Jess Jackson’s Stonestreet Stables and Harold T. McCormick have purchased spectacular Kentucky Oaks (gr. I) winner Rachel Alexandra from Dolphus Morrison and Mike Lauffer.

“Rachel Alexandra is one of the best horses in racing today,” Jess Jackson said in a news release. “She is fast, strong and durable -- the traits we should all be breeding into all future generations of race horses. Her beauty and athleticism will thrill thousands of fans. ”

McCormick, the release said, is from Birmingham, Ala.

Rachel Alexandra, by Medaglia d'Oro  , won the May 1 Oaks at Churchill Downs in spectacular fashion, drawing away from the field under jockey Calvin Borel to win by 20 ¼ lengths.

The release makes no mention of who will train Rachel Alexandra, but Daily Racing Form reported she likely will be transfered from Hal Wiggins to Steve Asmussen.

Jackson is the majority owner of two-time Horse of the Year Curlin, who was trained by Asmussen. Curlin   now stands at Lane's End Farm near Versailles, Ky., and Jackson said following her retirement, Rachel Alexandra will be bred to Curlin  . 

In addition to the Oaks win, Rachel Alexandra’s graded stakes victories include the 2008 Golden Rod Stakes (gr. II), 2009 Fair Grounds Oaks (gr. II), and 2009 Fantasy Stakes (gr. II). Bred in Kentucky by Morrison from the Roar mare Lotta Kim, the 3-year-old filly has won five of seven starts and has earnings $958,354.