The Fantasy Stakes is an American Thoroughbred horse race run annually in April at Oaklawn Park in Hot Springs, Arkansas. The Fantasy is open to three-year-old fillies competing at a distance of one and one-sixteenth miles on the dirt. The race is a Grade II event with a current purse of $400,000 and has been a prep race to the Triple Tiara of Thoroughbred Racing, including the Kentucky Oaks, Black-Eyed Susan Stakes and Mother Goose Stakes.