Stepping Stone Purse Hall of Fame inductee Majestic Prince won this race by six lengths while setting a new stakes record and then won the Kentucky Derby and the Preakness Stakes. In 1974, Cannonade too won the Stepping Stone Purse and the Kentucky Derby and 1965 winner Tom Rolfe went on to finish third in the Derby but then won the Preakness Stakes. Stepping Stone Purse The Stepping Stone Purse was an American Thoroughbred horse race held annually in the latter part of April at Churchill Downs in Louisville, Kentucky. Open to three-year-old horses, it was, along with the Derby Trial Stakes, one
American Quarter Horse that typified the breed in the early years of its formation. Some breeders, who argue that the continued infusion of Thoroughbred bloodlines is beginning to compromise the integrity of the breed standard, favor the earlier style of horse and have created several separate organizations to promote and register "Foundation" Quarter Horses. The American Quarter Horse is best known today as a show horse, race horse, reining and cutting horse, rodeo competitor, ranch horse, and all-around family horse. Quarter Horses compete well in rodeo events such as barrel racing, calf roping and team roping; and gymkhana or O-Mok-See. Other stock horse