Exercise rider George Alvarez takes Bodemeister over the track in preparation for the 137th Preakness Stakes.
- NEW: Kentucky Derby winner I'll Have Another bests Bodemeister late in the race
- NEW: The horse is just one win away from the prestigious Triple Crown
- No horse has won the Triple Crown in 34 years
(CNN) -- Kentucky Derby winner I'll Have Another won the 137th running of the Preakness Stakes on Saturday.
The dramatic win puts the horse just one win away from the prestigious Triple Crown.
I'll Have Another bested Bodemeister, who led for most of the race, in the home stretch.
The Preakness, the second of three races that make up the storied U.S. Triple Crown, is run at the Pimlico Race Course in Baltimore.
No horse has swept the Triple Crown -- the Kentucky Derby, the Preakness Stakes and the Belmont Stakes -- in 34 years.
The Belmont Stakes is scheduled to be run on June 9.
CNN's Lateef Mungin contributed to this report.
