It's true, and NTRA.com will be providing a live online stream for Zenyatta's Santa Margarita Handicap and Rachel Alexandra's New Orleans Ladies races.

Per their website, "The National Thoroughbred Racing Association (NTRA) announced today that the organization's Website,NTRA.com, will offer free, live video streaming this Saturday of the seasonal debuts of both 2009 Horse of the Year Rachel Alexandra and the undefeated Champion Zenyatta"

Source: http://www.theonlinewire.com/17/6442/GAMBLING-ARTICLE/Watch-Zenyatta-and-Rachel-Alexandra-Live-Stream-Online-for-Free!.aspx