Kentucky Derby purse up to $3 million; 1st boost in 14 years

Horse Racing

LOUISVILLE, Ky. — The Kentucky Derby’s purse will be raised to $3 million this May, an increase of $1 million and the first boost in 14 years.

Churchill Downs said Thursday that the winner of the 145th running will receive $1.86 million. The runner-up will earn $600,000, with third place worth $300,000, fourth place $150,000 and fifth place $90,000.

The Derby purse had been $2 million since 2005 and $1 million from 1996 to 2004.

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