Horse Racing: A Little Bit of Luck

Even a multimillionaire needs a little luck. Ohio Sportsman John W. Galbreath has had his share: his Pittsburgh Pirates won a World Series in 1960 when Bill Mazeroski hit a home run in the last inning of the last game, and his Chateaugay won the 1963 Kentucky Derby at long-shot odds of 9-1. Galbreath's luck seemed to sour after he paid $1,350,000 to lease the undefeated Italian stallion Ribot for stud duty, improving the stock at his farm in Lexington, Ky. When his original lease ran out last year, about all Galbreath...