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
2007 Preakness Stakes 1:53.46, then considered to be tied for the fastest time ever with the clocking of 1:53 (which can range from 1:53.40-1:53.59) set in 1985 by Tank's Prospect and tied in 1996 by Louis Quatorze. However, the current record for the race is 1:53.00, retroactively credited to Secretariat in 2012 after a timer malfunction in the 1973 Preakness Stakes. The 132nd Preakness Stakes Payout Schedule This list contains the current 2007 standings that leads to the Preakness Stakes race. 2007 Preakness Stakes The 2007 Preakness Stakes was the 132nd running of the Preakness Stakes thoroughbred horse race. The race took place