  We present optimal preconditioners for a recently introduced hybridized
discontinuous Galerkin finite element discretization of the Stokes equations.
Typical of hybridized discontinuous Galerkin methods, the method has
degrees-of-freedom that can be eliminated locally (cell-wise), thereby
significantly reducing the size of the global problem. Although the linear
system becomes more complex to analyze after static condensation of these
element degrees-of-freedom, the pressure Schur complement of the original and
reduced problem are the same. Using this fact, we prove spectral equivalence of
this Schur complement to two simple matrices, which is then used to formulate
optimal preconditioners for the statically condensed problem. Numerical
simulations in two and three spatial dimensions demonstrate the good
performance of the proposed preconditioners.
