Horse Racing News on May 11, 2021

With the Preakness Stakes set to take place Saturday, here are the current odds for the 10-horse field. Derby winner Medina Spirit is the favorite, just ahead of Concert Tour.

Medina Spirit will race in Saturday's Preakness Stakes after an agreement was reached after Bob Baffert agreed to prerace blood testing, monitoring and medical review, the trainer's attorney announced Tuesday.

Trainer Bob Baffert said in a statement Tuesday that Medina Spirit was treated with a substance before the Kentucky Derby that he wasn't aware contained the steroid betamethasone that has called into question the horse's victory.