The trophy for the Preakness is the Woodlawn Vase, considered the most valuable trophy in sports with a value of roughly $4 million. Before 1954, the vase itself was given to the winning owner, who kept it for the following year. In 1954 though, Vanderbilt declined to take the original trophy home and instead was given a replica. This set a new tradition where the original Woodlawn Vase is displayed at Pimlico on Preakness day but otherwise resides at the Baltimore Museum of Art. Vanderbilt's replica trophy was sold at auction in 2018 for $100,000.