Bob Baffert is back at the Kentucky Derby, and he has two of the race favorites. But can they beat favorite Journalism in horse racing's crown jewel?

Bob Baffert is back at the Kentucky Derby for the first time in four years, having served his punishment for Medina Spirit’s failed drug test and coming to the place where he’s won a record-tying six times.

Bob Baffert and Journalism were among the winners and losers during the 2025 Kentucky Derby post-position draw Saturday night at Churchill Downs.