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00:00Horse racing, we understand this. Triple crowns are hard to win. That is the Kentucky Derby,
00:04that's the Preakness, followed by the Belmont. The one thing that we usually have the luxury
00:08of Joe Waniere is we all get excited because the bigness of the Kentucky Derby, the fashion,
00:12the horses we hear about for a couple weeks, we watch it play out in front of us. And there is a
00:16champion of the Kentucky Derby, which was Sovereignty. So immediately we go, all right,
00:21Preakness is on in a couple weeks. Can we have a triple crown contender that can at least
00:25make it to the Belmont? And yesterday news came down that Sovereignty will skip the Preakness
00:30and now target the Belmont. So my question to you is this, as we start here,
00:36if Sovereignty's goal is, hey, I want to win the Kentucky Derby, which is great. And for the owners,
00:41the trainers, you get it. And I just want to go off into the sunset and make money with studies.
00:46That's great. You shouldn't be, in my term, you should not be able to skip the Preakness
00:51and then parachute back into the Belmont and say, well, I want two of the legs at that
00:55point and make even more stud fees. If you are in it all the way through, like you can't even,
01:00Joe, for me, and I don't even know if this is a rule or not, can you say, I'm not going to run
01:04in the Kentucky Derby, but I'm going to run in the Preakness? Can you actually do that?
01:09Yeah. And yes, absolutely. You know, you have to qualify for certain rays. And listen,
01:15the problem with Donnie is that, you know, go back a couple of decades with the Alidars and the
01:23Secretariats and the way horse racing used to be is that these horses, when they got to the Kentucky
01:30Derby and already raced six times in that year as a three-year-old, it wasn't their second or third
01:39or just fourth race. These horses these days are not bred and they are not raced to be able to go
01:47through a race every two weeks, which is basically what you have to do. That's not what these horses
01:54have been bred to do anymore. It's basically either one and done or I'll try two of the three legs and
02:02we'll see how that goes. And listen, it could be a million reasons why money, of course, being,
02:08I'm sure, at the top of the reason list, but there could be a million reasons why they don't want to go
02:13to the Preakness. It could be, maybe it's too much on the horse. Again, a horse that's run what,
02:19four times, five times in his life all of a sudden now is going to run three races in five weeks. I
02:25mean, you're asking them, you're asking a horse to do something and it's much more risky these days
02:31to have a horse do that gauntlet there and expect them to be okay on the outside. Plus the money's
02:39turning bank. You won the Kentucky Derby. So if you're a horse that's bred for longer distances,
02:44which they must feel sovereignty is, then hey, two out of three legs, still a pretty good payday
02:50when it's all said and done. But you can't risk a horse if you don't think it's in its best interest
02:56in order to be able to race because the triple crown is alive and well.
02:59Well,
03:06you
03:08know,
03:11you
03:13know,
03:15you
03:17know,
03:18you
03:20know,