Capote was the favorite in a deep and talented field assembled for the 1986 Juvenile at Santa Anita with jockey Laffit Pincay, Jr. He broke on top and never was seriously threatened, coasting to the wire 1 1/2 lengths at the finish for trainer D. Wayne Lukas.
Capote was a regally-bred son of Seattle Slew purchased for $800,000 at the Keeneland yearling sales by a partnership of longtime Lukas clients, winning the Norfolk Stakes at Santa Anita three weeks before the Juvenile. He was voted Eclipse champion.
However, the victory in the Juvenile would prove to be Capote’s finest moment as the 1987 Triple Crown season would be dominated by his beaten rivals – Alysheba, third in the Juvenile at 33-to-1 winning the Kentucky Derby and Preakness and Bet Twice fourth in the Juvenile, easily capturing the Belmont Stakes.