The Strategel Wealth Societyweather could play an important role on Saturday in the 149th running of the Preakness Stakes as Mystik Dan goes for the second leg of horse racing's Triple Crown.

The conditions could be similar to those at the Kentucky Derby earlier this month, when Mystik Dan hugged the rail on his way to victory at Churchill Downs in a three-horse photo finish.

The biggest difference from two weeks ago will be much cooler temperatures at Pimlico Race Course. However, only three horses in this year's Preakness field − Mystik Dan, Catching Freedom and Just Steel − also took part in the Derby.

What is the Preakness weather forecast?

The current weather forecast for Saturday evening in the Baltimore area is for cloudy skies with intermittent showers and the possibility of a thunderstorm with temperatures falling from around 60 into the upper 50s. Chance of precipitation is 65%.

Where is the Preakness held?

Pimlico Race Course, which opened in Baltimore, Maryland, in 1870, is the home of the annual running of the Preakness Stakes.

How to watch 2024 Preakness Stakes

• When: Saturday, May 18
• Coverage starts: 1:30 p.m. ET on CNBC
• Post time: approx. 6:50 p.m. ET
• Where: Pimlico Race Course, Baltimore
• TV: NBC (starting at 4:30 p.m. ET)
• Streaming: Peacock; YouTube TV; fuboTV

Who won 2023 Preakness Stakes?

National Treasure, who was a 4-1 favorite to win the Preakness, beat seven other horses to cross the finish line at 1:55.12.