Medina Spirit, with jockey John Velazquez, won the Kentucky Derby to begin the month, and as a result, is the betting favorite to win the 2021 Preakness Stakes at 9/5. The 146th running of the Preakness, which is the second jewel of thoroughbred racing's Triple Crown, is set for Saturday at Pimlico Race Course in Baltimore. The veterinary recommendation was to apply this ointment daily to give the horse relief, help heal the dermatitis and prevent it from spreading," part of Baffert's statement reads. © 2021 CNBC LLC. Of course, Medina Spirit did get there and will now have an opportunity to notch another jewel in the Triple Crown in May 15's Preakness Stakes. Beautiful Gift ran in Friday's Black-Eyed Susan Stakes but finished well back of the winner. The results mean Medina Spirit and stablemate Concert Tour, barring something else unforeseen, will be among the favorites in the 10-horse field for the 146th Preakness… Baffert is currently not allowed to race horses at Churchill Downs in Louisville, Kentucky, after a post-Derby drug test revealed a therapeutic in Medina Spirit's system that isn't allowed to be there on race day. Trained by … Kentucky Derby winner Medina Spirit is headed to Baltimore for the Preakness Stakes, while trainer Bob Baffert said Monday that he won't attend the race to avoid being a distraction. The announcement said there will be "rigorous testing and monitoring" of Medina Spirit and another Baffert-trained horse, Concert Tour, which also is set to run in the Preakness. Baffert on Sunday disclosed that Medina Spirit tested positive for 21 picograms of betamethasone, 11 picograms above the legal limit, on the day of the Kentucky Derby at Churchill Downs in Louisville. Kentucky Derby winner Medina Spirit was established as the 9-5 morning-line favorite for Saturday's Preakness Stakes at Pimlico Race Course in Baltimore. Kentucky Derby winner Medina Spirit on Tuesday was allowed to enter the upcoming Preakness Stakes race, with conditions, despite failing a drug test for the steroid betamethasone after its Derby victory. Kentucky Derby: Famed trainer Bob Baffert tells CNN he is being vilified for horse racing controversy, Israeli airstrike destroys Gaza building with AP, Al Jazeera offices, Big business set to relax mask mandates for vaccinated individuals, Vaccinated? All Rights Reserved. Medina Spirit will be allowed to run in Saturday’s Preakness Stakes despite a failed drug test that could cost him his victory in the Kentucky Derby. Medina Spirit’s Derby win by half a length over Mandaloun on May 1 gave Baffert his record seventh victory in the sport’s premier race. Medina Spirit (number 8 on the right) on the way to winning the 2021 Kentucky Derby at Churchill Downs on May 1, 2021 in Louisville, Kentucky. Updated 5:07 PM ET, Tue May 11, 2021 Kentucky Derby winner Medina Spirit arrived at Pimlico Race Course for the upcoming Preakness Stakes. Medina Spirit is entered in the Preakness … Embattled Kentucky Derby champion Medina Spirit passed his final pre-race drug tests, clearing the way for him to run in the Preakness Stakes on … Just two horses in the 147-year history of the Kentucky Derby have been disqualified, according to The Associated Press.Disclosure: CNBC parent NBCUniversal owns NBC and NBC Sports, which broadcast the Triple Crown races. Another Baffert horse, the filly Beautiful Gift, is entered to run in the George E. Mitchell Black-Eyed Susan Stakes at Pimlico on Friday, and will be subject to the same conditions, according to Tuesday's statement. Kentucky Derby winner Medina Spirit is headed to Baltimore for the Preakness Stakes while trainer Bob Baffert said Monday that he won’t attend the race to avoid being a distraction in the wake of scrutiny following the colt’s failed postrace drug test. A Division of NBCUniversal. "If any of the three Baffert horses test positive for a banned substance, or at a level for a permitted therapeutic substance that is above the designated limit, or if after medical review, reasonable conditions warrant, Baffert or [Maryland Jockey Club] on his behalf, will scratch the horse in question," the statement said. Preakness Stakes 2021: Medina Spirit will reportedly be allowed to run in race Medina Spirit and Bob Baffert's other horse, Concert Tour, will submit to pre-race testing A lab is retesting a portion of that blood sample and results are expected to take at least four weeks. Should the positive blood sample be confirmed. 3 spot in the gate at Pimlico in the 146th Preakness Stakes on May 15 with Hall of Fame trainer Bob Baffert agreeing to a special set of conditions after the colt failed his post-Derby drug test. Baffert, who is not attending the races in Baltimore, agreed with race organizers for the horses to be subject to three rounds of out-of-competition blood sample testing as a prerequisite to racing. He opens as the 9-5 favorite. John Velazquez aboard Medina Spirit (8) wins the 147th running of the Kentucky Derby at Churchill Downs. Kentucky Derby winner Medina Spirit was allowed to enter the upcoming Preakness Stakes race, with conditions, despite having tested positive for a restricted drug after the horse's Derby victory. Kentucky Derby-winning Medina Spirit has the No. His now-threatened victory with Medina Spirit was his seventh Kentucky Derby win. The conditions include "a binding commitment" from Medina Spirit's trainer, Bob Baffert, for "full transparency of medical and testing results that will allow for all results to be released to the public," Maryland Jockey Club and 1/St Racing said in a statement. Medina Spirit, with Hall of Fame rider John Velazquez aboard, is the 4-1 favorite according to BUSR. "I have been told that a finding of a small amount, such as 21 picograms, could be consistent with application of this type of ointment.". Michael Clevenger | USA TODAY Sports | Reuters, Medina Spirit tests positive for more than double allowed limit of drug. Medina Spirit has passed three rounds of prerace drug testing and been cleared to run in the Preakness on Saturday. Medina Spirit won that race May 1 as a 12-1 long shot. Preakness officials said Tuesday that they are allowing Kentucky Derby winner Medina Spirit to enter Saturday's race subject to additional testing and monitoring. This Preakness is even more of one than usual. Medina Spirit, who went off at 12-to-1 odds, won the Derby on May 1, giving Baffert his seventh victory in America’s greatest race, a record. "While we do not know definitively that this was the source of the alleged 21 picograms found in Medina Spirit's post-race blood sample, and our investigation is continuing, I have been told by equine pharmacology experts that this could explain the test results. As such, I wanted to be forthright about this fact as soon as I learned of this information," the statement adds. Medina Spirit's Kentucky Derby win has been put in question by a drug test. For now, Preakness possible Concert Tour (also trained by Baffert) is listed at 5-1 by BUSR, with Essential Quality (fourth as the favorite in the Derby) at 6-1, although a decision is pending on his Preakness status. 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Medina Spirit is cleared to race in Saturday's Preakness: Kentucky Derby winner passes his pre-race drug test after testing positive for steroids earlier this month On Tuesday, hours before the Preakness Stakes agreed to allow his horses to run. Medina Spirit Getty Images BALTIMORE — Kentucky Derby winner Medina Spirit drew the No. Sign up for free newsletters and get more CNBC delivered to your inbox. Medina Spirit and two other horses trained by Bob Baffert have been cleared to race at Pimlico, including the Preakness Stakes, after undergoing three rounds of testing. Kentucky Derby winner Medina Spirit can race in Saturday's Preakness Stakes after the final two rounds of blood samples from the horse were deemed clear, officials said Friday. Medina Spirit. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. Trainer: Bob Baffert; Jockey: John Velazquez. Baffert plans on running Medina Spirit in the Preakness and says the the horse is prepared to run. 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