| Grade III race | |
| Location | Oaklawn Park Race Track Hot Springs, Arkansas |
|---|---|
| Inaugurated | 1968 (as Southwest Handicap) |
| Race type | Thoroughbred - Flat racing |
| Website | Oaklawn Jockey Club |
| Race information | |
| Distance | 1+1⁄16 mile |
| Surface | Dirt |
| Track | Left-handed |
| Qualification | Three-year-olds |
| Weight | 122 lbs with allowances |
| Purse | $800,000 (since 2024) |
| Bonuses | Qualifications points – Road to the Kentucky Derby |
The Southwest Stakes is a Grade III American Thoroughbred horse race for three-year-old horses at a distance of one and one-sixteenth miles on the dirt run annually in late January at Oaklawn Park Race Track in Hot Springs, Arkansas. The event currently offers a purse of $800,000.