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Wagering, TV Ratings Drop Sharply During ‘Pandemic’ Triple Crown

Like the Triple Crown-opening Belmont Stakes in June and the delayed Kentucky Derby in September, Saturday's 145th running of the Preakness Stakes from Pimlico Race Course in Baltimore, Md., saw significant declines both in wagering and television viewership.

Normally run on the third Saturday in May, two weeks after the Kentucky Derby, this year's Preakness – like all three Triple Crown races – was run without spectators on site, meaning on-track wagering was minimal. The Preakness encountered not only increased competition from the sports world – it was up against six televised NCAA football games including Texas A&M at Alabama, Oklahoma State at Kansas and Ole Miss at Kentucky – but both Belmont Park and Keeneland offered a full slate of late afternoon graded stakes races serving as major preps for the Nov. 6-7 Breeders' Cup world championships.

For the day, according to Equibase, wagering on Pimlico's 12-race card was $51,242,631, a decline of 48.7% from the record $99,852,653 bet on the 14-race Preakness Day card in 2019. The Preakness race itself handled $31.7 million, down 49.5% from 2019 when $62.8 million was wagered on the classic race for 3-year-olds.

The wagering declines were similar to those experienced by Churchill Downs on Kentucky Derby day Sept. 5 and on the Derby itself, when handle dropped by 49.8% and 52.0%, respectively. Derby Day wagering fell from a record $250.9 million to $126.0 million and the Derby itself handled $79.4 million compared to $165.5 million in 2019.

The Belmont Stakes, which on June 20 kicked off a Triple Crown reshuffled because of the coronavirus pandemic, saw smaller wagering declines compared to 2019. The $67.8 million bet on this year's Belmont Stakes card was down 33.7% from $102.1 million in 2019 and the Belmont Stakes saw a 35.9% decline from $53.2 million to $34.1 million.

Combined, wagering on the three Triple Crown cards fell by more than $200 million, from $453 million in 2019 to $245 million this year, a decline of 45.9%.

Just as many other major league sports have struggled to maintain television viewership, so too have horse racing's marquee events. The combined viewing audience for the NBC Sports telecasts of the three Triple Crown races fell by 47.3% from 26.6 million in 2019 to 14 million in 2020. The Belmont's 2.0 rating was the lowest in 24 years and the 4.8 rating for the Derby – traditionally the highest-rated racing telecast of the year – sank to a 32-year low. The Preakness rating of 1.4 represented a viewing audience of 2.4 million compared to 5.4 million in 2019.

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Swiss Skydiver Vaults To Third Position In NTRA Top 3-Year-Old Poll

Peter Callahan's Swiss Skydiver made history this past weekend when she became just the sixth filly to capture the Preakness Stakes, a stirring effort that allowed the daughter of Daredevil to move up the ranks in the National Thoroughbred Racing Association (NTRA) Top 3-Year-Old Poll.

Trained by Kenny McPeek, Swiss Skydiver came into the 1 3/16-miles Preakness off a runner-up effort in the September 4 Kentucky Oaks and had won four other graded races this season, including the Grade 1 Alabama Stakes. The chestnut filly outdueled Kentucky Derby winner Authentic by a neck in the Preakness to assert herself as the leader of the sophomore filly ranks, earning 11 first-place votes and 359 points to move up to third overall in the poll.

Authentic, who was 9 ¾ lengths clear of third-place finisher Jesus' Team, lost the final leg of the 2020 Triple Crown but still holds the top spot in the poll with 18 first-place votes and 378 points. Belmont and Travers Stakes winner Tiz the Law is second with 14 first-place votes and 369 points while Grade 2 winner Art Collector (249 points) dropped one spot to fourth, just behind Swiss Skydiver.

Grade 1 winner Honor A. P., who has been retired to stud, remains fifth with 155 points followed by fellow top-level winner Gamine (128 points) and Kentucky Oaks winner Shedaresthedevil (112) in seventh. Max Player (110 points) ranks eighth while Thousand Words (52) and Jesus' Team (45) complete the top 10.

Authentic's older stablemate Improbable remains out front in the NTRA Top Thoroughbred Poll with 34 first-place votes and 401 points. The son of City Zip has won three straight Grade 1 contests with his latest triumph coming in the September 26 Awesome Again Stakes at Santa Anita Park.

Champion Maximum Security, runner-up in the Awesome Again Stakes, remains second with 2 first-place votes and 303 points. Tom's d'Etat (2 first-place votes, 249 points) is third followed by multiple Grade 1 winner Vekoma (2 first-place votes, 245 points) and champion Monomoy Girl (1 first-place vote, 213 points).

Multiple graded stakes winner By My Standards remains sixth with 160 points while Authentic (127 points) moves up to seventh – the highest ranking sophomore on the Top Thoroughbred Poll. Tiz the Law (115 points) is eighth followed by Swiss Skydiver (114) and multiple Grade 1 winner Rushing Fall (75).

The NTRA Top Thoroughbred polls are the sport's most comprehensive surveys of experts. Every week eligible journalists and broadcasters cast votes for their top 10 horses, with points awarded on a 10-9-8-7-6-5-4-3-2-1 basis. All horses that have raced in the U.S., are in training in the U.S., or are known to be pointing to a major event in the U.S. are eligible for the NTRA Top Thoroughbred Poll. Voting in both the Top Three-Year-Old Poll and the Top Thoroughbred Poll is scheduled to be conducted through the conclusion of the Breeders' Cup in November.

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‘She’s A Throwback Horse’: McPeek Reflects On Swiss Skydiver’s Preakness, Horse Of The Year Discussion

After walking Swiss Skydiver a few turns in the Preakness Stakes Barn at Pimlico in Baltimore, Md., on Sunday morning, trainer Ken McPeek was still trying to wrap his mind around the 3-year-old filly's sensational triumph in Saturday's 145th Preakness Stakes (G1) under a heads-up ride from jockey Robby Albarado.

“I should probably retire today,” McPeek said, “because I don't think it can get higher than this. I really don't. She's beat so many odds. I'm beyond proud of her, proud of Robby and everyone who's handled her. It's been a real team effort. I have some unbelievable people who work for me that help handle the details.”

Peter Callahan's Swiss Skydiver not only beat the boys in the Preakness, the daughter of Daredevil registered the second-fastest running time in the storied history of Maryland's signature Triple Crown race. The 1:53.28 clocking for her thrilling 1 3/16-mile tour of the Pimlico oval was second only to 1973 Triple Crown champion Secretariat's 1:53 stakes-record time.

“It was surreal,” McPeek said. “It's still surreal.”

Swiss Skydiver defeated Kentucky Derby (G1) winner Authentic by a resolute neck to become the sixth filly to win the Preakness and first since Rachel Alexandra got the better of Derby winner Mine That Bird in 2009. After saving ground on the first turn and into the backstretch aboard the McPeek trainee, Albarado made a decisive move that propelled the filly into the lead heading into the far turn, easing his mount around tiring pacesetter Thousand Words before darting back to the rail inside Authentic. Swiss Skydiver and Authentic dueled around the turn and through the stretch with the 11-1 filly gamely holding off the 3-2 favorite to the wire.

The Grade 1 victory aboard Swiss Skydiver was Albarado's first since 2017, as well as his first graded-stakes win of 2020. The veteran jockey, who has ridden the winners of more than 5,200 races and $220 million in purses, has experienced slowing business the past few years but showed the racing world that he can still win the big ones.

“The thing about it was that we took a negative and made it into a positive. We didn't have a rider until Saturday night (Sept. 26),” said McPeek, who was left without a rider when Tyler Gaffalione opted out. “I called Robby right away and I said, 'Here's what it is going to take for you to ride her. We're going to offer the mount to Mike Smith and wait for his agent to call me back. If his agent says no then I'm going to present to the owner that you're going to ride her. He said, 'OK, let me know, let me know.'

Trainer Kenny McPeek

“We waited for Mike Smith's agent to return our offer, but once I got confirmation he couldn't ride her, I called Robby and said, 'You're on.' I said, 'But here's what we're going to do. We're flying up together; we're going to get on her all week.' I think it was fortuitous because he got on her every day and got to know her. He spent time with her and, every day, he got more confident in her. You need a rider with confidence because if she takes you there, she'll win. We pulled it off.”

Swiss Skydiver is scheduled to ship to Churchill Downs Monday morning to prepare for a start on the Nov. 7 Breeders' Cup program at Keeneland in either the Distaff (G1) or the Classic (G1).

“I like the mile and a quarter of the Classic, but the Distaff, today, is probably the wiser move. But the farther she goes the better,” McPeek said. “We can sit on it. We won't make a rash decision.”

Swiss Skydiver entered the Preakness with four graded-stakes victories against 3-year-old fillies, including the Alabama (G1) at Saratoga, and second-place finishes in the Blue Grass (G2) at Keeneland against the boys and Kentucky Oaks (G1) at Churchill. Her victory in the final leg of the reshuffled 2020 Triple Crown puts her in the discussion for Horse of the Year, McPeek said.

“I think you have to make a case for her. I mean, she's run every month of the year except April, and she ran at the end of March and early May. You have to make a case for her. She's entertained coast to coast, north, south, east, west,” he said. “She's amazing. She's not even tired today. She's a throwback horse.”

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Baffert On Preakness 145: ‘Robby Albarado Rode Just A Great Race’

Hall of Fame trainer Bob Baffert praised Preakness (G1) 145 winner Swiss Skydiver and her jockey Robby Albarado during a visit to the Preakness Stakes Barn at Pimlico in Baltimore, Md., on Sunday morning and said he was still stunned with the outcome of the race.

While Baffert's Kentucky Derby (G1) winner Authentic finished a neck behind Swiss Skydiver in the second-fastest Preakness in history, he did not get the pace-setting, catch-me-if-you-can trip under John Velazquez that he had at Churchill Downs four weeks earlier. Instead, Authentic stalked Baffert's other starter, Thousand Words, early on. It was the reverse of what Baffert expected.

“I thought he would be on the lead,” Baffert said. “This horse is a free-running horse. He wants to be out there and going. The other horse was there but they weren't really going that fast.”

The first quarter was run in 24.48 seconds, which turned out to be the slowest of the race that was completed in 1:53.28.

Swiss Skydiver made what proved to be the decisive move going into the far turn when Albarado guided her around the tiring Thousand Words and to the inside of Authentic. She won the dynamic battle through the stretch.

“I have to give credit. Robby Albarado rode just a great race. The mare ran a great race,” Baffert said. “They went 1:53. It's not like he didn't show up.”

A month earlier at the top of the stretch in the Derby, heavily favored Tiz the Law looked poised to overtake Authentic, but he could not complete the task. Baffert was on the other end of that scenario in the Preakness.

“After all of that, I'm still surprised he just could not get by her,” Baffert said. “She just was game. It was one of those things where I said, 'All right, come on, get by her.' They were running, they were leaving the field. It was, 'Wow, did that really just happen?' But he showed up and he ran. The other horse (Thousand Words) he was sort of spinning. He just wasn't running at all.”

Baffert said both of his colts came out the race in good shape and will be shipped back to California on Monday. He said Authentic will be prepared for the Breeders' Cup Classic. Baffert has two other likely Classic runners, the 4-year-olds Improbable and Maximum Security.

Baffert was bidding for a record eighth Preakness victory. He had completed the double with his five previous Derby winners, but the 2020 Triple Crown schedule was changed due to the COVID-19 pandemic, putting four weeks, not two, between the races. Still, Baffert said he was very confident.

“It's the kind of race where I ran second but it was like, 'What happened?'” he said. “I felt really good about him coming into this race, the way he had been working, the way he had been acting. He was fresh. I told Johnny, 'He's really sharp.'”

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