Bob Baffert is the only trainer to win the Pegasus World Cup Invitational twice. And oddsmakers say he’s got a chance to win it for a third time this weekend.

Preakness winner National Treasure — trained by Baffert — has been installed as the 9-5 favorite for Saturday’s $3 million Pegasus over 1 1/8 miles of dirt at Gulfstream Park. The 4-year-old has won only one of his last nine starts, but the show he put on to win the Preakness eight months ago and a strong second-place finish in the Breeders’ Cup Dirt evidently set him apart from the other Pegasus invitees.

Baffert won the inaugural Pegasus in 2017 with Arrogate and the 2020 version with Mucho Gusto. The Pegasus draws were held Sunday; National Treasure drew the No. 7 post in the expected field of 12.

“It’s nice to have a horse of that caliber in a race of that caliber,” Baffert said. “I’m pretty lucky. National Treasure, he’s been pretty good all year.”

Baffert has had enormous success in the Pegasus overall; out of his five starters in the seven previous runnings of Gulfstream’s richest race, he’s had the two winners and two others finish second. And National Treasure’s recent works suggest he’ll be ready for Saturday.
With just over $1.6 million in career earnings, National Treasure has won more money than any other entrant in the 12-horse Pegasus field.

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