I was born on Derby Day in 1947 and have been trying to find out what time the race began. (It is called "post time") My parents told me that I was "breaking out of the starting gate at the same time as the horses on that day." They crossed the finish line but I'm still running the race.
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The Kentucky Derby is actually the 10th race of 12 on the first Saturday in May. The start time is approximately 6:25pm
The 2010 Kentucky Derby post time is 6:42pm (eastern) it will be broadcast on CBS