The 2014 Preakness Stakes was the 139th running of the Preakness Stakes. The race was scheduled to start at 6:18 pm Eastern Daylight Time (EDT) on May 17, 2014 at Pimlico Race Course and was run as the twelfth race on a racecard with thirteen races. The race was won by California Chrome, giving him a chance to win the Triple Crown at Belmont. It is the thirty-fourth time a horse has won the first two legs of the Triple Crown. The Maryland Jockey Club reported a track record total attendance of 123,469, the second highest attendance for American thoroughbred racing events in North America during 2014.

California Chrome is a US Hall of Fame Thoroughbred racehorse who won the 2014 Kentucky Derby, Preakness Stakes, and 2016 Dubai World Cup. He was the 2014 and 2016 American Horse of the Year. In 2016, he surpassed Curlin as the all-time leading North American horse in earnings won.