Preakness 2025: Horse by horse analysis

For several days, it appeared this year’s 150th Preakness might be a bland affair lacking star power and high-end horses.

But in later days Kentucky Derby favorite and runner-up Journalism got off the fence and into the action, while Sandman, initially thought to be a no-show, also came in.

Now we’ve got an intriguing match-up that includes the top two betting choices from the Run for the Roses, a D. Wayne Lukas runner (of course), and some new shooters that could cause trouble for the Derby horses. Here’s the lineup.

1. Goal Oriented (6-1)

    Post Position: 1
    Color/Sex: Dark bay or brown colt
    Age: 3
    Sire–Dam–Damsire: Not This Time – Bizzy Caroline – Afleet Alex
    Owner: SF Racing et al.
    Trainer: Bob Baffert
    Jockey: Flavien Prat
    Record: 2 starts: 2 wins, 0 places, 0 shows
    Earnings: $111,960
    Typical Running Style: Speed
    Last Raced: May 3, 2025 – Allowance – Won by ¾ lengths
    Note: Big jump up from allowance company
    Quote: “He’s really come into himself. The race the other day, he won that with so much to spare.”Bob Baffert

          Goal Oriented (6-1) takes a big step up from the allowance ranks after a solid win on Kentucky Derby Day, where he controlled the pace and had enough left in reserve. The undefeated colt is trained by Bob Baffert, who is never shy about entering talented but lightly raced runners in big spots. With Flavien Prat aboard and natural early speed, he’ll look to make his presence known early from the rail. Though untested against top competition, he brings upside and momentum into his stakes debut.

          VIDEO PAST PERFORMANCES

          3-May-2025CDAllowance N1X1st

          2. Journalism (8-5)

          Post Position: 2
          Color/Sex: Bay colt
          Age: 3
          Sire–Dam–Damsire: Curlin – Mopotism – Uncle Mo
          Owner: Eclipse Thoroughbred Partners et al.
          Trainer: Michael McCarthy
          Jockey: Umberto Rispoli
          Record: 6 starts: 4 wins, 1 place, 1 show
          Earnings: $1,638,880
          Typical Running Style: Mid-pack
          Last Raced: May 3, 2025 – Kentucky Derby – Second by 1½ lengths
          Note: Runner-up as favorite in Kentucky Derby, snapping 4-race win streak
          Quote: “He’s had a couple of good mornings since I’ve been [at Churchil. Downs]. Very pleased what I’ve seen so far. He’s a horse that’s doing well. He’s thriving in his environment.”Michael McCarthy

          Journalism (8-5) comes into the Preakness as the likely favorite after finishing a strong second in the Kentucky Derby, where he closed from mid-pack and had a head in front but couldn’t hold off the winner. The Curlin colt had won four straight races heading into Churchill Downs and was bet like a standout on Derby Day. Trained by Michael McCarthy and piloted again by Umberto Rispoli, Journalism brings class, consistency, and a versatile running style to Baltimore, aiming to get back to his winning ways.

          VIDEO PAST PERFORMANCES

          3-May-2025CDKentucky Derby2nd
          5-Apr-2025SASanta Anita Derby1st
          1-Mar-2025SASan Felipe S.1st
          14-Dec-2024LALos Alamitos Futurity1st

          3. American Promise (15-1)

          Post Position: 3
          Color/Sex: Chestnut colt
          Age: 3
          Sire–Dam–Damsire: Justify – Tapella – Tapit
          Owner: BC Stables LLC
          Trainer: D. Wayne Lukas
          Jockey: Nik Juarez
          Record: 10 starts: 2 wins, 1 place, 1 show
          Earnings: $444,874
          Typical Running Style: Speed-press
          Last Raced: May 3, 2025 – Kentucky Derby – 16th by 38½ lengths
          Note: 89-year-old trainer seeks eighth Preakness
          Quote: “He’s doing exceptionally well. He’s back in the feed tub, no worse for wear, almost like he didn’t participate [in the Kentucky Derby]. So, we feel pretty good about him. That’s all you can ask. But his energy level is really good.”D. Wayne Lukas

          American Promise (15-1) returns just two weeks after a forgettable run in the Kentucky Derby, where he made an early move before backing out and finished far back. Despite that, Hall of Fame trainer D. Wayne Lukas reports the chestnut colt bounced back quickly and is showing great energy ahead of the Preakness. With a pedigree built for distance and early speed, and an iconic trainer chasing his eighth Preakness win, American Promise could rebound sharply if he runs back to his better efforts.

          VIDEO PAST PERFORMANCES

          3-May-2025CDKentucky Derby16th
          15-Mar-2025CNLVirginia Derby1st
          15-Feb-2025FGRisen Star5th

          4. Heart of Honor (12-1)

          Post Position: 4
          Color/Sex: Dark bay or brown colt
          Age: 3
          Sire–Dam–Damsire: Honor A. P. – Ruby Love – Scat Daddy
          Owner: Jim and Claire Limited
          Trainer: Jamie Osborne
          Jockey: Saffie Osborne
          Record: 6 starts: 2 wins, 4 places, 0 shows
          Earnings: $340,919
          Typical Running Style: Mid-pack
          Last Raced: April 5, 2025 – UAE Derby – Second by a nose
          Note: Just missed in UAE Derby but winner was then last in the Kentucky Derby
          Quote: “We still don’t know how good he is, because hopefully he’s still improving. Where that leaves us, we’ll find out. We’ve got to roll the dice and see where we are.”Jimmy McCarthy, assistant trainer

          Heart of Honor (12-1) ships in from overseas following a narrow loss in the UAE Derby, where he came up just a nose short in a strong finish. Though the winner of that race failed to fire in the Kentucky Derby, this colt brings a consistent record and the confidence of a European-based team that’s aiming high. Trained by Jamie Osborne and ridden by his daughter Saffie, Heart of Honor has never missed the exacta and continues to improve. He’s a question mark against top U.S. company, but his form and attitude suggest he belongs in the conversation.

          VIDEO PAST PERFORMANCES

          5-Apr-2025MeydanUAE Derby2nd

          5. Pay Billy (20-1)

          Post Position: 5
          Color/Sex: Bay colt
          Age: 3
          Sire–Dam–Damsire: Improbable – Harlington’s Rose – Harlington
          Owner: RKTN Racing LLC
          Trainer: Michael Gorham
          Jockey: Raul Mena
          Record: 8 starts: 4 wins, 1 place, 1 show
          Earnings: $234,475
          Typical Running Style: Press-stalk
          Last Raced: April 19, 2025 – Federico Tesio Stakes – Won by 1½ lengths
          Note: Carries local hopes after winning Laurel’s two-turn stakes for sophomores
          Quote: “It’s going to be an exciting week. We’re looking forward to it.”Mike Gorham

          Pay Billy (20-1) enters the Preakness with momentum and a touch of hometown pride after capturing the Federico Tesio Stakes at Laurel Park. The son of Improbable has quietly put together a solid résumé and will now test much deeper waters on racing’s biggest stage. Trainer Mike Gorham is embracing the moment, and with Raul Mena staying aboard, this press-stalk type figures to sit just off the leaders and hope for a well-timed move. Though facing tougher foes, Pay Billy would make a lot of locals happy if he outruns expectations at Pimlico.

          VIDEO PAST PERFORMANCES

          19-Apr-2025LRLFederico Tesio S.1st
          22-Mar-2025LRLPrivate Terms1st

          6. River Thames (9-2)

          Post Position: 6
          Color/Sex: Bay colt
          Age: 3
          Sire–Dam–Damsire: Maclean’s Music – Proportionality – Discreet Cat
          Owner: WinStar Farm et al.
          Trainer: Todd Pletcher
          Jockey: Irad Ortiz, Jr.
          Record: 4 starts: 2 wins, 1 place, 1 show
          Earnings: $261,900
          Typical Running Style: Stalk
          Last Raced: April 8, 2025 – G1 Blue Grass – Third by ¾ lengths
          Note: Bypassed the Derby to await the Preakness for a Hall of Fame trainer who has yet to win this race
          Quote: “He’s run well in every start. The tough beat in the Fountain of Youth looks even stronger after Sovereignty’s performance in the Derby. He’s held his best form. He’s run well every time. We’re hoping maybe by bringing in a fresh horse, it will give us a little bit of an advantage.”Todd Pletcher

          River Thames (9-2) arrives at the Preakness fresh after skipping the Kentucky Derby, a strategic decision by Hall of Fame trainer Todd Pletcher, who is still seeking his first win in this race. The bay colt has never run a bad one, finishing a close third in the Grade 1 Blue Grass after a near-miss in the Fountain of Youth, won by Kentucky Derby hero Sovereignty. With top jockey Irad Ortiz Jr. aboard and a stalking style that suits Pimlico, River Thames is a serious contender looking to capitalize on fresher legs and consistent form.

          VIDEO PAST PERFORMANCES

          5-Apr-2025KEEBlue Grass Stakes3rd
          1-Mar-2025GPFountain of Youth S.2nd

          7. Sandman (4-1)

          Post Position: 7
          Color/Sex: Gray/roan colt
          Age: 3
          Sire–Dam–Damsire: Tapit – Distorted Music – Distorted Humor
          Owner: D J Stable et al.
          Trainer: Mark Casse
          Jockey: John Velazquez
          Record: 9 starts: 3 wins, 1 place, 2 shows
          Earnings: $1,254,595
          Typical Running Style: Closer
          Last Raced: May 3, 2025 – Kentucky Derby – Seventh by 12½ lengths
          Note: Deep closer needs a lively pace as he got when winning the Arkansas Derby
          Quote: “He’s an extremely happy horse right now. It looks like the race might set up nice for him. It looks like there’s a fair amount of speed. I always quote Allen Jerkens, ‘Run ‘em when they’re good,’ and he’s good right now. We were planning on waiting for the Belmont, but a lot of things can happen in between. He’s telling us he’s happy so we’re going to go with it.”Mark Casse

          Sandman (4-1) returns just two weeks after finishing seventh in the Kentucky Derby, where he made up some ground late but couldn’t threaten the leaders. A powerful closer, he earned his spot in the Triple Crown spotlight with a dramatic win in the Arkansas Derby, and trainer Mark Casse is hoping for a similar pace setup here. With Hall of Famer John Velazquez staying aboard and the colt reportedly thriving, Sandman looks to come flying late if things unfold his way early.

          VIDEO PAST PERFORMANCES

          3-May-2025CDKentucky Derby7th
          29-Mar-2025OPArkansas Derby1st
          22-Feb-2025OPRebel S.3rd
          25-Jan-2025OPSouthwest S.2nd
          27-Oct-2024CDStreet Sense S.3rd
          14-Sep-2024CDIroquois S.5th

          8. Clever Again (5-1)

          Post Position: 8
          Color/Sex: Bay colt
          Age: 3
          Sire–Dam–Damsire: American Pharoah – Flattering – Galileo
          Owner: Winchell Thoroughbreds et al.
          Trainer: Steve Asmussen
          Jockey: Jose Ortiz
          Record: 3 starts: 2 wins, 1 place, 0 shows
          Earnings: $198,400
          Typical Running Style: Speed
          Last Raced: March 30, 2025 – Hot Springs Stakes – Won by 4 lengths
          Note: Lightly raced sort has a profile that sometimes wins the Preakness
          Quote: “We’re pretty confident he can carry his speed a long distance. He’s very professional. He acts like a horse who just wants to do it. Mentally, he’s doing great. Physically, he’s doing great, and they think he’s coming into his own.”Ron Winchell, owner

          Clever Again (5-1) enters the Preakness with confidence after a dominant win in the Hot Springs Stakes, where he powered away to a 4-length victory. Trained by Steve Asmussen and ridden by Jose Ortiz, this speedster has only raced three times but shows the potential to go a distance despite his brief career. His pedigree suggests he can handle the demands of a classic race, and with a fresh approach and a steadily improving form, Clever Again is a dangerous horse to watch as he seeks to carry his early speed a bit longer.

          VIDEO PAST PERFORMANCES

          30-Mar-2025OPHot Springs S.1st

          9. Gosger (20-1)

          Post Position: 9
          Color/Sex: Gray/roan colt
          Age: 3
          Sire–Dam–Damsire: Nyquist – Gloria S – Tapit
          Owner: Harvey A. Clarke Racing Stables LLC
          Trainer: Brendan Walsh
          Jockey: Luis Saez
          Record: 3 starts: 2 wins, 1 place, 0 shows
          Earnings: $292,200
          Typical Running Style: Press-stalk
          Last Raced: April 12, 2025 – G3 Lexington – Won by 2 lengths
          Note: Looked good in winning the Lexington but must improve
          Quote: “I thought he took a big step up in the Lexington off a maiden win, and he looks like he’s come forward again.”Brendan Walsh

          Gosger (20-1) heads into the Preakness with the confidence of a recent winner, having taken the G3 Lexington Stakes by 2 lengths. Though still relatively inexperienced, the gray colt has shown steady progression and is now looking to take another step up in class. Trained by Brendan Walsh and ridden by Luis Saez, Gosger will need to improve again if he hopes to contend with the tougher competition in Baltimore, but his connections are making the right noises.

          VIDEO PAST PERFORMANCES

          12-Apr-2025KEELexington1st

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