August Belmont

August Belmont Sr. (December 8, 1813 – November 24, 1890) was a German-American politician, financier, foreign diplomat, and party chairman of the Democratic National Committee during the 1860s, and later a horse-breeder and racehorse owner. He was the founder and namesake of the Belmont Stakes, third leg of the Triple Crown series of American thoroughbred horse racing.