Kentucky Derby winner Rich Strike to skip Preakness Stakes
Kentucky Derby winner Rich Strike will not be competing in the Preakness Stakes race, its owner Rick Dawson announced Thursday.
Why it matters: The withdrawal means there will not be a winner of the Triple Crown this year.
Background: The Triple Crown refers to the three major horse races, the Kentucky Derby, the Preakness Stakes and the Belmont Stakes.
Details: Rich Strike will be withdrawn in order to get ready for the Belmont Stakes in June.
What they're saying: "We thank the wonderful Preakness & Pimlico folks that have reached out to us and very much appreciate the invite," Dawson said in the statement.
Go Deeper: Long shot Rich Strike wins Kentucky Derby