Derby (horse race) four-year-old Thoroughbreds, and the Canadian Pacing Derby, an annual harness race for "aged pacers" (Standardbreds) four years old and up. In Scandinavian harness racing Derby is restricted to four-year-olds. Exception is the Finnhorse Derby, which is restricted to five-year-olds. Derby (horse race) A derby ( , ) is a type of horse race named after the Derby Stakes run at Epsom Downs Racecourse in England. That was in turn named after Edward Smith-Stanley, 12th Earl of Derby, who inaugurated the race in 1780. Perhaps the best-known example after the original is the Kentucky Derby in the United States. Traditionally, the
Churchill Downs Incorporated Lebanon Raceway in Lebanon, Ohio for $60 million. Ohio had recently authorized slot machines at racetracks, which the companies took advantage of by transferring the racing license to a new $215-million facility built between Cincinnati and Dayton. The new racino, Miami Valley Gaming, opened in December 2013. In July 2013, Churchill Downs bought the Oxford Casino in Oxford, Maine for $160 million. In May 2014, CDI and Saratoga Casino Holdings announced a partnership to bid for the Capital Region's casino license, proposing a $300-million destination resort casino in East Greenbush, New York. In October 2014, Churchill agreed to purchase a