 In the 2012 Belmont Stakes, Velazquez won his third Triple Crown Race aboard Union Rags.Later in the year, he won the Breeders' Cup Mile on the gelding Wise Dan, who went on to become a two-time American Horse of the Year in 2012 and 2013 with Velazquez as his regular rider.Also in 2012, Velazquez was inducted into the National Museum of Racing and Hall of Fame.