1973 Kentucky Derby starting gate. This forced Brumfield to dismount and adjust the saddle, delaying the Derby's start. Despite this, Brumfield stated he did not "want to make excuses, everything considered, my horse did fine." Betting on the ten races held that day at Churchill Downs totaled to $7,627,965, breaking the previous single-day record for American horse racing events of $7,164,717. Off-track betting on the Kentucky Derby reached $3,050,194, which was included in the previous record total. Secretariat went on to participate in the Preakness Stakes two weeks later, where he finished in first. Sham was second, again, by a margin of lengths.
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