How Much Money Will ‘Seize the Grey’ and D. Wayne Lukas Take Home? Breaking Down $2 Million Preakness Stakes Prize Money

The 149th Preakness Stakes at a muddy Pimlico Race Course in Baltimore ended without a Triple Crown victory in 2024 as Seize the Grey clinched the title. He surpasses Kentucky Derby winner Mystik Dan and six other competitors. Running a swift 1:56.82, Seize the Grey maintained a commanding lead from start to finish, with Mystik Dan closely trailing as the runner-up. Catching Freedom secured the third position in this race.

Guided by jockey Jaime A. Torres and under the expert tutelage of D. Wayne Lukar, Seize the Grey surged to victory, claiming not only the top spot but also a handsome $1.2 million prize. This win marks a historic moment as 88-year-old Hall of Famer D. Wayne Lukas becomes the oldest trainer to secure a Triple Crown race victory. With his seventh Preakness victory, he now shares the second-highest number of wins in history, just one behind Bob Baffert.

This year’s Preakness had a prize pool of $2 million, which is 33% more than last year’s $1.5 million. The winner, likely getting $1.2 million, follows the tradition of receiving 60% of the total prize money. Also, Seize the Grey earned $21.60 for every $2 bet, $8.40 for coming in second or first, and $4.40 for finishing in the top three. This shows how much money can be won in horse racing competitions.

• 1st Place: $1.2 million
• 2nd Place: $400,000
• 3rd Place: $220,000
• 4th Place: $120,000
• 5th Place: $60,000

Seize the Grey’s triumph in the Preakness came as a surprise, especially considering the stiffer competition compared to the Pat Day Mile on May 4. However, with the Lukas connection, it’s hardly unexpected to see one of his horses draped in a blanket of black-eyed Susan flowers. Yet, beyond the victory, Seize the Grey’s impressive earnings speak volumes.

The underdog Colt, shattering records and dominating the race track!

Seize the Grey, a 3-year-old colt, has shown his racing prowess from 2023 to 2024, boasting an impressive lineage sired by Arrogate and out of the Smart Strike mare Smart Shopping. Throughout his career, he has graced tracks at Churchill Downs, Ellis Park, Keeneland, Oaklawn Park, Pimlico Race Course, Saratoga, and Turfway Park, clinching victories at Churchill Downs, Oaklawn Park, Pimlico Race Course, and Saratoga. Notable among his accomplishments are his stakes wins in the 2024 Preakness Stakes (G1) and the 2024 Pat Day Mile (G2).

In 2023 Seize the Grey participated in 5 races winning thrice and finishing third once resulting in earnings of $1,718,800. This year in 2024 he competed in 10 races, with 4 first place finishes and 3 third place finishes accumulating earnings of $1,819,938 (excluding today’s winnings). Looking ahead to his challenge he might take on the 156th Belmont Stakes on June 8 at the Saratoga Race Course, in Saratoga Springs, New York.