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Mage leads 2023 Preakness Stakes odds as post positions are announced

Watch as Larry Collmus, the voice of the Triple Crown, calls Mage's win during the thrilling 149th Kentucky Derby.

Kentucky Derby winner Mage opens as the 8-5 morning-line favorite for Saturday’s Preakness Stakes on NBC. While there are no other Kentucky Derby horses in the field, there are still formidable horses in this small but stellar field.

The 148th Preakness Stakes airs on Saturday, May 20 from 1 to 4:30 p.m. ET on CNBC and from 4:30 to 7:30 p.m. ET on NBC. Coverage is also available to stream live on, the NBC Sports app and Peacock.

The Gustavo Delgado-trained colt will break from the No. 3 spot at Pimlico just two weeks after claiming victory in the Derby with Javier Castellano in the irons. A win in this year’s Preakness would be Delgado’s first.

Bob Baffert, who was barred from being at last year’s Preakness, will return to the 2023 edition of the race with National Treasure (4-1), who finished fourth in the Santa Anita Derby.

Brad Cox colt First Mission was due to be in the field and had the second-best odds to win, but was scratched on Friday.

NBC Sports will also air the Black-Eyed Susan the day before on Friday, May 19 from 4:30 to 6 p.m. ET on Peacock.

Related: How to watch the 2023 Preakness Stakes

Preakness Stakes 2023 odds, post positions, lineup, horses

Below are the post positions for the 2023 Preakness Stakes, including opening odds as of May 15.

1. National Treasure (4-1)
Trainer: Bob Baffert
Jockey: John Velazquez

2. Chase the Chaos (50-1)
Trainer: Ed Moger, Jr.
Jockey: Sheldon Russell

3. Mage (8-5)
Trainer: Gustavo Delgado
Jockey: Javier Castellano

4. Coffeewithchris (20-1)
Trainer: John Salzman, Jr.
Jockey: Jamie Rodriguez

5. Red Route One (10-1)
Trainer: Steven Asmussen
Jockey: Joel Rosario

6. Perform (15-1)
Trainer: Claude McGaughey III
Jockey: Feargal Lynch

7. Blazing Sevens (6-1)
Trainer: Chad Brown
Jockey: Irad Oritz Jr.

SCR First Mission (5-2)
Trainer: Brad Cox
Jockey: Luis Saez


Watch the 148th running of the Preakness Stakes on Saturday, May 20 from 1 to 4:30 p.m. ET on CNBC and moves to NBC from 4:30 to 7:30 p.m. ET. You can also watch on, the NBC Sports app and Peacock.