The Preakness Stakes is a historic horse race that has been taking place annually since 1873. It is the second leg of the Triple Crown of Thoroughbred Racing, which also includes the Kentucky Derby and the Belmont Stakes. The Preakness Stakes was named after a winning horse in the Dinner Party Stakes, Preakness, who was owned by Maryland Governor Oden Bowie. The race was originally run at a distance of 1 ½ miles, but was later shortened to 1 3/16 miles in 1925. Over time, the Preakness Stakes has evolved to become a major sporting event with millions of dollars in prize money and an international audience. The race has seen many legendary horses and jockeys compete over the years, including Seabiscuit, Secretariat, and American Pharoah. The Preakness Stakes has also become a cultural phenomenon, with a range of traditions and celebrations associated with the race. One of the most famous traditions is the black-eyed Susan cocktail, which is served at the race to celebrate the official flower of the Preakness Stakes. Overall, the Preakness Stakes has a rich history and continues to be a highlight of the horse racing calendar each year.