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Isaac Murphy, born enslaved in 1861, still reigns as one of the greatest jockeys in American history. Black jockeys like Murphy were at the top of the most popular sport in America at the end of the nineteenth century. They were internationally famous, the first African American superstar athletes—and with wins in three Kentucky Derbies and countless other prestigious races, Murphy was the greatest of them all.

In a mere twelve months, between May 2020 and May 2021, horse racing's most recognizable face—Hall of Fame trainer Bob Baffert—had five horses that failed postrace drug tests. Among those was the 2021 Kentucky Derby winner, Medina Spirit. While the incident was a major scandal in the Thoroughbred racing world, it was only the latest in a series of drug-related infractions among elite athletes. Milton C. Toby addresses the historical and contemporary context of the Thoroughbred industry's most pressing issue.

It was a cold and foggy February night in 1983 when a group of armed thieves crept onto Ballymany Stud, near The Curragh in County Kildare, Ireland, to steal Shergar, one of the thoroughbred industry's most renowned stallions. The thieves demanded a hefty ransom for the safe return of one of the most valuable Thoroughbreds in the world, but the ransom was never paid and Shergar's remains have never been found.

Each year on the first Saturday in May, the world turns its attention to the twin spires of Churchill Downs for the high-stakes excitement of the "greatest two minutes in sports," the Kentucky Derby. No American sporting event can claim the history, tradition, or pageantry that the Kentucky Derby holds. For more than 130 years, spectators have been fascinated by the magnificent horses that run the Louisville track. Thoroughbreds such as Secretariat and Barbaro have earned instant international fame.