The Hamptons Take 2 Documentary Film Festival will present the East Coast premiere of “Penny & Red: The Life of Secretariat’s Owner” on Sunday at 2:30 p.m. at Bay Street Theatre in Sag Harbor. The film, directed by John Tweedy and narrated by Diane Lane, tells the story of Penny Chenery and Secretariat, her champion thoroughbred, also known as Big Red, who won racing’s Triple Crown in 1973.