
An iconic race —
A statue of Barbaro takes pride of place at Churchill Downs. The bay colt captured the hearts of the American public when he won the Kentucky Derby by seven lengths in 2006 -- but then dramatically broke down in the Preakness Stakes, the second leg of thoroughbred racing's Triple Crown. Words and pictures by CNN's Paul Devitt.

19th century beginnings —
The Derby traces its rich history back to 1875 when Colonel Meriwether Lewis Clark Junior decided to inaugurate a race in his home state of Kentucky. Clark -- grandson of William Clark of the historic 19th century Lewis and Clark transcontinental expedition -- had been influenced by a visit to England's Epsom Derby.

Think big —
That very first derby was won by Aristides in front of an estimated crowd of 10,000. Nearly 140 years later, more than 165,000 people flocked to Churchill Downs for a chance to be a part of America's oldest continuous sporting event.

Another win —
I'll Have Another cut loose on the home stretch to run down Bodemeister and win the 138th Kentucky Derby on May 5. The colt earned nearly $1.5 million of the $2.2 million purse -- quite a payoff for a horse that was purchased last year for the modest sum of $35,000.

Blooming success —
The race is known as the "Run for the Roses" after the garland of flowers traditionally draped over the winner.

Welcome to the derrrbee —
Being in the state of Kentucky you have no choice but to get caught in the hospitality and warmness the locals offer. It has been all about the Derby, or "derrrbee" as they pronounce it.

Hats off —
The race is as well known for its fashion as its horses, with hats the key accessory. It's not uncommon for Southern Belles to spend upwards of $10,000 to stand out, show off and out-do all the rest.

Fast fashion —
A punter displays her backing for the racehorse Hansen. As with most iconic events, it's usually the people who come to the event that make it.

Pretty in pink —
In Australia, punters tend to know who they are betting on and often call out the horse's name. But in Kentucky all they need is the horse's number.

Southern style —
These days, Kentucky shares its derby with the world. But it remains, in essence, very local in flavor.

A quiet moment —
Once the international racing set leaves Louisville, Churchill Downs returns to its usually low-key self.


