Caveat (March 16, 1980 – February 21, 1995)^[2] was an AmericanThoroughbredracehorse.

Bred inMaryland byRyehill Farm, he was sired byKentucky Derby winnerCannonade out of The Axe II mare Cold Hearted.^[3] To date, Caveat is one of eleven Maryland-bred colts to win a Triple Crown race.

Caveat was owned by the partnership ofAugust Belmont IV, Robert Kirkham, and his breeder, James P. Ryan. He was conditioned for racing byU.S. Racing Hall of Fame trainerWoody Stephens.

As a two-year-old, Caveat placed second in theGrade IILane's End Breeders' Futurity Stakes withEddie Maple aboard.

At age three, Caveat won the Prince John Stakes and came in second in theArkansas Derby three weeks prior to the Derby.Woody Stephens felt like he needed a little tightening up, so he ran Caveat six days before the Derby and won theDerby Trial. Then in May, he placed third in theKentucky Derby behindSunny's Halo. Five weeks later, under jockeyLaffit Pincay, Jr., he won theBelmont Stakes against a record field of 15 horses, straining aligament in his rightforeleg at the top of the stretch in the process. The injury was the cause of his eventual retirement.^[4][5]

Caveat was retired in August, 1983, and syndicated as a stallion. Among his progeny, he was the sire ofArlington Million winnerAwad, Timely Warning, Cefis, Warning Glance, Ratings, and Ops Smile.

As a broodmare sire, he sired Beware of the Cat, dam ofBelmont Stakes winnerEditor's Note.

Caveat died in February, 1995, atNorthview Stallion Station in Maryland and is buried in Windfields Farm Equine Cemetery at Northview Stallion Station.

• 1980 racehorse births
• 1995 racehorse deaths
• Racehorses bred in Maryland
• Racehorses trained in the United States
• Belmont Stakes winners
• Belmont family
• Thoroughbred family 3-n

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