Medina Spirit’s purse money for winning the Derby — about $1.86 million — must also be forfeited, the Kentucky Horse Racing Commission said in a ruling.
What happens to payouts if Medina Spirit is disqualified?
So what happens to the bets cashed in on the victory? In a word, nothing. The stewards’ decision disqualifying Medina Spirit specifically says: “Pari-mutuel wagering is not affected by this ruling.” In other words, the payouts are done and over.
How much did Medina Spirit win at the Kentucky Derby?
$1.86 million
$1.86 million. That’s how much in prize money Medina Spirit’s team collected from the Derby win.
What was payout for rich strike?
Rich Strike received $1,860,000 of the Kentucky Derby’s $3 million purse as the race winner. Before his victory in the first leg of the Triple Crown, Rich Strike’s career earnings totaled only $111,289.
What were the Derby payouts?
Top 5 Kentucky Derby winners payouts
- Winner: $1,860,000.
- 2nd: $600,000.
- 3rd: $300,000.
- 4th: $150,000.
- 5th: $90,000.
Will Medina Spirit be stripped of Kentucky Derby?
The horse’s trainer, Bob Baffert, was suspended and fined after his horse failed a post-race drug test last year.
Will Medina Spirit be disqualified from Kentucky Derby?
Medina Spirit will forever rest among legends. The ashes of the disqualified 2021 Kentucky Derby winner will be interred alongside fellow Kentucky Derby winners Charismatic and War Emblem at Old Friends, a retirement home for thoroughbred horses in Kentucky. The Bob Baffert-trained colt died on Dec.
How much did Medina Spirit cost as a colt?
$35,000
Zedan Racing Stables purchased the colt for $35,000. From there, Medina Spirit would go on to win on debut at Los Alamitos before a win in the Robert B.
How did Bob Baffert make his money?
Bob Baffert Net Worth: Bob Baffert is an American horse owner and horse trainer who has a net worth of $30 million. Over the course of his career, Baffert has won many awards and accolades, including seven Kentucky Derbies, seven Preakness Stakes, three Belmont Stakes, and three Kentucky Oaks.
How much does a professional jockey make?
| Thoroughbred top jockeys by earnings worldwide | ||
|---|---|---|
| Name | Starts | Career earnings |
| Javier Castellano | $29,855 | $364,082,460 |
| Mike E. Smith | $33,945 | $337,917,625 |
| Pat Day | $40,300 | $297,914,840 |
How much did $100 pay on Rich Strike?
Conversation. Biggest Rich Strike bet in the sportsbook was $226 to win $22,600 Plus 10 $100 bets to profit $10,000.
How much is Rich Strike worth after the Kentucky Derby?
$1.86 million. That’s how much prize money Rich Strike won at the Derby.
How much did the owner of Rich Strike pay for the horse?
In September 2021, horse trainer Eric Reed, on behalf of Richard Dawson’s RED-TR Racing, bought Rich Strike for $30,000 at a claiming race at Churchill Downs. Jockey Sonny Leon rode Rich Strike to his victory in the 148th Kentucky Derby at Churchill Downs on May 7, 2022.
How much does jockey get paid for winning Derby?
2022 Kentucky Derby Prize Money
Here’s what you need to know about the @KentuckyDerby post positions. Meanwhile, the winning jockey who successfully crosses the finish line first will receive 10% of the winner’s purse — which equates to a $186,000 payday before taxes and other payments.
What was the biggest payout for Kentucky Derby 2022?
But in a cruel twist of fate for bettors, not much money was placed on the horse that won. Of the whopping $179 million, only $501,135 was wagered on Rich Strike, who won the opening leg of the Triple Crown as a very unlikely 80-1 underdog.
How much does a jockey make for winning the Derby?
Payout to the winning Kentucky Derby jockey
The jockey that successfully crosses the finish line first in the Run for the Roses will obtain 10% of the winner’s purse. Thus, a $1.86 million payout to the winning horse equates to a $186,000 share for the rider.
What caused Medina spirits death?
A Heart Attack, Not Drugs, Killed Medina Spirit, a Necropsy Finds – The New York Times.
Why did they punch Rich Strike?
A man rode a horse next to Rich Strike and jockey Sonny Leon—as like most races of this nature. Rich Strike began trying to gnaw the horse next to him. This led the handler to throwing a constant right elbow to the head of Rich Strike.
How much is Medina Spirit horse worth?
Even crazier, just two years after being acquired at auction for $1,000, Medina Spirit is most likely now worth more than $50 million. With less than 5% of all racehorses earning more than $100,000 annually, the sport of horse racing has long been considered a fun but money-burning experience reserved for elites.
Why did rich strike bite the pony?
Reed said Rich Strike bit Blasi and the pony because he was still in “race-mode.” “When he saw that pony coming his way, he thought he had another horse to beat,” Reed explained. “And he was trying to run by it.”
How long is Bob Baffert suspended in Kentucky?
for 90 days
KHRC stewards last week suspended the Hall of Fame trainer for 90 days with a $7,500 fine and disqualified the now-deceased colt for having the corticosteroid betamethasone in his system last May. Betamethasone is allowed in Kentucky but prohibited on race day.