Horse Racing

American Pharoah manager: Win huge for industry

American Pharoah's influence

Justin Zayat, racing and stallion manager of Zayat Stables, which owns American Pharoah, said Monday that his family's victory is a good sign for the entire horse racing industry in the U.S.

"Everyone is on cloud nine but it's not even about the Zayat family anymore," the 23-year-old said in an interview on CNBC's "Closing Bell."

"It's about the horse racing industry, what this horse means for the industry, and what is going to happen after this."

Read More American Pharoah claims the Triple Crown

American Pharoah is owned by Justin's father, Ahmed Zayat. Over the weekend the horse won the Belmont Stakes, becoming the first winner of the sport's Triple Crown in 37 years.

Zayat said that he hopes to run the horse in at least a few other races, depending on his health. The ultimate goal, he said, is to have him compete in Kentucky's Breeders' Cup later this year, with a $5 million cash prize.

"The Breeders' Cup would be the ultimate of ultimate to end his career so we're going to weigh our options and see how the horse is doing, but I'd love to win it," he said.

—The AP contributed to this report.

Jockey Victor Espinoza, owner Ahmed Zayat and trainer Bob Baffert (left to right), celebrate with the Belmont Stakes and Triple Crown Trophies after American Pharoah won the 147th running of the Belmont on June 6, 2015, in Elmont, New York.
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