“Honestly, I think the push for the Triple Crown does a lot of harm,” Janney said last week before the Derby. “It takes a really exceptional horse to even run in those races at that age. But there’s so much focus on it that, I think, trainers and owners push the horses and maybe miss little injuries, or don’t see that a horse isn’t going the way he needs to.”

Despite running a robust stable since his father’s death in 1988, Janney said he avoids trying to handicap races. He asks McGaughey for his opinion, but that usually amounts to nothing more than a brief scouting report of the other horses in the race. Prior to the Derby, he expressed concern with how Orb would handle the wet track — but also faith in his breeding. Janney picked the dam, Lady Liberty, and sire, Malibu Moon, despite advice from Phipps to get rid of the mare.

“But he outsmarted me,” Phipps joked.

Janney’s father and grandfather were Maryland Racing Commission members, and his father, Stuart S. Janney Jr., won the Maryland Hunt Cup four times. Janney’s parents owned and bred the great filly Ruffian out of the Phipps’ Reviewer, a Bold Ruler colt. Ruffian won her first 10 races, but shattered her right foreleg in a nationally televised match race in July 1975 with Foolish Pleasure, that year’s Kentucky Derby winner.

Janney spent the week in New York, away from the constant talk of the Derby. He is chairman of the Bessemer Trust, a wealth management firm originally set up to oversee the Phipps family fortune (Janney is a great-grandson of Henry Phipps, Andrew Carnegie’s business partner). A graduate of Gilman, the University of North Carolina and the University of Maryland Law School, Janney was a managing director at Alex Brown and Sons in Baltimore before moving to Bessemer.

He serves or has served on dozens of corporate and educational boards. He’s chairman of Johns Hopkins Applied Physics Lab and a trustee for the university. He’s vice chairman of the Jockey Club, a national body that supports horse racing.

Janney can now add one more title to his resume — co-owner of Orb, Kentucky Derby winner.

“The horse’s bloodline goes back to my grandmother, and Dinny’s father was very intrumental in getting me to take over my parents’ horses 20-some years ago,” Janney said. “And I just couldn’t be more delighted that we’re doing this together.”

chris.korman@baltsun.com

Dewey Fox of the Baltimore Sun Media Group contributed to this article.