Gertrude Vanderbilt Whitney and C. V. Whitney receive horse racing trophies at Belmont Park

The transcript describes a trophy presentation in a beautiful setting, acknowledging the recipient's success in a historic race. The speaker expresses gratitude and appreciation for the opportunity to participate in such a prestigious event and highlights the privilege of being part of a great sports tradition.

What significance does the speaker attribute to the race mentioned?

What does the speaker imply about the experience of the audience during the event?