The dream started with a young man, Col. M. Lewis Clark, grandson of Gen. William Clark, the explorer. He visited England and France in 1872 and decided that he would start a racetrack in Kentucky to revive the states horse breeding industry. Development began soon after the trip on 80 acres he obtained from his two uncles, John and Henry Churchill. Funding was through membership subscriptions that sold at $100 a piece. The track was officially opened on May 17, 1875. Four races were held that day and the winner of the featured race, the Kentucky Derby, was a horse named Aristides. Two African Americans, Oliver Lewis and Ansel Williamson, trained and jockeyed Aristides. Throughout the years, the Kentucky Derby became the focal event for Churchill Downs.



Eventually, the Kentucky State Fair held activities at Churchill Downs, but the main attraction was then and still is today betting on that special horse to win. In 1875, the prize for winning was $2,850. The purse jumped to $5,460 in 1890 with Riley leading the pack as the thoroughbreds crossed the finish line. The winner of the Kentucky Derby in 1896 was Ben Brush with the first-place prize money totaling $4,850. The winners purse would remain at that figure for the next 17 years.

In 1913 there was a slight increase in prize money, but the following year the winners proceeds skyrocketed to $9,125. That same year Old Rosebud won by a hefty 8 lengths, setting a track record of 2:03 for the 2/5-mile oval. By 1915, the Derby had developed a reputation as a premier sporting event due to a 3-year publicity push. The Golden Jubilee Derby in 1924 featured a purse of $52,775. Through the years, the prize money continued to grow. In 1970, Secretariat became the first Triple Crown winner in 25 years, with a Derby win timed at 1 minute, 59 seconds. The net for Secretariats owners was a whopping $127,800. In May of 2004 the winner of the Derby took home a record $5,854,800.

While Churchill Downs was the hub of betting, racing, and other activities, it went through leadership changes quite frequently. Col. M. Lewis Clark and his Louisville Jockey Club started the annual show in 1875. Although the first Kentucky Derby had been a success, there were financial problems. In an attempt to provide a more secure financial situation, the race was incorporated under the New Louisville Jockey Club on November 24, 1894. William F. Schulte became president and Col. M. Lewis Clark was appointed the presiding judge.

Tragedy struck with the suicide of Clark in Memphis, Tennessee, on April 22, 1899. Financial problems plagued the track again and former mayor, Charles Grainger, Charlie Price, and Matt J. Winn took over on October 1, 1902. The first sign of profitability was in 1903. The Kentucky Jockey Club took over all 4 racetracks in Kentucky in 1918-1919. Churchill Downs-Latona became the legal name of the track in 1937 after the sale of several of the other racetracks. October 6,1949, marked the death of Col. Matt J. Winn, the man credited with making the Kentucky Derby the most prestigious race in the world. Bill Corum took over the helm and modernized the track.

The Kentucky Derby was televised for the first time on May 3,1952. In December of 1958, Bill Corum died and was replaced by Wathen Knebelkamp. Under new direction, Churchill Downs underwent more renovation. Also, the City of Louisville tried to purchase the racetrack, but the aldermen had the final word and wouldnt allow it. Around 1968 there was another battle for ownership of Churchill Downs and this time the Derby Protection Group became the highest bidder.

Lynn Stone was named the new president in 1970. He was successful in fending off 2 more attempts to take over the racetrack. But when financial problems arose, Stone resigned in August 1984, to be replaced by Thomas Meeker. Through the good leadership of Meeker, Chairman Warner Jones, and the current Chairman William Farish, Churchill Downs and the Kentucky Derby have flourished.

Besides the controversy related to takeovers and changes in leadership, there were legal issues as well. In 1908, betting began to be a problem to the point that the Louisville city administration was cracking down on bookmakers. A loophole made it possible to continue the parimutuel betting that Col. Clark had imported in 1875 from France. Problems arose again and there was a government ban on horseracing in 1945, but VE Day changed everything and the Derby continued on June 9th of that year.

As was noted earlier, African Americans have played a key role since the first race and have made major contributions throughout the derbys history. Alonzo Lonnie Clayton was an early jockey who, at in 1892 the age of 15, rode Azra, making him the youngest jockey to achieve victory. Erskin Henderson was the 6th African American to win the Kentucky Derby, riding Joe Cotton in 1885. Babe Hurd rode Appollo in 1882 and won. George Garrett Lewis, another African American, jockeyed Fonso in the 1880 Derby. These are 4 of 15 African Americans who won the Kentucky Derby and have their names enshrined in the Kentucky Derby Museum.

In addition, women jockeys have been active in the Derby; the five who have run for the roses are Patti Cooksey, Diane Crump, Julie Krone, Andrea Seefeldt, and Rosemary Homeister. Also, It has been fairly common throughout the years that women have been owners.

The Kentucky Derby and Churchill Downs have become the hallmark of first-class horseracing by dealing with adversity and making adjustments. The Derby is a horserace unlike any other in terms of prestige, excitement, and quality competitors. Those who have played an important role in making the Derby a yearly tradition include the jockeys, trainers, breeders, administrators, owners, and those magnificent creatures, the horses that have run for the roses for 130 years. The brainchild of Col. M. Lewis Clark is much more than a horserace. It is an American institution.