New Orleans, LA (My Sportsbook) - Horse of the Year Rachel Alexandra, making her first start in six months, was defeated by Zardana in Saturday's $200,000 New Orleans Ladies at the Fair Grounds.

The 1 1/16-mile race had a field of five older females and was added to the Fair Grounds' stakes schedule earlier this year.

Owned by Jess Jackson and Hal McCormick, Rachel Alexandra broke from post two with Zardana in post three. Rachel was the 1-5 morning-line favorite and Zardana was the 5-1 second pick.

Setting the pace in the New Orleans Ladies was Fighter Wing with Rachel along side. The rest of the field was two or three lengths behind the two leaders.

Ridden by Calvin Borel, Rachel took the lead around the far turn as Zardana and jockey David Flores moved forward on the outside. Zardana and Rachel were together at the top of the stretch and the favorite appeared to have a short lead with a furlong to run.

Zardana took the lead with about 100 yards left, as Borel did not push Rachel to go past. Zardana registered a three-quarters length win over Rachel with Unforgotten finishing third followed by Fighter Wing and Clear Sailing.

The time for the New Orleans Ladies was 1:43.55 on a fast track.

Rachel Alexandra, trained by Steve Asmussen, is scheduled to face Zenyatta next month in the $5 million Apple Blossom Invitational at Oaklawn Park.

Zardana is trained by John Shirreffs who also trains Zenyatta. Owned by Arnold Zetcher, Zardana has won eight of 19 lifetime starts for $428,421.

She was coming off a fourth-place finish to St Trinians in the Santa Maria Handicap. Zardana concluded 2009 with a win in the Bayakoa Handicap in December at Hollywood Park.

Zardana paid $21.00, $3.20 and $2.60. Rachel Alexandra, who was undefeated in 2009, returned $2.10 and $2.10, and Unforgotten paid $3.20 to show.