Stepping Stone Purse Stepping Stone Purse The Stepping Stone Purse was an American Thoroughbred horse race held annually in the latter part of April at Churchill Downs in Louisville, Kentucky. Open to three-year-old horses, it was, along with the Derby Trial Stakes, one of two final prep races hosted by Churchill Downs running up to the Kentucky Derby. In 1959, Sword Dancer won the Stepping Stone Purse, then ran second in the Kentucky Derby before winning the Belmont Stakes. The following year, Bally Ache won this race then ran second in the Derby but won the Preakness Stakes. In 1969, future U.S. Racing
Churchill Downs in 1875. His father-in-law, Richard Ten Broeck, was an accomplished horse breeder and trainer, and introduced Clark to horse racing, attending the English Derby at Epsom Downs outside London. Churchill Downs filled a void in Louisville left by the closing of Oakland and Woodlawn, two earlier race courses. The then-rural location was along Louisville and Nashville Railroad tracks, allowing for easy transport of horses. Clark, who preferred longer races to the relatively short ones that had become popular by the 1890s, was running short of funds, and in 1894 sold the track to a syndicate led by William E. Applegate.