Reserve your 2018 Space Now. The Kentucky Derby is America’s most extravagant springtime sports party, and one of her most celebrated events. While there is a horse race at the heart of this spectacle, there are many other intriguing aspects within this Louisville tradition. It is a festival and fashion show, it’s about Bourbon and Horses, Mint Juleps and Riverboats, and it’s about time you see it. It’s the chance of a lifetime / In a lifetime of chance /And it’s high time you joined in the dance.