Why The Preakness TV Deal Could Reshape The Triple Crown

The absence of Kentucky Derby winner Golden Tempo from the Preakness Stake may lead to significant changes to the timing of the Triple Crown's second jewel. (Photo by Michael Reaves) Getty Images When Golden Tempo won the 2026 Kentucky Derby, expectations immediately shifted toward Baltimore and dreams of a 14th Triple Crown champion—the first since 2018. Those dreams ended four days later—and with them, perhaps, the traditional structure of the Triple Crown itself.

The Derby Winner Who Stayed Home Trainer Cherie DeVaux announced May 6 that Golden Tempo would remain in his stall rather than enter the starting gate for the May 16 Preakness Stakes. He follows the same path as 2025 Derby winner Sovereignty, who bypassed the Preakness, won the Belmont Stakes and ultimately captured Horse of the Year honors. Golden Tempo is the third Derby winner in the last five years to skip the Preakness, the latest sign that modern horse racing may have outgrown the Triple Crown’s traditional five-week format.

Trainers increasingly prioritize recovery, breeding value and long-term campaigns over the rapid turnaround that once defined the sport’s greatest achievement. And as television contracts, economics and training philosophies evolve, the industry is confronting an uncomfortable question: Can the Triple Crown survive in its current form if Derby winners no longer feel compelled to chase it? “Horse racing has changed and the way trainers manage horses has changed dramatically,” Yahoo Sports columnist Dan Wolken said.

“You just don’t see two-week turnarounds. ” Why the Preakness TV Deal Matters The Preakness Stake TV deal could be a factor in changing the timing of the Triple Crown. (Photo by Rob Carr) Getty Images The current spotlight on the Preakness is especially significant because the middle jewel’s television rights are up for negotiation after the 2026 edition.