In our discussions with Transitional, we were impressed with the quality of its operations and the strategic potential of our combined company.

I don't think he's going to be at 100 percent making his first race after three months. He shouldn't be at his sharpest, nor would you want him to be.

It's a 'What have you done for me lately?' game. He's got to show he's got what it takes to be a Derby winner.

This is the best time of the year.

Obviously if you ask me, I'd like to see our colt's best distance be a mile and a quarter. … We weren't training this horse to win the Hopeful. We're training the horse for down the road, and the Hopeful is the next logical step.

I never thought I could get another horse who would get me as excited to the level as Madcap. And this horse is starting to do that. It's been an interesting summer: One door closes and the other one opens.

I like to see a guy ride with confidence. … He is competitive, and he has shown the ability to travel and compete everywhere he goes. And probably the guy I respected as a rider the most over the years -- Bailey -- told me he is the best young rider out there.

We've got to compete here. He's got to outrun Point Determined, right?

It's exciting and we're having a lot of fun.