On a rainy May 1, 2004, Smarty Jones entered the Kentucky Derby as the morning line favorite, and became the first unbeaten winner of the race since Seattle Slew in 1977. Servis and Elliott became the first trainer/jockey combination in 25 years to win the Kentucky Derby in their debut appearance. Smarty Jones won the race by 2¾ lengths, earning $854,800 for the Chapmans along with a bonus of $5 million from Oaklawn Park for sweeping the Rebel Stakes, the Arkansas Derby, and the Kentucky Derby. He also joined Lil E. Tee (1992 Derby winner) as the only Pennsylvania-bred horses to ever win the Kentucky Derby. Smarty Jones' year, 2004, was the 100th anniversary of the Triple Crown races.