BARBARO (long story how I became a huge Barbaro fan. And I can totally understand if people think it strange to put name of horse who met tragic ending on my Maro'. But for me, it just feels right.)
Some other horse names that would work for the right person: Limiting to 7 characters, which is limit in MN
RAGSY-(Rags to Riches)-won Belmont in 07'-first filly to win that race in over 100 years.
SMRTY J (Smarty Jones)-won 04' Derby and Preakness
BIGBRWN-(Big Brown)last yrs Derby/Preakness winner
RUFFIAN-legendary filly of 70's, met tragic end-She was dark black, so such a plate would work very well on a black Maro'.
(Speaking of color, I was leaning toward RJT, which is closest to Barbaro's, but I just don't dig that color, so will probably do Victory Red....Ha, same color as the blanket of roses he won in the "Run for the Roses" known as the Kentucky Derby

)
8BELLES-(Eight Belles)-another great fillly, sadly died in 08' Derby
AFFIRMD-(Affirmed)-last horse to win Triple Crown, in late 70's
SECRTRT-(Secretariot)-73' Triple Crown winner-won Belmont by 20 lengths.
No, I'm no longer a big fan of the "sport"...too many horses have gone down, and much needs to change to make it safer. But that's a discussion for an off-topic thread, of course.