Nellie Flag (1932–1953) was an American Thoroughbred racehorse who was retrospectively named the American Champion Two-Year-Old Filly of 1934. She was the first horse bred by Warren Wright's Calumet Farm to win a stakes race.An early favorite, Nellie Flag finished fourth in the 1935 Kentucky Derby and seventh in the Preakness Stakes, the latter a race won by her dam in 1924.
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