In the 1960 Kentucky Derby- the "drugstore Derby"- Venetian Way beat Bally Ache. Venetian Way was a sore horse who responded admirably to butazolidin, legal in Kentucky at the time. When Venetian Way ran in the Preakness two weeks later without the help of butazolidin (pain-killing drugs are not legal in Maryland), he did not finish in the money while the sound-legged Bally Ache won. The performance of Venetian Way with and without butazolidin and other similar cases convinced the Kentucky State Racing Commission that drugs were unfair to the horse and to the public.[3]
Ridden in the Kentucky Derby by future U.S. Racing Hall of Fame jockey Bill Hartack, Venetian Way remained within striking distance, then passed Bally Ache as they came around the final turn heading into the homestretch and won going away by 3½ lengths. In the ensuing 1960 Preakness Stakes, Venetian Way finished fifth to winner Bally Ache. Trainer Vic Sovinski was unhappy with how Hartack was riding the colt while training for the Belmont, and he sacked him. Venetian Way ran second behind Celtic Ash, who was ridden by Hartack, in the longest of the Triple Crown races, the 1½ mile Belmont Stakes.[4]
Retired to stud for the 1961 season, Venetian Way was not successful as a sire.