Oxbow has won the Preakness, ruining Orb's bid to capture the Triple Crown.

Gary Stevens celebrates atop of Oxbow #6 after crossing the finish line to win the 138th running of the Preakness Stakes at Pimlico Race Course
Gary Stevens celebrates atop of Oxbow #6 after crossing the finish line to win the 138th running of the Preakness Stakes at Pimlico Race Course (Patrick Smith/Getty Images)
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Oxbow led from start to finish. It was the sixth Preakness victory for Hall of Fame trainer D. Wayne Lukas and 15th Triple Crown victory, most in horse racing history.

Orb finished fourth. The Kentucky Derby winner was a 3-5 favorite in Saturday's race, but he became another casualty of starting on the rail in the Preakness. Since 1950, only two horses have won the middle jewel of the Triple Crown from the No. 1 post position.

Orb's five-race winning streak ended on an overcast, windy day at Pimlico Race Course. The brown colt had not lost since Nov. 24.

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