Rachel Alexandra is 8-5 Preakness favorite

Rachel Alexandra was made the early 8-5 favorite Wednesday for the Preakness Stakes, the first filly accorded that status since 1988.

She brings a five-race winning streak into Saturday's 1 3-16-mile race at Pimlico.

Trained by Steve Asmussen and ridden by Calvin Borel, Rachel Alexandra drew the No. 13 post on the far outside.

"It's beautiful. She's going to be able to get position," said Scott Blasi, Asmussen's assistant.

Borel chose to stay on as Rachel Alexandra's regular rider, switching off Kentucky Derby winner Mine That Bird, who gets Hall of Fame jockey Mike Smith.

"Calvin knows this filly so well, I don't …