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American Pharoah is 'breathing fire' ahead of Belmont: Zayat

On Saturday, American Pharoah will seek to do what only 11 horses before him have done: Take home the Triple Crown.

One day before the Belmont Stakes, owner Ahmed Zayat said he is confident his colt can capture the elusive prize.

"I think he can. He will. He is ready. He is breathing fire," Zayat said on CNBC's "Squawk Box." ( Tweet This)

Read MoreAmerican Pharoah is like a 'happy pet'

American Pharoah is healthy and taking well to the track at Belmont Park in Elmont, New York, Zayat said.

"The most important thing after a very long campaign, after winning the Derby and the Preakness, is how they're carrying their weight, their condition," he said. "Is it wear and tear coming on? And he doesn't give us any sign. He's actually a very happy horse, and that's what makes us really excited."

The world hasn't seen a Triple Crown winner since Affirmed won the Belmont Stakes in 1978. In that time, 13 horses have been in a position to sweep all three races following wins at the Kentucky Derby and Preakness.

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Zayat said he was hoping to break the 37-year drought not only for himself, his family and sponsors Monster Energy and Wheels Up, but to raise the profile of horse racing.

"I just want to do it for the sport. A sport without any stars is not a sport," he said.

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NBC-TV coverage of the race begins at 2:30 p.m. ET Saturday.

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