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 will skip the second leg of the Triple Crown. He's the first Kentucky Derby winner to skip the Preakness Stakes since Rich Strike in 2022.

Sovereignty, ridden by Junior Alvarado, left, crosses the finish line to win the 151st running of the Kentucky Derby horse race followed by Journalism, ridden by Umberto Rispoli, at Churchill Downs Saturday, May 3, 2025, in Louisville, Ky. (AP Photo/Abbie Parr) AP