Alysheba Stakes Alysheba Stakes The Alysheba Stakes is an American Thoroughbred horse race run annually at Churchill Downs racetrack in Louisville, Kentucky. The Alysheba became the most recent addition to the Derby Week stakes lineup as it joined the schedule in 2004 and is currently run on the undercard of the Kentucky Oaks, the day before the Kentucky Derby. It was the first stakes to join the Derby Week lineup since 1997. The event is named for the talented 1987 Kentucky Derby winner and United States Racing Hall of Fame inductee, Alysheba, who returned to the Downs in 1988 to win the
Eureka Downs adjacent to the track to extend the track and build a 440-yard straightaway section to run American Quarter Horse races. The track also held Greyhound racing events on certain race days. The original grandstand burned in 1964 and was replaced. The Downs was funded by entry fees, concessions, stable fees, and spectator tickets, and much of the labor at the track was provided by volunteers. At the track's peak in the 1970s, purse distribution was over $150,000 for the Futurity race date. Over time, however, interest in the sport declined and the track struggled to remain profitable. In 1986, Kansas