The $10.5 million horse: Why owners are willing to drop big money in search of a Kentucky Derby win

The back wall of Bob Baffert’s office at Churchill Downs is entirely covered by a custom-made print, created by his wife Jill as she remodels his on-track digs. In it, American Pharoah and Justify are neck-and-neck, as if crossing a finish line in a match race for the ages. It never happened, of co...

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