Kentucky Derby winner Sovereignty will not compete in the 150th Preakness Stakes on May 17. Because of this decision, there will be no Triple Crown winner this year, but Sovereignty will prepare to run the Belmont Stakes in June.

Sovereignty was the 8-5 favorite leading up to the confirmed field for the Preakness and was obviously expected to be a strong contender. According to The Courier-Journal, Bill Mott, Sovereignty's trainer,

Sovereignty, the winner of the 2025 Kentucky Derby, will not race in the Preakness Stakes in Baltimore next week, meaning there will not be a Triple Crown winner for the seventh year in a row.