Budd Lepman (August 19, 1917 – June 8, 1999) was an American Thoroughbred horse racing trainer who trained two Champions, won a record five training titles at Monmouth Park Racetrack,^[1] and by the early 1970s was regarded as "one of the nation's leading trainers".^[2]

Lepman was a native of Chicago where his father Horace was a broker and member of the Chicago Mercantile Exchange.^[3] His mother's brother was Benjamin Lindheimer who owned Arlington Park and Washington Park Race Tracks^[4] as well as the Los Angeles Dons of the All-America Football Conference.^[5] Lepman initially trained horses in the Chicago area but in the early 1960s moved operations to a base in New Jersey and Florida during the winter months.^[6]

On July 27, 1969, Lepman saddled four winners at Monmouth Park, a feat thought to be a first for any trainer since the racetrack opened in 1946.^[7] During his career, Lepman trained two Champions. The first was in 1970, when he conditioned Office Queen to American Champion Three-Year-Old Filly honors and the second in 1984 when Eillo was voted American Champion Sprint Horse following an outstanding year that included a win in the inaugural running of the Breeders' Cup Sprint.^[8]

Lepman was living in Hallandale, Florida, at the time of his death in 1999.