Sport: The Gun-Metal Gray Rolls-Royce

Spectacular Bid is the horse to beat at the Kentucky Derby

When the FBI began investigating a ring of counterfeiters, agents found no bogus $20 bills but something far more valuable: entry cards to Louisville's Churchill Downs. There could be no surer tipoff that Kentucky Derby time is at hand. The counterfeiters were betrayed by their brazenness. They sold phony $50 tickets to an imaginary grandstand at the 105th Run for the Roses this weekend. But their act of daring is soon to be outdone by a few intrepid horse owners. They plan to put up entries against Spectacular Bid, one of...

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