Monday May 11th, 2015

The 140th Preakness Stakes will be held on Saturday at the Pimlico Race Course in Maryland.

After winning the Kentucky Derby, American Pharoah has been given 2-3 odds to win the second leg of the Triple Crown. Firing Line and Dortmund, which finished second and third at the Derby, have the next-best Preakness odds.

American Pharoah will start along the rail during the Preakness. "I don't like being down on the inside, but we'll have to deal with it," trainer Bob Baffert told Yahoo after the post position draw. Baffert also trains Dortmund.

Last year's Preakness winner was California Chrome, who had the same jockey as American Pharoah does this year in Victor Espinoza. 

Here’s what you need to know before the race:

Where: Pimlico Race Course, Baltimore, Md.

When: Saturday, May 16

Post Time: 6:14 p.m. ET

Television: Coverage begins at 2:30 p.m. on NBC Sports Network and at 4:30 p.m. on NBC.

Live Stream: NBC Live Extra will live stream the race

Favorite: American Pharoah

Betting: The latest odds for Saturday's race. 

Track Distance: 1 3/16 miles (9.5 furlongs)

Track and Pimlico record: 1:52 2/5 secs, Farma Way (1991)

Purse: $1.5 million

Post Positions: Full list can be found below

Gate 1: American Pharoah

Gate 2: Dortmund

Gate 3: Mr. Z

Gate 4: Danzig Moon

Gate 5: Tale of Verve

Gate 6: Bodhissatva

Gate 7: Divining Rod

Gate 8: Firing Line

SI Apps
We've Got Apps Too
Get expert analysis, unrivaled access, and the award-winning storytelling only SI can provide - from Peter King, Tom Verducci, Lee Jenkins, Seth Davis, and more - delivered straight to you, along with up-to-the-minute news and live scores.