Belmont Stakes win the Triple Crown when he struggled across the finish line in 4th place behind Pass Catcher, ridden by Walter Blum. Despite this loss, Cañonero II was named the winner of the first Eclipse Award for Outstanding Three-Year-Old Male Horse. On June 9, 1973, Secretariat won the Belmont Stakes by thirty-one lengths in a record time of 2:24, becoming a Triple Crown champion, ending a 25-year gap between Citation, the Belmont and Triple Crown winner in 1948. Secretariat's record still stands as the fastest running of the Belmont Stakes and an American record for 1½ miles on the dirt. In
Kentucky Derby the track ran into financial difficulties and in 1894 the New Louisville Jockey Club was incorporated with new capitalization and improved facilities. Despite this, the business floundered until 1902 when Col. Matt Winn of Louisville put together a syndicate of businessmen to acquire the facility. Under Winn, Churchill Downs prospered and the Kentucky Derby then became the preeminent stakes race for three-year-old thoroughbred horses in North America. Thoroughbred owners began sending their successful Derby horses to compete later in the Preakness Stakes at the Pimlico Race Course, in Baltimore, Maryland, followed by the Belmont Stakes in Elmont, New York. The