Michael E. Pegram (born February 16, 1952, in Fort Knox, Kentucky) is the co-owner of the 2010 Preakness Stakes winner Lookin at Lucky and owner of the 1998 Kentucky Derby and Preakness Stakes winner Real Quiet.
He grew up in Princeton, Indiana going to the races at Ellis Park Racecourse and Churchill Downs and dreamed of someday owning a Kentucky Derby winner.
Among his other horses, Pegram owned Captain Steve, High Stakes Player, Queen of Money, Miss Gibson County, Wheeler Oil, Argolid, Favored One, Arches of Gold, Pussycat Doll, The Texas Tunnel and Uncle Chuck.
Pegram became successful as owner of several McDonald's restaurant franchises in the state of Washington, a business that his father Jim had been involved with.
He has three children: Amie and Tim Pegram and Tiffany Peach and three brothers: Jim (a jockey agent), Demont and Gil.