Attending the Preakness Stakes 2023: History, betting and more on the American thoroughbred race

Janice Dean previews the winner of the Preakness Stakes with horse race handicapper Naomi Turner on 'Fox & Friends.'

The famed Preakness Stakes is the second race of the Triple Crown. It is run two weeks after the Kentucky Derby and three weeks before the final event of the Triple Crown, the Belmont Stakes.

The event commenced in 1873, but has not always taken place in Maryland as it currently does. The Preakness Stakes was originally held in Gravesend, New York, and happened at different times every year. In 1932, the race was scheduled for two weeks after the Kentucky Derby race. 

The track the horses run in the Preakness Stakes is just slightly shorter than the Kentucky Derby track. The length for the Stakes is one and three-sixteenth miles, and the length for the Derby is one and one-quarter mile. 

HISTORICAL AND MEMORABLE KENTUCKY DERBY RACES FROM 1875 AND ON 

The Preakness Stakes takes place two weeks after the Kentucky Derby. (Paul Morigi/Getty Images for 1/ST)

Only 12 horses have become Triple Crown winners. The term was coined in 1930 to describe a horse that wins all three of the annual coveted horse races. 

If you are attending the Preakness Stakes, here is some important information to know about the horse race. 

A ticket to the Stakes race will vary depending on the year and where the seat is located. 

MEET THE AMERICAN WHO CREATED THE KENTUCKY DERBY, MERIWETHER LEWIS CLARK JR., BORN OF PIONEERS

Ticket prices for the event vary depending on where your seats are located, but the average ticket falls right around $170. (Patrick Smith/Getty Images)

On the low end, tickets to the race run about $80, according to SeatGeek, with the average ticket being around $170. 

The tickets on the higher end cost