Code of Honor, elevated to first in last Saturday's Grade 1 Jockey Club Gold Cup, will run in the $6 million Breeders’ Cup Classic at Santa Anita on Nov. 2, trainer Shug McGaughey told Daily Racing Form Wednesday.

Both before and immediately after the Jockey Club Gold Cup, McGaughey was non-committal about the Breeders’ Cup. But after Code of Honor ran so well in the Gold Cup, falling a nose short to Vino Rosso, but being put up to first after the stewards disqualified Vino Rosso for interference, McGaughey feels the horse “deserves a chance.”

“Lot at stake, lot of money, doesn’t cost us anything to run,” said McGaughey, a reference to the fact the Jockey Club was a “Win and You’re In” race for the Classic, thus all expenses are paid. “If we didn’t run here, it’d probably be six months until we ran again.”

John Velazquez will ride Code of Honor.

McGaughey believes Code of Honor is “very much” in play for both the Eclipse Award in the 3-year-old male division and Horse of the Year.

In addition to the Jockey Club Gold Cup, Code of Honor has won the Grade 1 Travers, Grade 2 Fountain of Youth and Grade 3 Dwyer. He also was placed second in the Kentucky Derby.

Jay Privman will have a story on the BC Classic later today on drf.com