Seabiscuit was a champion thoroughbred born in 1933. The Kentucky Derby is limited to 3-year-old race horses. Seabiscuit was not recognized as a champion until 1937, which would have made him too old to participate in the Kentucky Derby. Seabiscuit's best racing years were from 1937 through 1938. An injury stopped Seabiscuit from racing in 1939. He came back in 1940 to win the Santa Anita Handicap, fantastic feat. The movie Seabiscuit is spectacular. Hope you have seen it.
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Seabiscuit died on May 17, 1947, on Charles Howard's ranch in Willits, CA, a couple of hours north of San Francisco. He was buried under one of his favorite trees in an unmarked grave. He was 14 years old at the time of his death.
Seabiscuit had a suspensory ligament injury. The ligament that runs down the horse's legs and helps like a shock absorber can be damaged or torn under stress or overwork. It is usually a career ender and in severe cases the horse may have to be euthanized.