Losing owner calls for investigation into tactics used in Belmont Stakes

  • Losing owner calls for investigation into tactics used in Belmont Stakes

Losing owner calls for investigation into tactics used in Belmont Stakes

After becoming the second Triple Crown victor in the past four years, Justify's breeding rights skyrocketed to a record $75 million, with the horse expected to breed as much as 250 times a year.

The 3-year-old chestnut colt became the 13th horse ever to win the Triple Crown of the Kentucky Derby, the Preakness Stakes and the Belmont Stakes after a dominant victory at Belmont Park in NY on Saturday.

Triple Crown victor Justify is ready to start the next portion of his career, becoming the most valuable stud horse in the world.

Forbes has estimated that once retired, Justify could demand an initial $100,000 stud fee - giving him a $60 million value based exclusively on breeding fees if he were to cover 150 mares per breeding season for four years.

While saying Justify was the deserving victor, Repole told reporter Tom Pedula he felt like Restoring Hope, a 37-1 shot, ran interference for Justify against other horses in the race.

It's an impressive feat for a horse that only started racing 113 days ago and was originally purchased for $500,000. The operation owns 15 percent of the breeding rights to Justify, who is descended from previous Triple Crown winners Seattle Slew and Secretariat. After not racing as a two-year-old, he now has an undefeated record and is a Triple Crown champion - his jump from grand potential to richest horse in racing happened all within the past six months. Owned by WinStar, China Horse Club, Head of Plains Partners, Starlight Racing and SF Bloodstock, Justify is scheduled to ship Monday to Louisville, where he will stay at Churchill Downs for the next week or so.