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Rachel Alexandra Retired

Oh, hell. Yesterday, she worked a bullet four furlongs in :48.45 in possible preparation for the Beldame Stakes. Today, owner Jess Jackson announced reigning HOTY Rachel Alexandra has been retired. From the press release:

“As you know, despite top training and a patient campaign, Rachel Alexandra did not return to her 2009 form. I believe it’s time to retire our Champion and reward her with a less stressful life. We are delighted that she will retire healthy and happy to our beautiful farm in Kentucky.

“Rachel Alexandra owes us nothing. As a 3-year-old, she set standards and records that no filly before her ever achieved. And I suspect it will be quite a while before a three year old filly ever equals or surpasses her achievements. Although her fans were thrilled by a series of spectacular victories, I believe they, as we, were simply awed time and again by her sheer beauty, courage and athleticism,” said Jess Jackson….

“I have been blessed to have been part of history. We are all very fortunate that Rachel carried the banner following Curlin’s amazing success story. The fans adored her, we all did, “ said Steve Asmussen. “She had the most fluid and beautiful stride of any horse I have every seen. It’s been quite a ride.”

Rachel Alexandra exits with a career record of 19-13-5-0 and earnings of more than $3.5 million. If I were an 8-year-old girl, I’d add, and my heart … but I’m too grown-up for that kind of silliness. (How I’ll always remember her.)

5:00 PM Update: A statement from NTRA president Alex Waldrop:

“Rachel Alexandra waged a three-year-old campaign that was nothing short of historic — both for its flawlessness and its ambition. We commend all those who played such a large part in her greatness, most notably co-owners Jess Jackson and Harold McCormick, trainer Steve Asmussen and jockey Calvin Borel. Rachel Alexandra provided countless thrills to fans all around the world, and all of us now undoubtedly look forward to the racing exploits of her offspring.”

Jackson said that Rachel would be bred to 2007-08 Horse of the Year Curlin.

On Flickr: A gallery of Rachel Alexandra photos.

From Equineline: Lifetime past performances.

6:00 PM Update: The Fair Grounds has renamed a stakes race for Rachel Alexandra. “She is one of the all-time legends not only of Fair Grounds but of our sport,” said Fair Grounds VP Eric Halstrom, explaining the decision to change the name of the Silverbulletday Stakes, a prep for the Fair Grounds Oaks, to the Rachel Alexandra Stakes.

On Youtube: A video playlist including the Personal Ensign, Woodward, Haskell, Preakness, Kentucky Oaks, and her maiden win (or watch below).

From the archives: Rachel Alexandra in Vogue.

An appreciation: Rachel fans, unconditionally (Ernie Munick).

More reactions: ‘R’ is for Rachel, and retirement (That’s Amore) … On the occasion of Rachel Alexandra’s retirement (Superfecta) … What I think about Rachel’s retirement (Jason Shandler).

Managing Expectations

Trainer Linda Rice on defending her 2009 Saratoga title:

“A lot of people are expecting an awful lot, but realistically I just hope we go there and have a good meet, the horses run well and we win our share of races, have good racing luck and try not to embarrass myself.”

Since her history-making win last summer, Rice has picked up a few new clients, but she’s still seeking owners offering the sort of financial backing that would allow up her to acquire and train top-class horses. Somewhat ironically, her current stock, largely comprising turf horses and NY-breds, may actually better position her for a repeat title than would a barn full of champions, as 2009 runner-up trainer Todd Pletcher tacitly acknowledged:

“What we need to be successful at Saratoga is to be able to participate in open allowance races. If the cards are weighed heavily with a lot of New York-bred races and sprint races on the turf, we just don’t have the horses to participate in those categories.”

The trends of the past decade aren’t in Pletcher’s favor.

The headline says it all: “Rachel towers over Lady’s Secret field.” Monmouth anticipates the reigning HOTY will go to post “at the absolute minimum price” of 1-20. “I think we are running for second,” said trainer Patrick Biancone, who will saddle Queen Martha on Saturday. “But second would be good.”

Not So Blind

I knew I was in trouble with It’s Tea Time when her name kept surfacing in blog posts and tweets Saturday morning as a top Oaks pick. It was shades of Sweetnorthernsaint in the 2006 Kentucky Derby, watching the hype build. “It’s official: the first ‘blogger steam’ horse in history is It’s Tea Time,” remarked @HRFattheTrack. At 7-1, well down from her morning line odds of 15-1, the filly went into the gate as the third favorite.

Blind Luck, of course, was the favorite, and there was no doubt she was a deserving 6-5 at post time as she did her thing in the stretch, ranging up on the outside and nailing the win at wire by a nose over 13-1 Evening Jewel:

Final time for the race was 1:50.70 (chart), for which Blind Luck was given a Beyer speed figure of 94. The official teletimer photo:

Official teletimer photo from Churchill Downs of the 2010 Kentucky Oaks finish

It’s Tea Time? She finished ninth.

Earlier on the Churchill card, disappointment for HOTY fans: Rachel Alexandra lost her second start of the year, finishing a head behind 9-1 Unrivaled Belle in the LaTroienne Stakes, prompting Bill Finley — who must have had this piece already written, so quickly did it go up on the ESPN site — to opine,

The prudent course will probably soon become obvious to Asmussen and Jackson, and Rachel Alexandra will be retired. That sure seems like the right thing to do.

But Jess Jackson, in a post-race visit to the press box, said the 4-year-old filly appeared to come out of the race well and would remain in training:

Jess Jackson quotes

(Paulick Report video of the surprise press conference: Part 1, Part 2.)

While Jackson’s statements may seem a little rushed, I can’t fault him for wanting to check any speculation about retirement; Rachel Alexandra deserves another start. To paraphrase Jay Hovdey, she’s not running badly, she’s just not winning, and there are plenty of races remaining in the year.

11:00 AM Addendum: A final time of 1:42.97 for the LaTroienne, a Beyer speed figure of 103 for both Unrivaled Belle and Rachel Alexandra.

Returning Champions

March 30, 2019 Update: Hello, and thanks for visiting. If you’ve landed on this page via Horse Racing Datasets, or after reading “The Skeptical Handicapper,” by Barry Meadow, please note that while the post below was published in 2010, the spreadsheets referred to have been updated through 2017. You can view the current Google Doc or download an Excel file.

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Noting that Kelso went to post as the favorite in four out of five of his returns as reigning Horse of the Year, commenter o_crunk remarked:

It makes me wonder if returning champions who go off favored in their return beat the average win percentage of favorites?

It turns out that, yes, favored returning champions do beat the average.

Champions from 1971-2008 (excluding steeplechase horses) made 210 first starts back the year after being honored, going to post favored in 177 of those races (84%) and winning 105 times (59%), a rate well above the standard 33.3% (or the 2009 average of 36.6%) As usual, the public is astute: All returning champions averaged odds of .97-1, but favored returning champions averaged odds of .68-1. Betting $2 to win on each favored champion would have returned $321.10 $285 to $354 wagered.

(View the spreadsheet/download the spreadsheet.)

A few observations based on quick analysis:

Thirty-nine champions returned in ALW/AOC company, winning 26 (66%) of those races. No champion not favored — with the exception of 2008 juvenile champion Midshipman, returning in a 2009 Belmont AOC — won at this level.

Fifty-two champions returned in ungraded stakes, winning 30 (57%) at average odds of .84-1. Only two, out of five, not favored won, but betting $2 to win on those five would have returned $13.20 to $10 wagered.

Most champions returned in graded stakes, winning 49 (41%) of 119 starts. Of the 98 that were favored, 44 won (45%) at average odds of .80-1.

Including Rachel Alexandra, returning Horses of the Year since 1971 (see chart below) made 20 starts. Favored in 19 races, they won 15 (79%) at average odds of .40-1. Betting only favored HOTYs would have returned $41.40* for $38.

*Only with a little luck would a player be on the plus side. John Henry, the highest-priced favored returning Horse of the Year, finished second in the 1982 Santa Anita Handicap and was bumped to first by the disqualification of Perrault. If the results had stood, favored come-back HOTYs would have won 14 (74%) out of 19 starts and returned $36.80 for $38.

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