04/21/2004 11:00PM

Preachinatthebar won't run in Derby

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LOUISVILLE, Ky. - Preachinatthebar, who won the San Felipe Stakes but beat just one horse in the Blue Grass Stakes, was taken out of consideration for the May 1 Kentucky Derby following a workout Thursday morning that was not to the satisfaction of trainer Bob Baffert.

"It was OK, but it wasn't what I was looking for," Baffert said at his barn after Preachinatthebar worked five furlongs under exercise rider Dana Barnes. "I don't want to run unless he's got a shot to win it.

"He worked better than his last work," Baffert said, referring to a drill in which Preachinatthebar was outworked by stablemate Wimbledon, "but not well enough to convince me he's got a shot. I'm just not feeling it. If you can't win, you're just wasting your time."