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Kentucky Derby 2016: Nyquist’s quest to follow in American Pharoah's footsteps begins

Doug O'Neill believes Kentucky Derby favorite Nyquist has what it takes to follow in the footsteps of Triple Crown winner American Pharoah.

American Pharoah became the first horse in 37 years to add the Preakness Stakes and Belmont Stakes titles to success in the Derby in 2015.

MORE: Biggest long shots to win Kentucky Derby | Full Derby odds

Nyquist is the clear top betting choice, at 3-to-1 morning-line odds, in this year's Derby at Churchill Downs in Louisville, and trainer O'Neill is tipping the 3-year-old to emulate American Pharoah's achievements.