He was trained by Hall of Fame trainer LeRoy Jolley, Honest Pleasure was a precocious two-year-old and dominated his division.
Bold Forbes had raced mostly in Puerto Rico as a two-year-old but challenged Honest Pleasure at three.
In the Kentucky Derby Jolley had Honest Pleasure sit off the pace and but he made his move too late and was beaten to the wire by Bold Forbes.
He did not enter the Belmont Stakes, leaving it to Bold Forbes who narrowly won.
At four, Honest Pleasure won the Ben Ali Handicap at Keeneland Race Course.