According to Brad Free of the Daily Form, trainer Bob Baffert moved several Derby prospects to trainer Tim Yakteen, including National Treasure, Reincarnate, and Hejazi. But Cave Rock is still with Baffert and the deadline for any horse to eligible for the Derby points has already been past (Feb 28, 2023).

So this tells me that Baffert doesn't think that Cave Rock is a mile and a quarter horse, and he probably thinks that Cave Rock is more suited to the Preakness Stakes than the Derby. Better yet for Baffert, he is not banned at Pimlico.

So I think that we'll see Cave Rock at Pimlico in the Preakness Stakes this year.