The winner of the 2026 Preakness Stakes will take home far more than a prestigious victory at Laurel Park this weekend. Waiting in the winner’s circle is one of the most historic and valuable trophies in all of sports: the legendary Woodlawn Vase.
Estimated to be worth more than $4 million, the Woodlawn Vase is widely considered the most valuable trophy in North American sports. The sterling silver masterpiece has become synonymous with the Preakness Stakes and the Triple Crown tradition, but its story stretches far beyond horse racing.
Created in 1860 by Tiffany & Co., the trophy survived the Civil War, traveled across multiple states and racetracks, and eventually became one of the sport’s most treasured symbols. Few trophies in sports carry the combination of artistry, history, and mystery that surrounds the Woodlawn Vase more than 160 years after it was first unveiled.
The trophy for the Preakness Stakes, the Woodlawn Vase, is the most valuable trophy in North American Sports.
— KSR (@KSRonX) May 16, 2026
It was buried in Kentucky during the Civil War. https://t.co/CQpK44IHrB pic.twitter.com/Q7bQVIja2L
One of the most fascinating parts of the Woodlawn Vase’s history came during the Civil War. Originally commissioned by the Woodlawn Racing Association in Kentucky, the trophy was buried underground for safekeeping after fears it could be melted down and turned into ammunition during wartime.
That decision ultimately preserved one of the most iconic trophies in American sports history.
According to historical accounts, the vase remained hidden in Kentucky until after the war ended. Racing eventually resumed, and the Woodlawn Vase returned to prominence as one of horse racing’s premier prizes.
The trophy officially became associated with the Preakness Stakes in 1917 and has remained tied to the race ever since.
The Woodlawn Vase is not just historically significant. It is also an extraordinary work of craftsmanship.
Standing 36 inches tall and weighing approximately 30 pounds, the trophy is made of solid sterling silver and features intricate horse racing details throughout the design. The top of the vase includes a silver figure of the famous horse Lexington with a jockey mounted on top.
Its value has skyrocketed over the decades. In 1983, the vase was insured for $1 million. Modern estimates now place its replacement value above $4 million.
That staggering value is one reason winning owners no longer take the original trophy home.
For decades, winning Preakness owners were allowed to keep the Woodlawn Vase for a year before returning it for the next race.
That changed after Native Dancer won the Preakness Stakes in 1953. The wife of owner Alfred Gwynne Vanderbilt Jr. reportedly declined possession because of the responsibility and risk associated with protecting such a valuable artifact.
Since then, the original Woodlawn Vase has remained under permanent protection.
Today, the trophy is housed at the Baltimore Museum of Art and transported under heavy security for the annual Preakness presentation ceremony. Winners instead receive a smaller sterling silver replica that still takes months to create by hand.
Every major sporting event has a championship trophy, but very few can rival the Woodlawn Vase in terms of history, craftsmanship, and cultural significance.
The trophy has survived war, changed racetracks across multiple states, and become a permanent symbol of the Triple Crown’s second jewel. Even today, its arrival at the Preakness Stakes is treated with enormous care and reverence.
More than a century after it became the official Preakness trophy, the Woodlawn Vase remains one of the sport’s greatest treasures and one of the most unique championship prizes in the world.
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