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While people will be saying “Happy New Year!” on Thursday, all Thoroughbreds will be celebrating their birthdays. Horses that were 2 at the start of the week will turn 3 on Thursday and that’s when the talk about the 2026 Kentucky Derby Presented by Woodford Reserve really begins to intensify.

As 2025 draws to a close, Week 5 of the Rookie Rankings features a Top 10 that is largely unchanged from Week 4. But there is one small shift worth noting as the series wraps up.

As Thoroughbred racing heads into a new year, it faces the inevitable challenge of learning from the past 12 months and applying those lessons going forward.

With 2026 at hand, BloodHorse has reprised its online year-end survey to ask some of the sport’s leading individuals for their opinions on pertinent issues facing horse racing.

America’s Best Racing correspondent Tom Pedulla reflects on his top 10 stories in Thoroughbred racing in 2025:

Trainer Bob Baffert capped a stellar opening day at Santa Anita Park Dec. 28 by sending out Goal Oriented and Midland Money as the winner and runner-up of the featured $301,000, Grade 1 Malibu Stakes.

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