"Oh. My. God." Those were the first words out of the TV interviewer's mouth when she caught up with jockey Calvin Borel after he came from way behind to ride Mine That Bird to a startling Kentucky Derby win. It was Borel's second Derby victory, but even he seemed kind of amazed at the outcome, crying, cackling and shrieking all the way to the winner's circle. Especially sweet: The $9,500 horse, a 50-1 shot, beat out stables from the likes of a sheik of Dubai.

Read an excerpt from the NY Times' live blog below.