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Jockey Mario Gutierrez rides I'll Have Another to victory in the 138th Kentucky Derby horse race at Churchill Downs Saturday, May 5, 2012, in Louisville, Ky. (AP)

I'll Have Another Wins 138th Kentucky Derby

by Steve Mullis
May 5, 2012

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Overtaking Bodemeister (at 6-1 odds) in a deep stretch, I'll Have Another, at 15-1 odds, pulled off an upset in the 138th running of the Kentucky Derby at Churchill Downs on Saturday. Dullahan finished third.

I'll Have Another is owned by J. Paul Reddam and was trained by Doug O'Neill.

It was jockey Mario Gutierrez's first Derby race, according to the Associated Press. It was also trainer O'Neill's first Derby victory, having never finished better than 13th place with two previous horses.

I'll Have Another, a chestnut colt, finished the 1 1/4-mile race at a time of 2:01.83.

Here's a video of the race from NBC sports:

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