UAE Derby
Trading Leather missed the Epsom Derby and was dropped to Listed class for the Silver Stake over ten furlongs at the Curragh. He took the lead a quarter of a mile from the finish and won by three and a half lengths from UAE Derby winner Lines of Battle. On 29 June, Trading Leather was one of nine colts to contest the 148th running of the Irish Derby over one and a half miles at the Curragh. He started at odds of 6/1 in a field which included Ruler of the World, Libertarian, and Galileo Rock, the first three finishers in the Epsom Derby. Manning settled the colt behind the leaders before moving up to take the lead a furlong and a half from the finish. In the closing stage, he stayed on well under pressure to win by one and three quarter lengths from Galileo Rock. Trading Leather's victory, which came in a fast time of 2:27.17, was a second for Jim Bolger and a first for Manning, who said that the colt "gallops and keeps galloping, I was getting there all the way up the straight. This win means everything to me."