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What is the fastest time ever at the Preakness Stakes?

In 1973 Secretariat set the record for the fastest time at the Preakness Stakes, finishing the race in 1 minute 53 seconds. However, the original official time was announced as 1:55, which set off an unusual controversy. In the stands, two staffers of the Daily Racing Form timed the race with their own stopwatches and came up with 1:53 2/5, better than the record of 1:54 set by Canonero II in 1971. The embarrassed track officials stood by their guns until two days later, when they changed the time to 1:54 2/5. In 2012 the Maryland Racing Commission voted to change Secretariat’s time to a track record 1:53 after hearing testimony from experts who analyzed video of the race.