No mere "Beast of Burden," Wood's horse has won 10 of its 30 races and is a 66-1 shot for the famous jump racing showpiece at Aintree, near Liverpool, in Britain's north west.
The 10-year-old, bred by Wood's team and stabled with Cheltenham Gold Cup-winning trainer Jessica Harrington in Ireland, is one of a number of entries owned by celebrities for this year's race.
Former Manchester United manager Sir Alex Ferguson, a part owner of last month's King George VI Chase winner Clan Des Obeaux, has a share in Give Me A Copper.
Rock 'n' roll legend Wood, 71, has had a long involvement in racing but has yet to enter a runner in the Grand National, a dramatic four-and-a-half-mile marathon over huge jumps such as Becher's Brook, Valentine's and The Chair.
The Grand National takes place on April 6, before Wood, also an accomplished artist, embarks on the Rolling Stones' No Filter tour in Miami, Florida on April 20.
The defending champion is Tiger Roll, owned by Ryanair chief executive Michael O'Leary. The first prize is more than $730,000.
More than 100 horses have been entered for the race with a maximum of 40 taking on the 30 fences.
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