Philip J. Dwyer - Thoroughbred Racing

Thoroughbred Racing

In 1874 the Dwyer brothers entered the sport of Thoroughbred racing, building their Dwyer Brothers Stable into one of the top racing operations in the United States. Between them, they won the Kentucky Derby twice, the Preakness Stakes once, and the Belmont Stakes five times in the six years from 1883 through 1888. They owned and raced some of the best horses in the history of American Thoroughbred flat racing including four that have been inducted in the National Museum of Racing and Hall of Fame. In 1890, the Dwyers decided to dissolve their formal racing partnership. Mike Dwyer went on to enjoy further racing success and gained control of the New Jersey Jockey Club that operated a racetrack in Elizabeth, New Jersey.

Philip Dwyer raced horses for the joy of the sport while his brother Mike became notorious for betting enormous amounts of money on the outcome of races. The New York Times newspaper reported that he died "in poor circumstances" as a result of his heavy gambling.

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