He was voted the American Champion Two-Year-Old Colt of 1957 by the Thoroughbred Racing Association and Turf & Sports Digest magazine.
[1] Owned by the Maine Chance Farm of "Cosmetics Queen" Elizabeth Arden, Jewel's Reward was trained by National Museum of Racing and Hall of Fame inductee Ivan Parke.
[2] Following his championship year, in which he won more money than any other two-year-old in history,[3] at age three Jewel's Reward was ranked a top contender for the U.S.
[4] However, an injury during a workout hampered the colt [5] and after being sent off as the betting favorite, he ran fourth in the Kentucky Derby[6] and seventh in the Preakness Stakes.
Returned to the East Coast, in August 1959 the four-year-old Jewel's Reward came down with colic and died on September 16 in his barn at Belmont Park.