The famous race held annually on the first Saturday in May is the Kentucky Derby. Known as "The Most Exciting Two Minutes in Sports," this thoroughbred horse race takes place at Churchill Downs in Louisville, Kentucky. Established in 1875, the Kentucky Derby is the first leg of the Triple Crown and features a rich tradition, including the iconic Mint Julep cocktail and extravagant hats worn by spectators. The event attracts a large audience, both in-person and through broadcasts, and is a highlight of the American sporting calendar.