The 2000 Preakness Stakes was the 125th running of the Preakness Stakes thoroughbred horse race.

Red Bullet, who was jockeyed by Jerry Bailey, won the race three and three quarter lengths over runner-up Fusaichi Pegasus.

The race was run over a track listed as good in a final time of 1:56.04.

[1] The Maryland Jockey Club reported total attendance of 111,821, this is recorded as second highest on the list of American thoroughbred racing top attended events for North America in 2000.

[2] The 126th Preakness Stakes Payout Schedule