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Medina Spirit to race in Preakness Stakes after agreement reached

Kentucky Derby winner Medina Spirit will race in Saturday's Preakness Stakes after an agreement was reached after trainer Bob Baffert agreed to prerace blood testing, monitoring and medical review.

The oversight will also apply for the Baffert-trained horse Concert Tour, according to attorney W. Craig Robertson III.

Robertson wrote in a letter to the attorney for the Maryland Jockey Club that detailed the agreement that Baffert "consents to the public release of this letter and all testing results."

The Maryland Jockey Club later confirmed the agreement.

Earlier Tuesday, Baffert said in a statement that Medina Spirit was treated with an antifungal ointment containing the steroid betamethasone that caused the horse to fail a postrace drug test.