1986 Preakness Stakes
The 1986 Preakness Stakes was the 111th running of the Preakness Stakes thoroughbred horse race. The race took place on May 17, 1986, and was televised in the United States on the ABC television network. Snow Chief, who was jockeyed by Alex Solis, won the race by four lengths over runner-up Ferdinand. Approximate post time was 5:41 p.m. Eastern Time. The race was run over a fast track in a final time of 1:54-4/5. The Maryland Jockey Club reported total attendance of 87,652, this is recorded as second highest on the list of American thoroughbred racing top attended events for North America in 1986.
Payout
The 111th Preakness Stakes Payout Schedule| Program Number | Horse Name | Win | Place | Show |
| 3 | Snow Chief | $7.20 | $4.80 | $3.60 |
| 5 | Ferdinand | - | $4.80 | $3.20 |
| 6 | Broad Brush | - | - | $3.00 |
$2 Exacta: paid $33.80
The full chart
| Finish Position | Margin | Post Position | Horse name | Jockey | Trainer | Owner | Post Time Odds | Purse Earnings |
| 1st | 0 | 3 | Snow Chief | Alex Solis | Melvin F. Stute | Carl Grinstead | 2.60-1 | $411,900 |
| 2nd | 4 | 5 | Ferdinand | Bill Shoemaker | Charles Whittingham | Elizabeth Keck | 3.10-1 | $70,000 |
| 3rd | 101/2 | 6 | Broad Brush | Chris McCarron | Richard Small | Robert E. Meyerhoff | 3.70-1 | $35,000 |
| 4th | 103/4 | 7 | Badger Land | Jorge Velásquez | D. Wayne Lukas | Jeff Lukas & Mel Hatley | 1.80-1 favorite | $17,500 |
| 5th | 121/4 | 1 | Miracle Wood | Donnie A. Miller, Jr. | Allen A. Ferris, III | Albert F. Allen, Jr. | 20.70-1 | |
| 6th | 14 | 4 | Groovy | Craig Perret | Howard Crowell | John A. Ballis & Theodore V. Kruckel | 11.10-1 | |
| 7th | 22 | 3 | Clear Choice | Jacinto Vasquez | D. Wayne Lukas | Eugene V. Klein | 1.80-1 |
- Winning Breeder: Blue Diamond Ranch;
- Winning Time: 1:54 4/5
- Track Condition: Fast
- Total Attendance: 87,652