Owner: American Pharoah expected to race until end of year

Win or lose the Belmont Stakes, Triple Crown hopeful American Pharoah is expected to keep racing for the rest of the year. At least that’s the plan owner Ahmed Zayat laid out Wednesday after confirming the sale of breeding rights of his Kentucky Derby and Preakness winner to Coolmore Ashford Stud near Versailles, Kentucky. The value of the deal was not disclosed, but the family had been inundated with offers for more than $20 million. “I will continue to own 100 percent of the colt until he retires,” Zayat said. “I will make all of the racing decisions. If he runs in the Belmont, and God willing wins, and we’re still fortunate, he will continue to race.” – AP