Mike Smith looking to topple California Chrome – again

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HALLANDALE BEACH, Fla. — Mike Smith has won just about everything racing can offer.

The richest race ever is the next challenge.

Smith has nearly $300 million in purses so far in his legendary career – and the Hall of Famer could add quite a bit to that on Saturday when he rides Arrogate in the inaugural $12 million Pegasus World Cup at Gulfstream Park. It’s a rematch with soon-to-be-retired Horse of the Year California Chrome, who Smith and Arrogate toppled at the Breeders’ Cup Classic in their first and only meeting last fall.

“To get the opportunity to ride a horse of this magnitude in this stage in my career, and then to get to ride one in the richest race in the world, it’s incredible,” Smith said. “I’m just so blessed and so looking forward to it.”

If not for this most unusual and first-of-its-kind race, one where 12 stakeholders put up $1 million apiece for a spot in the starting gate, there would be no rematch. But in a sport that still sees most of its attention come around the Triple Crown races that start in May and then the Breeders’ Cup near the end of the year, something like the Pegasus can generate some serious and helpful buzz.

California Chrome was installed as the 6-5 morning-line favorite, just ahead of Arrogate. If those two horses are right, then none of the other 10 starters would figure to come close to either on Saturday.

“To race for this amount of money, it’s crazy,” Smith said. “I never, in my wildest dreams, imagined we would be racing for that. You know, I remember when $500,000 was incredible. This is $12 million. I mean, if you really stop and think about it, it’s an unbelievable opportunity for racing. I hope we make the most of it. I hope we all put on a great show.”

The financial stakes couldn’t be bigger.

That’s usually a good sign when Smith is riding.

At 51, he picks his spots now on when and whom to ride. Nearly half of his mounts last year came in races with purses of $100,000 or more. He was eighth among North American jockeys in earnings last season – the other seven who won more money needed an average of 1,214 starts in 2016, while Smith rode in only 335 races.

His average earnings per start: A staggering $39,857.

For comparison, Eclipse Award winner Javier Castellano’s average earnings per start: $18,918, which is superb – yet less than half of Smith’s figure.

“Mike Smith, he knows what he has to do,” Arrogate trainer Bob Baffert said. “There’s nothing I have to tell him. I don’t give him any instructions.”

Smith has earned the right to be choosy. The best owners and the best trainers want to bring the best horses his way, in large part because he’s shown no signs of slowing down.

He has two personal trainers in his employ, depending on where he is at a given time. He’s usually working out six days a week, still watches everything he eats, and prides himself on how well he’s taken care of his body. He remembers thinking 50 was old. Not anymore, and he’s thinking he can still ride at the top level for at least a few more years.

“I think I’m even in better shape now than I was,” Smith said. “Definitely wiser. I remember when I first started there wasn’t hardly anybody in the jockey’s room that didn’t smoke. Everyone would sit around, cup of coffee and a cigarette, then go out and ride the next race. And training’s hard, but I’ve made it a way of life. If you do that, it’s amazing what you’re capable of.”

He beat California Chrome in the Classic last year, and also found a way to beat him in the San Antonio Invitational in 2015.

Now he’s tasked with doing it again, on another enormous stage.

“I live for this day,” Smith said. “This is what it’s all about for me right now.”

Pegasus races planned for Gulfstream and Santa Anita in 2024

Horse racing on Opening day of the winter-spring meet at Santa Anita Park.
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HALLANDALE BEACH, Fla. – After seven Pegasus World Cup events, it’s evidently time for change.

1/ST Racing, which has hosted the entirety of the Pegasus series to this point at Gulfstream Park, is planning for two Pegasus days in 2024 – one at Gulfstream and the other at Santa Anita. Details aren’t finalized and it’s unclear how it would fit in the racing calendar, but 1/ST is planning for both dirt and turf Pegasus races as part of the Santa Anita program.

Gulfstream played host to the $3 million Pegasus World Cup Invitational on the dirt Saturday, along with the $1 million Pegasus Turf and the $500,000 Pegasus Filly and Mare Turf.

“I’d really love to see that we bring it to the West Coast,” 1/ST President and CEO Belinda Stronach said. “That will probably happen in 2024. What we did this year for 2023 was said, `OK, we have a number of great race days, let’s coordinate those better and call it the 1/ST Racing Tour and recognize great achievements within our own footprint.”

Saturday marked the first stop on that new 1/ST Racing Tour. Along with some of the biggest race days at 1/ST tracks – like Florida Derby day at Gulfstream on April 1, Santa Anita Derby day on April 8 and the Preakness Stakes at Pimlico on May 20 – there are a pair of days where the tour will be running simultaneously.

This coming Saturday, Gulfstream will play host to the Holy Bull while Santa Anita has the Robert B. Lewis – both of them Kentucky Derby prep races.

And on March 4, Gulfstream has the Fountain of Youth, another major Derby prep, while San Anita has the Big Cap. Plans call for coordinated post times at those two tracks on those days to provide the best racing action every 20 minutes, as well as some unique betting options.

“We can never rest on our laurels,” Stronach said. “We have to keep moving forward. We have a great team that’s really committed.”

The main Pegasus race is one of the biggest-paying races in North America. Art Collector claimed about $1.8 million from a $3 million purse with his win on Saturday. In 2022, only the $6 million Breeders’ Cup Classic and $4 million Breeders’ Cup Turf featured bigger prizes among U.S. races, and the $3 million Pegasus purse is equal to the one offered last year at the Kentucky Derby.

Regardless of what happens with the Santa Anita plan for future Pegasus events, Stronach insisted Gulfstream will continue having Pegasus days. There has even been talk about Gulfstream playing host to Breeders’ Cup races again, something that hasn’t happened since 1999.

“This is staying here in Miami,” Stronach said. “Pegasus has a home here in Miami. We can’t move Pegasus from Miami. We have great partners here and it’s more than just a day now. We have deep roots here in Miami.”

Arabian Knight earns Baffert record 6th win in Southwest

Betway Challow Hurdle Day - Newbury Racecourse
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HOT SPRINGS, Ark. – Arabian Knight won the $750,000 Southwest Stakes by 5 1/2 lengths at Oaklawn, giving Hall of Fame trainer Bob Baffert his record sixth victory in the race.

The colt came into the Kentucky Derby prep as one of the most highly touted 3-year-olds in the country. Arabian Knight, who was purchased for $2.3 million as a 2-year-old, was making his second career start and first on a sloppy track in front of 27,000 fans in Arkansas.

“These good horses are hard to come by,” said Baffert, who was on hand in Hot Springs. “We’ve had a lot of luck here at Oaklawn, so it was nice to have a horse like this.”

However, Arabian Knight was ineligible to earn the Kentucky Derby qualifying points awarded to the winner because Baffert has been suspended for two years by Churchill Downs Inc. The penalty, which ends shortly after this year’s Derby on May 6, stems from Medina Spirit’s medication violation after the colt won the 2021 Derby and was later disqualified. Baffert is challenging the ban in court.

Ridden by John Velazquez, Arabian Knight ran 1 1/8 miles in 1:43.50 and paid $2.80 to win. He is 2-0 and has career earnings of $544,275.

“He ran 1:43 and change, that’s racehorse time and he did it without taking a deep breath,” Baffert said. “This was a big effort.”

Red Route One closed from last to finish second, and Frosted Departure was third. Sun Thunder was fourth, followed by Jace’s Road, Corona Bolt, El Tomate and Western Ghent.

At Gulfstream in Florida, Baffert’s entry Defunded finished second in the $3 million Pegasus World Cup, beaten by 4 1/2 lengths by Art Collector on Saturday.