A new champion has emerged from the Preakness Stakes. Napoleon Solo clinched the victory on Saturday at Laurel Park in Maryland, successfully fending off a late surge by Iron Honor and Chip Honcho in the final moments of the race.
During the 151st edition of this prestigious event, the crowd favorite, Taj Mahal, initially charged ahead, seizing an early lead right out of the gates. However, as the horses navigated the back stretch, Taj Mahal’s pace faltered, ultimately resulting in a distant 10th place finish.
This setback allowed Napoleon Solo, with odds of 7-1, to seize the advantage, skillfully maneuvering to the inside lane and securing the coveted blanket of Black Eyed Susans in the winner’s circle.
Napoleon Solo’s triumph brought a substantial financial reward for its owners at Gold Square LLC, along with accolades for head trainer Chad Summers and jockey Paco Lopez.
Now, let’s delve into the distribution of the prize money and the payouts from the race.
2026 Preakness Stakes purse
This year, the Preakness Stakes boasted a purse of $1.2 million, marking it as one of the most lucrative payouts in the horse racing calendar. The remainder of the field shared this sum based on their finishing positions, with the breakdown as follows.
First: $1,200,000 (Napoleon Solo)
Second: $400,000 (Iron Honor)
Third: $220,000 (Chip Honcho)
Fourth: $120,000 (Ocelli)
Fifth: $60,000 (Incredibolt)
Traditionally, 80% of that goes to the horse’s owner (or owners), while 10% goes to the trainer and the final 10% goes to the jockey.
2026 Preakness Stakes payouts
10-Napoleon Solo WIN: $17.80 PLACE: $9.80 SHOW: $7.40
9-Iron Honor PLACE: $9.20 SHOW: $6.60
6-Chip Honcho SHOW: $8.20
$2.00 Exacta (10-9) $107.20
$1.00 Trifecta (10-9-6) $597.10
$1.00 Superfecta (10-9-6-2) $2,377.80
