Owned by William Woodward Jr.'s famous Belair Stud in Bowie, Maryland, Nashua was trained by Sunny Jim Fitzsimmons and ridden by jockey Eddie Arcaro.

[3] In the 1955 Preakness Stakes, second leg of the Triple Crown, Swaps did not run and Nashua won by a length over a surprisingly strong challenge by Marion duPont Scott's colt, Saratoga.

[4] Swaps did not run in the Belmont Stakes and Nashua, the overwhelming choice of the bettors, romped home nine lengths ahead of his nearest rival Blazing Count with Porterville another five and on-half behind them.

In 1955, a syndicate purchased Nashua for a record $1,251,200 from the Woodward estate, with majority interests owned by Christopher J. Devine (senior partner and founder of C.J.

[10] At the end of his 1956 season, after thirty career races with a record of 22–4–1, Nashua was retired to stand at stud at Spendthrift Farm in Lexington, Kentucky.