By Scooby Axson
May 16, 2014

Favorite California Chrome will start from post position No. 3. (Kevin C. Cox/Getty Images) Favorite California Chrome will start from post position No. 3 at the Preakness. (Kevin C. Cox/Getty Images)

The 139th Preakness Stakes will take place Saturday in Baltimore. California Chrome is the betting favorite after his Kentucky Derby win.'s Tim Layden wrote about how the horse is running for validation on Saturday:

"It is the Preakness that decides whether a horse -- and that horse's story -- will be given life beyond a single weekend. And it is the Preakness that decides whether the Belmont Stakes, run three weeks later in New York will have the special meaning attached to a Triple Crown attempt."

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

Where: Pimlico Race Course in Baltimore

When: Saturday, May 17

Race Time: 6:18 p.m. ET

Television: Coverage begins at 4:30 p.m. on NBC. Live streaming will be on NBC Live Extra.

Favorite: California Chrome

Post Positions: Full list of expected starters

For more information, read senior writer Tim Layden's Preakness Stakes preview.

Betting: The latest odds

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

Track record: 1:52.2, Farma Way, 1991

Preakness record: 1:53.00, Secretariat, 1973

Purse: $1.5 million

More Preakness Stakes coverage:

GALLERY: How past Preakness Stakes favorites fared

LAYDEN: California Chrome runs for validation at Preakness

LAYDEN: Kentucky Derby win reunites California Chrome jockey with ailing brother

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