Preakness Horse Racing Preakness Horse Racing

Oxbow won the 138th Preakness Stakes at the Pimlico Race Course in Baltimore, Md., Saturday, with a finishing time of 1:57:54. Coming in second was It's My Lucky Day and in third place was Mylute.

It was the third Preakness victory for jockey Gary Stevens. Oxbow had 15-1 odds heading into the race.

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Kentucky Derby winner Orb was listed as the heavy favorite heading into the race, with 3-5 odds, but finished in a disappointing fourth place. Orb was ridden by jockey Joel Rosario, who spurred him to victory at the Derby two weeks ago.

Oxbow came in sixth at the Kentucky Derby.