( CNN ) -- Orb , far back in the pack for much of the race , made a late charge to win the 139th running of the mud-spattered Kentucky Derby on Saturday . Golden Soul was second , followed by Revolutionary . Orb , the post-time favorite at 5-1 , had a winning time of 2:02.89 over the 1Â¼-mile track . The stakes totaled $ 2 million . `` When it was time to go , I knew he was going to respond well , '' jockey Joel Rosario said of Orb , calling his race a `` perfect trip . '' Shug McGaughey III , a Kentucky native and widely respected trainer who had yet to win the Derby , was overcome with emotion by Orb 's comeback , breaking down as he tried to explain his joy . `` I always dreamed of this day and it finally came , '' said McGaughey . Orb 's co-owner Stuart Janney gave McGaughey the credit , noting that many had been saying his time to win the Derby had come . `` We certainly hoped it had , '' Janney said . `` And it did . '' What are Orb 's Triple Crown chances ? Palace Malice , ridden by veteran rider Mike Smith , broke out to a several-lengths lead about halfway through the race . The lead group tightened leaving the backstretch , with Normandy Invasion briefly taking the lead before Orb made his dramatic move . More than 150,000 spectators packed Churchill Downs in Louisville , where rain had fallen much of the day and left the track sloppy . The Derby , which features the nation 's finest 3-year-olds , is the first jewel of the Triple Crown . The 138th running of the Preakness , on May 18 in Maryland , is the second , followed by the Belmont Stakes , in New York on June 8 . Only 11 horses have won the crown , none since Affirmed did in 1978 . Two riders were trying to make history Saturday , but came up short . Goldencents was ridden by Kevin Krigger , who vied to become the first black jockey to win the premier race since Jimmy Winkfield took the trophy back-to-back in 1901 and 1902 . Goldencents finished 17th . Rosie Napravnik , 25 , riding Mylute , made a bid to be the first female jockey to win the race . Mylute finished fifth . It was the first Kentucky Derby win for Rosario . Orb finished more than three seconds slower than Secretariat , which set the race record in 1973 . CNN 's Chelsea J. Carter contributed to this report .
He won 139th Kentucky Derby on a late charge . Track at Churchill Downs was sloppy because of rain . Another favorite , Revolutionary , finished third .