Barclay Tagg had indicated for 2007 he would enter Nobiz Like Shobiz into three prep races—all at —before the Kentucky Derby. The first would be the Grade 3
Holy Bull Stakes on February 3. Going off as the favorite, Nobiz Like Shobiz outran his rival
Scat Daddy and won going away by one and one/half lengths. In the March 3rd
Fountain of Youth Stakes he lugged in during the stretch and finished third. Equipped with blinkers, he held off a late rally from longshot Sightseeing to win the G1
Wood Memorial Stakes by length as the favorite. Second choice
Any Given Saturday (3/2 odds) was lengths behind the winner in third. Nobiz Like Shobiz had a seemingly perfect trip in the 2007 Kentucky Derby, stalking the pace in 4th into the stretch. As he angled to the outside for his stretch run under jockey
Cornelio Velásquez, the pace of the race picked up dramatically and Nobiz Like Shobiz failed to generate a late run, finishing 10th in the full field of 20. In his next race, July 4, he finished a well-beaten second to
Any Given Saturday in the Grade II Dwyer Stakes. After that defeat, and because Nobiz was running down on dirt (burning his heels and ankles on the rough surface), trainer Barclay Tagg began training him for grass racing. On August 6, 2007, Nobiz won his first start on turf: the
National Museum of Racing Hall of Fame Stakes under Cornelio Velazquez. On September 1, he won again on turf in the Grade III
Kent Breeders' Cup Stakes at
Delaware Park Racetrack. The following October he captured his third straight turf race by winning the Grade II
Jamaica Handicap. He was entered in the
Breeders Cup (Turf) Mile on October 27 and briefly seemed poised to make a strong move but managed only to finish fourth on a rain-softened turf course. In the late-November Hollywood Derby, he was unable to catch front-running Daytona and again finished out of the money. ==Overall racing statistics==