BALTIMORE, Maryland-National Treasure edged Blazing Stevens, who came in second, and Derby winner Mage, who placed third, to win the 148th running of the Preakness Stakes on Saturday at Pimlico Race Course in Baltimore, Maryland.

The win gives veteran jockey John Velazquez another victory, as well as trainer Bob Baffert, who now has won at the Preakness a historical eight times. Had Mage won the Preakness and subsequently the Belmont Stakes next month in New York, the second and third legs of the Triple Crown, the colt would have won the Triple Crown, which is now out of reach due to Saturday's third place finish.

Baffert had just finished completing a suspension for a failed drug test by his 2021 Kentucky Derby winner, Medina Spirit, and another horse he trained died before this year's Preakness. But he was elated Saturday.

Preakness Stakes payouts to the horse winners on Saturday in Baltimore were $900,000, which National Treasure won as the first place winner,  $300,000 for Blazing Stevens, and $165,000 that went to Mage for finishing third. Fourth and fifth place finishers earned $90,000 and $45,000, respectively.

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