Zito and his owners, William J. Condren and Georgia E. Hofmann, believed there was a legitimate reason for Louis Quatorze's loss in the Derby, so they entered him in the
Preakness Stakes on the third Saturday in May 1996 at
Pimlico Race Course in
Baltimore, Maryland. In the race, Zito and jockey
Pat Day had a specific plan to take Louis Quatorze to the lead and see if he could settle or slow the pace. At post time, Louis Quatorze went off as the fifth choice at 9–1 in the field of twelve stakes winners. He broke from gate six and shot straight to the lead and angled to the middle of the track away from the rail to avoid traffic. Day thought the pace was moderate, setting fractions of :23 flat and :46-1/5 for the first quarter and half. Near the end of the back stretch, he led
Skip Away, Victory Speech and the rest of the field in a record 1:09-4/5 for three quarters of a mile. At the top of the stretch, second favorite Skip Away made a run at Louis Quatorze, closing to within a length. Louis Quatorze pulled away to win in the time of 1:53-2/5, which was thought to equal the stakes record at the time until Secretariat was belatedly recognized with the record of 1:53. The track record of 1:52-2/5 belongs to
Farma Way. Skip Away finished 3 1/4 lengths back in second, three lengths in front of Belmont winner
Editor's Note and Derby runner-up Cavonnier. == Later racing career ==