Gray horses: Gray horses look different, so they generate some excitement from people who might not care about a horse’s pedigree or speed rating. No gray horse has won the Kentucky Derby since 2005. There are three grays running this year: Sandman, Final Gambit, and Chunk of Gold.

Baeza is now among the horses in the field for the 2025 Kentucky Derby at Churchill Downs. Rodriguez, who is trained by Bob Baffert, was scratched.

Who should you pick to win Kentucky Derby 151? Here's why each horse in the 2025 Run for the Roses can — and can't — win Saturday at Churchill Downs.