The 1958 Preakness Stakes was the 83rd running of the $150,000 Preakness Stakes thoroughbred horse race. The race took place on May 17, 1958, and was televised in the United States on the CBStelevision network. Tim Tam, who was jockeyed by Ismael Valenzuela, won the race by one and one half lengths over runner-up Lincoln Road. Approximate post time was 5:50 p.m. Eastern Time. The race was run on a fast track in a final time of 1:571/5[1] The Maryland Jockey Club reported total attendance of 36,912, this is recorded as second highest on the list of American thoroughbred racing top attended events for North America in 1958.[2]