Seabiscuit Wins Breeders Cup Handicap Race in 1938

The transcript describes a thrilling $100,000 bike race featuring Seabiscuit. It begins with an introduction to the race, followed by California's last look at Seabiscuit. The narrative then details the thrilling race, highlighting Seabiscuit's performance and eventual victory. Seabiscuit sets a new track record, winning by three lengths, and is ready to face War Admiral.

What is the significance of the $100,000 bike race mentioned in the text?

Describe the performance of Seabiscuit in the race.

What emotions or reactions are conveyed in the text regarding Seabiscuit's race?

How did Seabiscuit set a new track record?

What does the text imply about the competition Seabiscuit faced?