Bloomberg's Papadopolous on Derby Winning Horse Nyquist (Audio)

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on Bloomberg Radio. Wagering from all of the sources. On Saturday's Kentucky, a Derby Day program the second highest in history to totaling one hundred and ninety two million dollars to help us understand what what what went on on Saturday and also can look ahead to the twenty one of the month. The running of the Preakness is David Papadopoulos. He is a managing editor here at Bloomberg News and David tell us all about the Kentucky Derby. How do you sum it up and tell us what you came

away with? Well, for starters, some of that money that record handled, there was unfortunately my money that was burnt at the window. But um, you know, the winner, I would say Nyquist was extremely impressive. I mean he is now perfect eight for eight um, and he looked honestly like a winner every step or every step around the race track. And what what makes his victory even more impressive than the one length victory it was in the end, was that he was on top of a very very

fast early pace. They were flying up front. He was right on top of that pace, and while most of the horses around him collapse in exhaustion, cleaning the horses, I bet on he kept going on and and he won with something left in the tank. I mean, if you look, most and most of the horses that surrounded him at the end near the finish line early on in the race, they were in fifteen thirteen, nineteen, twelve, eighteen.

So you know that tells you that you know, he didn't you know, an awful lot of running early and had a lot left like, what what does what does this say about the pedigree the California Uh Quoti. Well, what I would say is this is they're gonna have to Uh I think they're name that people so you get the full flavor. Well, so, um, this is now the fourth time in five years that the winner has not been bred in California but has been based in California.

It's the California Mafia between Doug O'Neal, this trainer here, and Bob Bafford and some others. Um and they've really kind of taken this race over. I call it the California Derby. Now, last year the California horses ran one two three in this race. This year they ran first second, um And the and the story itself is trying to figure out what exactly why this trend has suddenly popped up. It could just be tyranny of small data, could just

be some random event. Uh. The only thing that people can come up with is, you know, the weather is perfect year round in cow in California where they train, and maybe that helps these horses stay in a regular training regimen. But it's uh, it's become a something of a phenomenon all of a sudden. Any other horses come away from Derby Day with their reputations in half well

the second listen, they're only uh. In addition to nike Quist going onto the Preakness in two weeks only a couple other horses, apparently from the Derby are going to go onto the Preakness. Exaggerator the second place finisher, the the other California horse, and then the Japanese Japanese owned horse Lonnie will go on. Exaggerator ran a very good race, uh to come in second. He got a terrific setup. I mean he was coming. He was way way out of it early. And and that's where you want to

be when they're going as fast as they were. And they did the opening quarter mile to give you an idea in about twenty just over twenty two seconds. They did the last as quarter mile in about twenty six seconds, So I'll give you an idea of how much you know they were tiring up front. Uh, And and so Exaggerated was in the place to be. He was way out of it early, and he came he came running late. Um, he but he ran respectably enough. He's gonna try nike

Wist in the Preakness um. But for the most part, most everyone's been scared off by by Nike wist Um. It's a distinct possibility. It took a thirty seven years to get a triple Crown winner last year, it's not impossible we get back to back triple Crown winners. He's a standout horse. It's becoming clear every day and and in a group of three year olds that's just maybe just okay uh, And that's often a formula to get

a triple Crown winner. Um and uh. He's also he's gonna be He's gonna be very, very valuable because he is winning big races and he is the son of a young sire that is suddenly pretty much almost the hottest young sire in all of Kentucky, and so being an offspring of that red hot sire in Kentucky is going to make him a very, very valuable animal in

the breeding shed. Fourteen entrants into the Preakness that they do a maximum fourteen and they may get enough money at Churchill, which to my mind is really too many because he creates a lot of chaos, But fourteen would be the maximum, and they may wind up getting a number close to fourteen. But you tend to get a lot of local horses from the Maryland area that are just kind of okay. But when in terms of when you look at real, real good horses challenging Nike was,

I don't know that it's gonna be a huge field. Listen. He's gonna be an enormous favorite in the Preakness. I mean, if he was two to one on Kentucky Derby Day, he could be one to two or two to five in the Preakness. Meaning if you bet five, you bet five for a chance to win two. And we do have a sing at the race track, which is him. If you already got the five, you don't need the two. So uh, but he'll be a big favorite. And and you know, honestly, I can't tell you right now, I

see him getting beat. If he runs his race, he wins. I mean there's no doubt about that. And he's got the strength, as you say, to carry that all the way through to the finish. He's been really impressive. I mean, he was really impressive in this race. And then last fall he was in this situation where he was in you know, in an impossible spot and he just kind of kept down running. Thank you very much for spending

time with us. David Papantopholis, Managing editor a Bloomberg News everything about force racing, and of course he'll be joining us as we get closer to the twenty one of May for the freefness at Pimlico in Bollspore. This is Bloomberg Radio. Bloomberg Taking Stock is brought to by New York Presbyterian Lower Manhattan Hospital, located at one seventy Williams Street. It's part of the number one hospital in New York. Learned more at NYP dot org slash Lower Manhattan