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AP-National

Kentucky Derby purse raised to $5 million for 150th race in May

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Published 11:42 am

LOUISVILLE, Ky. (AP) — The Kentucky Derby purse has been raised to $5 million for the 150th edition in May. The increase of $2 million was announced Wednesday by Churchill Downs. The 1 1/2-mile race will be May 4. Previously, the Derby purse had been $3 million since 2019. It was $2 million from 2005-18 and $1 million from 1996-2004. This year’s winner will receive $3.1 million. The runner-up will earn $1 million; third is worth $500,000; fourth is $250,000; and fifth is $150,000. Churchill says the hikes are possible because of its investment in historical horse racing, which boosts funding for purse money.

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