Sport: Four Hundred Grand

"They're off!" A hushed silence fell over Santa Anita's quarter-of-a-mile of grandstands last week as 75,000 racing fans craned their necks for a glimpse of the start. It was a day of days for California railbirds. Not only was it the day of the $100,000 Santa Anita Handicap, world's richest horse race, but this was the now-or-never race for doughty old Seabiscuit, darling of U. S. racing fans, Cinderella of the turf.

Few there were who did not know what the Biscuit had gone through. Ugly-duckling grandson of glamorous Man o' War, Seabiscuit had...

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