Time Limit (horse)
Encyclopedia
Time Limit was an American Thoroughbred racehorse out of Gilded Time
Gilded Time
Gilded Time is an American Thoroughbred Champion racehorse. Bred by Harry T. Mangurian, Jr., he was out of the mare Gilded Lilly and sired by Timeless Moment, a son of the U.S. Racing Hall of Fame inductee, Damascus...

 who broke down in the 1998 Jim Beam Stakes along with another colt by the name of Sorceror
Sorceror (horse)
Sorceror was an American Thoroughbred racehorse who broke down in the 1998 Jim Beam Stakes. Another horse, Time Limit, also broke down and was euthanized in that race. The three-year-old colt was trained by Hall of Famer Jack Van Berg and owned by Jim McIngvale, a Texas-based mattress manufacturer...

, who was out of Summer Squall
Summer Squall
Summer Squall is an American thoroughbred Stallion racehorse. He was sired by Storm Bird, who in turn was a son of 1964 U.S. Champion 3-Yr-Old Colt Northern Dancer, "one of the most influential sires in Thoroughbred history." His dam was Weekend Surprise, a daughter of the great U.S. Triple Crown...

. Event of the Year won the race. Time Limit and Sorceror were both Kentucky Derby
Kentucky Derby
The Kentucky Derby is a Grade I stakes race for three-year-old Thoroughbred horses, held annually in Louisville, Kentucky, United States on the first Saturday in May, capping the two-week-long Kentucky Derby Festival. The race is one and a quarter mile at Churchill Downs. Colts and geldings carry...

prospects.
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