Fresh Off Derby/Oaks Double, John Velazquez Joins Writers’ Room

There's been a lot of attention, rightfully so, on Bob Baffert in the wake of his record-breaking seventh GI Kentucky Derby conquest Saturday. But John Velazquez made a little history of his own under the Twin Spires this weekend, becoming just the eighth jockey ever to win both the GI Kentucky Oaks and Derby in the same year. Wednesday, the Hall of Fame rider joined the TDN Writers' Room presented by J.P. Morgan Private Banking and Keeneland to talk Malathaat (Curlin), Medina Spirit (Protonico), his approach to race-riding, potential plans for when he retires and much more.

Calling in via Zoom as the Green Group Guest of the Week, Velazquez spoke about the winning Derby strategy to put Medina Spirit on the lead, saying, “He's pretty quick from the gate, so we had talked about it, but I got a text from Bob like five days before the race. He said, 'Man, the horse is doing well. He worked really good. I think you should come out of there running and go all or nothing.' I said, wait a minute Bob, I haven't studied the race yet. I had it in the back of my head [Rock Your World] would be on the lead. We talked that night and went through every horse and all their races … I'm inside of Rock Your World, he's far out [in the 14-post]. I'm going to come out running and if he wants to go to the lead, he's going to have to run much faster than me and use his horse going into the first turn. Obviously, he didn't break well, we got to the lead and the rest was history.”

As successful as Velazquez's Derby strategy was, he may have had even more to do with Malathaat's Oaks triumph. Not away all that well, he hustled his filly early to get into striking position in anticipation of a slow pace. Then, in a stretch battle with Search Results (Flatter), Velazquez moved his mount in just enough to intimidate her foe without knocking her off stride, locking up a narrow decision in the closing strides.

“Right out of the gate, it was not what I was expecting,” he said. “She didn't really jump out of there and kind of got squeezed from the first jump. I changed my mind right away. The horses that I don't want to be behind are in front of me, so I had to make a decision and try to get a position that I'm going to be comfortable with. My mind works so quickly and you have less than a second to think. I went all the way back to when I rode her mom [Dreaming of Julia, fourth as the favorite in the 2013 Oaks] and I got squeezed out of the gate and never recuperated. But she responded right away and got me to the position I wanted. Then coming down the lane, it was funny, because I thought it was going to be much tougher to get to Irad [Ortiz, on Search Results], but she got to him so quickly that when she put her head in front, she started waiting and wanting to lean on top of them. So now it's my job to control her and keep it as tight as I can, keep it competitive, but without bothering the other horse. She did everything I asked her to do. It's incredible when you ride these kinds of horses and on top of [their talent], they're giving you everything you ask for and being competitive.”

Elsewhere in the show, the writers broke down all the action from a loaded Derby weekend and asked cohost Jon Green about DJ Stable's experience with their first Derby starter. Then, in the West Point Thoroughbreds news segment, they reacted to federal attorneys' response to anti-HISA lawsuits and, in the Minnesota Racehorse Engagement Project Story of the Week, discussed the impact of Mattress Mack's $2.4-million Derby bet. Click here to watch the podcast; click here for the audio-only version.

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Economic Indicators: April Oaks Card Provides Major Wagering Boost

Equibase, LLC released its fourth monthly report of 2021 on Economic Indicators in Thoroughbred Racing on Wednesday, May 5. Due to the COVID-19 pandemic, Equibase has been providing monthly economic indicators advisories. The Advisory is typically disseminated on a quarterly basis to provide key metrics used to measure racing's performance throughout the year.

The April 30 Kentucky Oaks card provided a big boost to total wagering in the month of April, especially when compared to the same period in 2020, when the pandemic first took hold and tracks across the country were shutting down. Compared to 2019, however, when the Oaks was held in May, total wagering showed an increase of over 30 percent, while average daily wagering was up over 45 percent.

The more representative year-to-date numbers, from the first four months of 2019 to the first four months of 2021, still show total wagering up 14.44 percent while average daily wagering is up over 25 percent. With the return of the Kentucky Derby to the first Saturday in May, rather than Sept. 5, next month's wagering numbers should also show significant increases over the same dates in 2020.

April 2021 vs. April 2020
Indicator April 2021 April 2020 % Change
Wagering on U.S. Races* $1,103,109,455 $639,331,643 +72.54%
U.S. Purses $89,560,290 $17,500,400 +411.76%
U.S. Race Days 279 85 +228.24%
U.S. Races 2,425 746 +225.07%
U.S. Starts 18,039 6,810 +164.89%
Average Field Size 7.44 9.13 -18.51%
Average Wagering Per Race Day $3,953,797 $7,521,549 -47.43%
Average Purses Per Race Day $321,005 $205,887 +55.91%

YTD 2021 vs. YTD 2020
Indicator YTD 2021 YTD 2020 % Change
Wagering on U.S. Races* $3,869,205,732 $3,147,861,049 +22.92%
U.S. Purses $304,560,597 $222,728,051 +36.74%
U.S. Race Days 1,045 878 +19.02%
U.S. Races 9,127 7,362 +23.97%
U.S. Starts 70,250 58,783 +19.51%
Average Field Size 7.70 7.98 -3.60%
Average Wagering Per Race Day $3,702,589 $3,585,263 +3.27%
Average Purses Per Race Day $291,446 $253,677 +14.89%

2019 Comparisons:

April 2021 vs. April 2019
Indicator April 2021 April 2019 % Change
Wagering on U.S. Races $1,103,109,455 $845,958,246 +30.40%
U.S. Purses $89,560,290 $85,910,830 +4.25%
U.S. Race Days 279 311 -10.29%
U.S. Races 2,425 2,612 -7.16%
U.S. Starts 18,039 19,728 -8.56%
Average Field Size 7.44 7.55 -1.51%
Average Wagering Per Race Day $3,953,797 $2,720,123 +45.35%
Average Purses Per Race Day $321,005 $276,241 +16.20%

YTD 2021 vs. YTD 2019
Indicator YTD 2021 YTD 2019 % Change
Wagering on U.S. Races* $3,869,205,732 $3,380,927,018 +14.44%
U.S. Purses $304,560,597 $313,030,470 -2.71%
U.S. Race Days 1,045 1,155 -9.52%
U.S. Races 9,127 9,902 -7.83%
U.S. Starts 70,250 76,558 -8.24%
Average Field Size 7.70 7.73 -0.45%
Average Wagering Per Race Day $3,702,589 $2,927,210 +26.49%
Average Purses Per Race Day $291,446 $271,022 +7.54%

* Includes worldwide commingled wagering on U.S. races.

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Oaks-Derby Double Nets John Velazquez Jockey Of The Week Title

Winning three Grade 1s, including the world's most recognized race, lead to Hall of Fame jockey John Velazquez unanimously being named Jockey of the Week for April 26 through May 2. The award, which is voted on by a panel of racing experts, is for jockeys who are members of the Jockeys' Guild, the organization which represents more than 950 active riders in the United States as well as retired and permanently disabled jockeys.

On a spectacular weekend of racing, Hall of Fame jockey John Velazquez became just the eighth jockey in history to win both the Kentucky Oaks and the Kentucky Derby in the same year. But the Grade 1 wins didn't stop there as he also won the G1 Derby City Distaff.

Velazquez's Grade 1 haul started Friday when trainer Todd Pletcher reunited Velazquez with Malathaat in the Kentucky Oaks. Off as the favorite in the field of 13, Malathaat settled in fifth position. In upper stretch, Malathaat and Search Results drew clear of their rivals and battled to the wire, with Malathaat prevailing by a neck.

“She got away from there just a bit slow, said Pletcher, “but Johnny (Velazquez) moved her up and got her in a much better position. He had to lose some ground and go wide to do it, but it was the right thing to do.”

Final time for the 1 1/8 miles was 1:48.99.

Under picture perfect skies on Saturday, trainer Bob Baffert gave Velazquez a leg up on Champion Female Sprinter, Gamine in the G1 Derby City Distaff. Velazquez took Gamine to the front and held off a late bid from Sconsin to win by 1-1/2 lengths.

“She didn't get to the break I hoped for but she bounced back really quickly and ran really easy in the early going. She showed what a champion she was and I am really proud of my filly,” said Velazquez.

Final time for the seven furlongs on a fast track was 1:21.50.

For the second year in a row, Hall of Famers Bob Baffert and John Velazquez teamed up in the Grade 1 Kentucky Derby with the same result: a win in the Run for the Roses. This year, Velazquez rode the unheralded Medina Spirit, Baffert's only entry in the race. Velazquez took Medina Spirit to the lead at the start, set all the fractions and dug deep to fend off challengers, Mandaloun, Hot Rod Charlie and Essential Quality to win by a half-length in 2:01.2.

“You couldn't ask more of a horse. When you ride a horse like this who is competitive you can't ask for anything else,” said Velazquez who won the race for the fourth time.

Weekly stats for Velazquez were 17-4-2-4 for a 23.4 percent win rate and total purse earnings of $3,141,211 to lead all jockeys.

Velazquez out-polled fellow jockeys Manny Franco and Paco Lopez who tied for number of wins, and Florent Geroux and Flavien Prat who each won three stakes races.

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All Good for Oaks Runners Saturday

The runners from Friday's GI Kentucky Oaks appeared to exit the event in good order, with winner Malathaat (Curlin) “Excellent” Saturday morning according to trainer Todd Pletcher. Pletcher later added of Shadwell's five-for-five 'TDN Rising Star': “You'd like to think with a filly like her you can be thinking Breeders' Cup. But we've got a long way to go before we get there.”

Narrow runner-up Search Results (Flater) was also no worse for wear the morning after. “We checked her out this morning and she looks fine,” conditioner Chad Brown said. “She came back good and will ride back to New York on Monday. Right now, we'll look at the [June 5 GI] Acorn and [July 24 GI] Coaching Club American Oaks; those are the two most likely things we'll discuss.”

Trainer Dallas Stewart simply said he was “Proud” of longshot third-place finisher Will's Secret (Will Take Charge), while Stonestreet/Asmussen runners Clairiere (Curlin, fourth) and Pauline's Pearl (Tapit, eighth) will get a brief freshening.

Brad Cox's two runners Travel Column (Frosted) and Coach (Commissioner) were fifth and ninth, respectively. “[Travel Column] relaxed well on the front end but just didn't have that final push to continue on,” said Cox. “I'm still not sure what ended up happening with Coach, but we'll regroup and look for more options down the road.”

GII Gulfstream Park Oaks heroine Crazy Beautiful (Liam's Map) suffered a superficial cut on her left foreleg. “She'll be fine. It won't have any impact on her,” said Greg Geier, assistant to trainer Kenny McPeek.

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