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Horse capsules by SI's Mark Beech

Exchange Rate (30-1)
Post position: 17
Jockey: Calvin Borel
Gray or roan colt
Date Foaled: April 3, 1997
Sire: Danzig
Dam: Sterling Pound
Breeder: Phillip Freedman (Ky.)
Owner: Padua Stable
Trainer: D. Wayne Lukas
Record: Starts 1st 2nd 3rd
  7 3 2 0
Graded Stakes Victories: None
Last start (Finish): Wood Memorial (9th)
The Line: The ninth-place finish in the Wood Memorial was a big disappointment, though he may still have been suffering from the effects of a lung infection he picked up in the Louisiana Derby. Perhaps he just didn't like the wet track. Exchange Rate is a consistent race horse, though he seems to be more of a front-runner than a closer. He should run better than he did at Aqueduct, but I'd like to see him coming into the Derby off a stronger effort.

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