Spectacular Bid was the leading American two-year-old of 1978, winning the Champagne Stakes and the Laurel Futurity. As a three-year-old, he won the Kentucky Derby and the Preakness Stakes, giving him twelve consecutive victories. Spectacular Bid then tried to become the third consecutive Triple Crown winner, but he only came third in the Belmont Stakes after hurting his foot before the race. He recovered from the injury to win the Marlboro Cup and confirm his status as the best American colt of his generation. In 1980 as a four-year-old, Spectacular Bid was undefeated in nine races, and was named American Horse of the Year. During his career, he broke several track records as well as the world record for 1 1/4 miles on the dirt.