Triple Crown winner American Pharoah came up short in the $1.6 million Travers Stakes on Saturday, losing to Keen Ice by three-quarters of a length before a sold-out and stunned crowd at Saratoga Race Course.

American Pharoah came into the race as the overwhelming favorite, but the first Triple Crown winner in 37 years lost the lead entering the far turn.

He .pulled closer to Keen Ice, but was unable to muster the extra energy he usually finds to overtake the powerful stretch run of the 16-1 long shot.

The upset solidified Saratoga's reputation as the "Graveyard of Favorites." Only one of 12 Triple Crown winners has been able to go on and win the Travers — Whirlaway in 1941.

Keen Ice, a three-time loser, to American Pharoah entering the Travers was ridden by Javier Castellano, who won a record-setting fifth "Mid-Summer Derby."

"I feel bad for the horse getting beat like that," a disappointed trainer Bob Baffert said. "You can tell he wasn't on his 'A' game. Pharoah dug in, but Keen Ice ran a great race."

Trained by Dale Romans, Keen Ice ran 1 1/4 miles in 2:01.57 and returned $34, $6.50 and $3.80.

American Pharoah, losing for the first time after eight straight magnificent wins, paid $2.40 and $2.10 as the 1-5 favorite in the 10-horse field.