The two new names on the GI Kentucky Derby trail each exemplify one of the principal alternatives to what nowadays feels like the ideal route, namely to exploit the imbalances of the commercial market with a breed-to-race program. Nobody having ever operated one of those on a scale as lavish as the one that produced Sovereignty (Into Mischief), the choice between these other models is strictly practical. If you can run to $2.4 million for a Saratoga yearling, as did Speedway Stable for the Into Mischief colt we now know...