25 horses 5 tracks Find 3 fastest puzzle

Suppose you have 25 horses, and you want to pick the fastest 3 horses out of those 25. In each race, only 5 horses can run at the same time in a race because there are only 5 tracks. What is the minimum number of races required to find the 3 fastest horses without using a stopwatch?

Thanks to Dhaval for suggesting this Article and its approch

Answer : Its very interesting and easy looking puzzle.

First solution that people think : 
-> have 5 races, u'll have top 5 winner in each race, 
-> have 1 race between this top 5 and get top 3.

But think
say there are 25 horses in 5 races and their time (though we don't have stopwatch just imagine if we have then what can be missing case in above solution)
where a1,b1.. are fastest among a(i), b(i) etc
a1,a2,a3,a4,a5   Time taken : 1 , 1.30 , 2 , 2.05 , 2.50
b1,b2,b3,b4,b5  Time taken : 0.95 , 0.98 , 0.99 , 1.05 , 1.50
c1,c2,c3,c4,c5   .....
d1,d2,d3,d4,d5  .....
e1,e2,e3,e4,e5  .....

here as above written solution if we go then we can see that b2, b3 are faster then a1 but above solution does not allow them to race.

So Get Real solution.
Have visual representation
a1a2 a3a4a5
b1b2 b3b4b5
c1c2 c3c4c5
d1d2 d3d4d5
e1e2 e3e4e5
In each row, the fastest horses are listed in descending order, from the fastest (extreme left) to the slowest (extreme right).so in the first race a1 was the fastest and a5 was the slowest. In the second race b1 was the fastest, b2 was the second fastest and so on.

Next :
we’ve had 5 different races, we can eliminate the slowest 2 horses in each group since those horses are definitely not in the top 3 . so we have now matrix as a1,a2,a3 ..to.. e1,e2,e3.

Next :
we can have 6th race with a1, b1, c1, d1, e1 so that we can have fast 3 .
(Why to do so..
the horse say e1 and d1 came 4th and 5th are not fastest 3 but together we can eliminate d2,d3 and e2,e3 as they are also slower than d1 and  e1 and so they are slower then a1,b1,c1 )

Hence finally we have
a1 , a2 , a3
b1 , b2 , b3
c1 , c2 , c3

Now as a1 is the fastest among fastest, we can say the first fastest is a1 . and we don't need to keep a1 in race to get second and third fastest.

we have
a2, a3
b1 , b2 , b3
c1 , c2 , c3

Which horses still we can eliminate from sixth race.
a1 is fastest, for second and third position b1,c1, b2 can only be possible candidate.
as b3 is slowest in b1,b2,b3 so it can't take 2nd, or 3rd fastest. similarly c3 can't be in 2nd and 3rd fastest.
Now as c2 is slower then c1 and c1 is slower then b1. (in sixth race a1 was first, b1 was second, and c1 was third)
hence c2 also can't be in 2nd and 3rd fastest.

Finally we have


a2, a3
b1 , b2
c1.


Have 7th race among this 5 horse . get fastest two
say b1 and a2. (or any)

We have top three fastest a1,b1,a2.