Peace Chance (1931 – 1951) was an American Thoroughbred racehorse who won the 1934 Belmont Stakes, the third leg of the U.S.
At age three, he was ridden by 17-year-old jockey Wayne Wright to a new record for the mile in the 1934 Derby Trial Stakes.
Wright was aboard the colt in the Kentucky Derby, but Peace Chance was kicked by another horse at the start and finished far back in fifth place.
Retired to stud, Peace Chance produced progeny that had limited success in racing, but he did sire Arbitrator, dam of the very important broodmare Almahmoud.
Peace Chance died of a heart attack in June 1951 in Hyde, Maryland.