Sport: One Down, Two to Go

In a career spanning 35 years, more than 150 major-stakes victories and $12 million in purses, Thoroughbred Trainer Woodford C. Stephens has rarely indulged himself as extravagantly as he did last week. He took off three entire days to savor the biggest win of his life: Cannonade's victory in the Kentucky Derby. "I've always wanted to win it," says Stephens, 60. "It sort of completes everything for me."

Not quite. Now, like any Derby winner, Cannonade has a shot at racing's Triple Crown, and Stephens would surely like to claim the big prize. The...