Magnitude breezes at Churchill Downs ahead of Stephen Foster showdown
Magnitude’s 1:02.60 breeze at Churchill Downs backed his Dubai World Cup form and sharpened the Stephen Foster into a major summer target.

Dubai World Cup winner Magnitude put another crisp stamp on his Stephen Foster campaign Sunday morning at Churchill Downs, breezing five furlongs in 1:02.60 on a fast track just after 6 a.m. ET and galloping out six furlongs in 1:15.80. For bettors and horsemen, that is the kind of move that suggests a horse is maintaining his edge rather than merely going through the motions, and it keeps the $2 million Stephen Foster looking less like a routine prep and more like the centerpiece of the older-horse division.
Trainer Steve Asmussen liked what he saw. “He worked great this morning,” he said, adding that he is “very happy with how he’s doing and really looking forward to the matchup in the Stephen Foster.” Magnitude, a 4-year-old son of Not This Time owned by Winchell Thoroughbreds, began his career at Churchill Downs in June 2024 and has built a résumé that already stretches from the Clark Stakes, Fasig-Tipton Risen Star Stakes, Razorback Handicap and Iowa Derby to the biggest win of his life in Dubai.
That victory came March 28 at Meydan, where Magnitude went gate-to-wire in the Dubai World Cup, covered the 1 1/4 miles in 2:04.38 and earned the $6.96 million winner’s share from the $12 million purse. He beat Forever Young in a performance that pushed him from promising American colt to global-class player, and now the question is whether Churchill’s marquee race for older horses becomes the stage that defines his next chapter.
The Stephen Foster has been upgraded to match that ambition. Churchill Downs doubled the purse from $1 million to $2 million on May 20, and the 45th running of the 1 1/8-mile dirt race for 4-year-olds and up now carries an automatic, fees-paid berth into the $7 million Breeders’ Cup Classic on Oct. 31 at Keeneland, plus possible travel support of up to $10,000. Nominations close Wednesday, June 10, and Churchill Downs is billing the race as the “Summer Showdown.”
The money explains the heat around it. Churchill Downs President Mike Anderson said the purse increase should help make the race a premier summertime event, and Kentucky HBPA President Dale Romans said the boost gives the Stephen Foster a purse that “separates it from the pack” among Breeders’ Cup Classic launching pads. That matters in a division where prestige, Grade I status and long-term breeding value all collide.
Asmussen already knows what the Stephen Foster can do for a horse’s legacy. He won it with Curlin in 2008 and Gun Runner in 2017, and both later became Horse of the Year. Four Stephen Foster winners, Black Tie Affair, Awesome Again, Curlin and Gun Runner, eventually reached that honor, while runner-up finishes by Mineshaft and Wise Dan also fed Horse of the Year campaigns. Churchill Downs said last year’s Stephen Foster Day generated an event-record $20.7 million in all-sources wagering, up 10 percent from 2024, a sign that this race is not just a showcase for talent but a major business day for the sport.
The June 27 card begins at 12:45 p.m. ET with seven stakes races, and the Stephen Foster will air on NBCSN and Peacock from 4:30 to 6:30 p.m. ET. If Magnitude brings his Dubai form to Louisville, the race could become the summer’s defining older-horse story and a serious launch point toward Keeneland in the fall.
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