong varies slightly among English-speaking countries....

s on dirt. Colts and gelding

Gelding

A gelding is a castrated horse or other equine such as a donkey or a mule. Castration, and the elimination of hormonally driven behavior associated with a stallion, allows a male horse to be calmer and better-behaved, making the animal quieter, gentler and potentially more suitable as an everyday...

s carry 126 pounds (57 kg); fillies 121 lb (55 kg). It is the second leg of the US Triple Crown

United States Triple Crown of Thoroughbred Racing

In the United States, the "Triple Crown" is usually the Triple Crown of Thoroughbred Racing, a series of three Thoroughbred horse races for three-year-old horses run in May and early June of each year consisting of the Kentucky Derby, Preakness Stakes, and Belmont Stakes.While Daily Racing Form...

, with the Kentucky Derby

Kentucky Derby

The Kentucky Derby is a Grade I stakes race for three-year-old Thoroughbred horses, held annually in Louisville, Kentucky, United States on the first Saturday in May, capping the two-week-long Kentucky Derby Festival. The race is one and a quarter mile at Churchill Downs. Colts and geldings carry...

 preceding it and the Belmont Stakes

Belmont Stakes

The Belmont Stakes is an American Grade I stakes Thoroughbred horse race held every June at Belmont Park in Elmont, New York. It is a 1.5-mile horse race, open to three year old Thoroughbreds. Colts and geldings carry a weight of 126 pounds ; fillies carry 121 pounds...

 following it. The horse must win all three races to win the Triple Crown.

The Preakness Stakes has been termed "The Run for the Black-Eyed Susans" because a blanket

Blanket

A blanket is a type of bedding, generally speaking, a large piece of cloth, intended to keep the user warm, especially while sleeping. Blankets are distinguished from sheets by their thickness and purpose; the thickest sheet is still thinner than the lightest blanket. Blankets are generally used...

 of Black-eyed Susans (Rudbeckia hirta

Rudbeckia hirta

Rudbeckia hirta, the Black-eyed Susan, with the other common names of: Brown-eyed Susan, Brown Betty, Brown Daisy , Gloriosa Daisy, Golden Jerusalem, Poorland Daisy, Yellow Daisy, and Yellow Ox-eye Daisy. It is a flowering plant in the family Asteraceae...

, the state flower of Maryland

Maryland

Maryland is a U.S. state located in the Mid Atlantic region of the United States, bordering Virginia, West Virginia, and the District of Columbia to its south and west; Pennsylvania to its north; and Delaware to its east...

) is traditionally placed around the winner's neck.