The 151st edition of the Kentucky Derby, held on May 3, 2025, isn’t just a showcase of speed and stamina—it’s also a vivid display of financial disparity. With horses ranging from million-dollar acquisitions to budget-friendly underdogs, this year’s Derby proves once again that price doesn’t always predict performance. Here’s a breakdown of what each contender cost and why the numbers don’t always tell the full story.
Striking Disparity: From Chunk of Gold to Sandman and Baeza

Perhaps the most talked-about contrast in the 2025 Derby lineup is between Chunk of Gold and Sandman/Baeza. While Sandman and Baeza were purchased for an eye-watering $1.2 million each, Chunk of Gold was snapped up for a mere $2,500 at the 2023 Fasig-Tipton fall yearling sale. Yes, you read that right—the cheapest horse in the field cost 480 times less than the most expensive!
Full List: How Much Each 2025 Kentucky Derby Horse Cost
Here’s the complete cost list of all 20 horses racing at Churchill Downs:
Post Position | Horse | Price |
1 | Citizen Bull | $675,000 |
2 | Neoequos | $22,000 |
3 | Final Gambit | Homebred |
4 | Rodriguez | $485,000 |
5 | American Promise | $750,000 |
6 | Admire Daytona | $480,276 |
7 | Luxor Café | Homebred |
8 | Journalism | $825,000 |
9 | Burnham Square | Homebred |
10 | Grande | $300,000 |
11 | Flying Mohawk | $72,000 |
12 | East Avenue | Homebred |
13 | Publisher | $600,000 |
14 | Tiztastic | $335,000 |
15 | Render Judgment | $310,000 |
16 | Coal Battle | $70,000 |
17 | Sandman | $1,200,000 |
18 | Sovereignty | Homebred |
19 | Chunk of Gold | $2,500 |
20 | Owen Almighty | $350,000 |
Does Price Predict Performance? History Says No
You might expect the priciest horses to dominate, but Derby history suggests otherwise. Recent winners like:
- Mystik Dan (2024) – a homebred
- Mage (2023) – cost only $290,000
- Rich Strike (2022) – stunned everyone after being bought for just $30,000
In fact, since 1960, 33 Derby winners came from public auctions, but only one—Fusaichi Pegasus—exceeded $575,000 in cost. This trend underlines a key fact: success in the Derby often comes down to training, strategy, and sheer heart, not just price tags.
Chunk of Gold: A Potential Cinderella Story?

With a humble $2,500 investment, Chunk of Gold could become the most affordable Derby winner since 1960 if he crosses the finish line first. Regardless of the outcome, his presence among million-dollar competitors already marks him as a fan favorite and a symbol of possibility.
Conclusion
The Kentucky Derby 2025 lineup reminds us that while money plays a major role in the sport, it doesn’t guarantee victory. Whether you’re cheering for the elite-priced Sandman, a mid-tier contender like American Promise, or the budget-friendly Chunk of Gold, this year’s race offers something for every racing fan—and perhaps, another lesson in the unpredictability of greatness.
Stay tuned for post-race analysis, updates on the winning horse, and behind-the-scenes insights from Churchill Downs.
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