Iroquois Stakes (Churchill Downs) Iroquois Stakes (Churchill Downs) The Iroquois Stakes is an American Thoroughbred horse race which is the first graded stakes race for Thoroughbred horses on opening day at the Churchill Downs Fall Meet. This first day every fall is devoted entirely to two-year-old racing. The race is a Road to the Kentucky Derby Prep Season qualifying race. The winner receives 10 points toward qualifying for the Kentucky Derby. Prior to 2013 the race was run over at one mile on the dirt track, and open to juveniles only. The Grade III Iroquois currently offers a purse of $150,000. Since 2013, the
Churchill Downs rating system for 65 Thoroughbred racetracks in North America. Churchill Downs was ranked number 5 on this list. In 2014, prior to the start of their spring meet, Churchill Downs announced an increase in parimutuel takeout rates. As a result of the takeout increase, Churchill Downs was ranked number 22 in the 2014 Horseplayers Association of North America Track Ratings. The track is named for John and Henry Churchill, who leased of land to their nephew, Colonel Meriwether Lewis Clark Jr. (grandson of explorer William Clark). Clark was president of the Louisville Jockey Club and Driving Park Association, which formed