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Preakness Stakes Betting News Sovereignty Out of Preakness, Belmont Stakes Up Next Sovereignty, fresh off his win in the 151st Kentucky Derby, will not participate in the Preakness Stakes on May 17. Rather than heading to the Preakness, trainer Bill Mott and the Godolphin team have chosen to direct the promising colt toward the Belmont Stakes, scheduled for June 7 at Saratoga Racecourse.
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