Preakness Stakes was known as the Preakness Handicap. In March 2009 Magna Entertainment Corp., which owns Pimlico, filed for Chapter 11 bankruptcy thus throwing open the possibility the Stakes could move again. On April 13, 2009, the Maryland Legislature approved a plan to buy the Stakes and the Pimlico course if Magna Entertainment cannot find a buyer. Attendance at the Preakness Stakes ranks second in North America and usually surpasses the attendance of all other stakes races including the Belmont Stakes, the Breeders' Cup and the Kentucky Oaks. The attendance of the Preakness Stakes typically only trails the Kentucky Derby, for more
2011 Belmont Stakes able to recover and finished in 6th place. Shackleford finished in 5th place after leading for most of the race before the final stretch. Other starters were Kentucky Derby second-place finisher Nehro and Mucho Macho Man, 3rd in the Derby and 6th in the Preakness. Other Derby contenders Master of Hounds (5th) and Santiva (6th) also ran. Kentucky Derby winner Animal Kingdom was installed as the 2–1 early line favorite. For the first time, the first seven finishers from the Derby ran in the Belmont. The Belmont Stakes Payout Schedule 2011 Belmont Stakes The 2011 Belmont Stakes was the 143rd