Kentucky Derby Day 2017

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Sean G. Todd[By Sean G. Todd; Esq. M. Tax, CFP©, CPA]

Greetings … This ME-P will have nothing to do with finances / money / taxes / healthcare / the economy … or all the other things you are hearing about 24/7 – don’t stop reading though.  It’s merely about the most exciting 2 minutes in sports; always held on the 1st Saturday in May … a tradition lasting 143 years … can you think of what it is?

Kentucky Derby

You’re right! — 143th running of the Kentucky Derby. The “Run for the Roses” is set for [today] May 6, 2016.  Here are several reasons why the Kentucky Derby is such a tradition.

Twin Spires

Throughout the world, the Twin Spires are a recognized landmark that has become symbolic to Churchill Downs.  Constructed in 1895, the Spires were the creation of a twenty-four-year-old draftsman, Joseph Dominic Baldez. Surpassing a century after being built, the Twin Spires continue to greet the winner of the Kentucky Derby and stand as a familiar beacon to horse racing enthusiasts everywhere.

The Trophy

Since the 50th running of the Kentucky Derby in 1924, Churchill Downs has annually presented a gold trophy to the winning owner of the famed “Run for the Roses.” History is unclear if a trophy was presented in 1875 to the winner of the first Kentucky Derby, and trophy presentations were sporadically made in following years. Finally, in 1924, legendary Churchill Downs President Matt Winn commissioned that a standard design be developed for the “Golden Anniversary” of the Derby.

To commemorate Derby 125 a change was made and the horseshoe was turned 180 degrees so that its ends pointed up. The trophy now annually incorporates the horseshoe with the ends pointing up. Racing superstition decrees that if the horseshoe is turned down all the luck will run out.

Since 1975, the trophy has been created by New England Serling located in North Attleboro, MA. The trophy, which is topped by an 18-karat gold horse and rider, includes horseshoe shaped handles, is 22 inches tall and weighs 56 ounces, excluding its jade base. The entire trophy is handcrafted with the exception of the horse and rider that are both cast from a mold.

To complete the trophy by April, craftsmen begin the process during the fall of the previous year and literally work hundreds of hours. The trophy is believed to be the only solid gold trophy that is annually awarded the winner of a major American sporting event.

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Kentucky_Derby_Oaks_2015_Logo_615x400_orig

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Mint Julep

The Mint Julep has been the traditional beverage of Churchill Downs and the Kentucky Derby for nearly a century. Each year; almost 120,000 Early Times Mint Juleps are served over the two-day period of the Kentucky Oaks and Kentucky Derby.

Hit Parade

The second most entertaining parade next to the Kentucky Derby post parade is the parade of hats on display at Churchill Downs. From the fantastic to the sublime, there are no rules or limits.  Does a Derby hat improve one’s luck at picking winners? Some say; “yes, it certainly helps.”

Assessment

Be sure to take a moment out of your day and participate in the running of 142nd Kentucky Derby. As always, make the most of each day! Regards

Conclusion

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8 Responses

  1. Sean

    Amazing — simply amazing.

    That’s my adjective for Mine That Bird’s win in the Kentucky Derby today. It was one of the greatest upsets in 135 years of America’s most famous horse race sent off at 50-1 odds.

    Thanks for reminding me of this uniquely American tradition.

    Charlotte

    Like

  2. Hi again Sean,

    Congratulations to Rachel Alexandra who became the first filly to win the Preakness Stakes, in Baltimore, Maryland, since 1924. She held off a late charge by Kentucky Derby winner “Mine That Bird“, to capture the middle jewel of the US Triple Crown by a length earlier today. Jockey Calvin Borel, who rode “Mine That Bird” in the Derby, guided Rachel Alexandra to her sixth straight victory.

    Charlotte

    Like

  3. Hello, yet again, Sean

    The Unpredictable Belmont

    The New York race was won yesterday by a chestnut thunderbolt of lightening named “Summer Bird”, a virtual newcomer who had only four lifetime starts. Summer Bird got the money too at 11-1; another in a stream of long-shots to win the Belmont in the past 10 years.

    Charlotte

    Like

  4. Kentucky Derby

    Don’t forget the horses.

    http://www.nbcnews.com/storyline/kentucky-derby/exclusive-dying-hollywood-mogul-sam-simon-secretly-rescues-racehorse-n91761

    On abuse; oh! the horse humanity!

    Amy

    Like

  5. California Chrome polishes off Derby

    The fan favorite bolted toward the finish line to become the first California bred horse to win the ‘greatest two minutes in sports’ at Churchill Downs since 1962.

    June

    Like

  6. Kentucky Derby 2015

    American Pharoah takes the Derby.
    And, many thanks for this ME-P.

    Sally

    Like

  7. NYQUIST
    And it’ Nyquist … 8/8.
    Sally

    Like

  8. 2017

    Always Dreaming wins the 143rd Kentucky Derby.

    Sally

    Like

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