The 2026 Preakness Stakes will take place on Saturday, May 16, at 6:50 p.m. ET in Laurel Park, Maryland. The 14-horse field will be without 2026 Kentucky Derby winner Golden Tempo, which means there wont be a Triple Crown winner this year.Iron Honor (9-2) is the morning-line favorite and drew the No. 9 post position. Incredibolt (No. 12 post position), Taj Mahal (No. 1) and Chip Honcho (No. 6) all have 5-1 odds on the morning line.Journalism won the 2025 Preakness as the favorite, finishing ahead of Gosger and Sandman in a nine-horse field.Here are the odds and post positions for every horse in the Preakness:Preakness odds, from Post 1 to 14Taj Mahal (5-1)Ocelli (6-1)Crupper (30-1)Robusta (30-1)Talkin (20-1)Chip Honcho (5-1)The Hell We Did (15-1)Bull by the Horns (30-1)Iron Honor (9-2)Napoleon Solo (8-1)Corona De Oro (30-1)Incredibolt (5-1)Great White (15-1)Pretty Boy Miah (15-1)