Junior Alvarado was given a $62,000 fine and suspended for two upcoming racing days for striking Sovereignty eight times with his riding crop during the Kentucky Derby.

Alvarado whipped the bay colt eight times during the race, above the maximum six allowed by the Horseracing Integrity and Safety Authority.

There will be no Triple Crown winner in horse racing this year. Sovereignty, the three-year-old thoroughbred who won the Kentucky Derby on Saturday, will not race in the Preakness Stakes – the second leg of the three races that make up the Triple Crown.