Insurance is putting its brand on Saturday’s Kentucky Derby, with a sponsorship of 10 of the 20 jockeys in the first leg of the Triple Crown. Under the deal, engineered by The Leverage Agency, N.Y., riders will wear Progressive branding on their necks and on their jockey pants.
Who sponsored the Kentucky Derby 2022?
LOUISVILLE, Ky. (Wednesday, April 27, 2022) – Churchill Downs Racetrack today welcomes an exciting lineup of new sponsors and licensees to the 148th Kentucky Derby, taking place on Saturday, May 7, including BMW of North America, Monogram, FTD, Red Bull and AIR.
Did Progressive sponsor Rich Strike?
You might have noticed during the May 7 Kentucky Derby Presented by Woodford Reserve (G1) a sponsorship for insurance brand Progressive on 10 jockeys, including Sonny Leon, who rode longshot winner Rich Strike to victory. The deals came together about a week before the Derby.
What organization sponsored the very first Kentucky Derby?
On May 17th, 1875, the racetrack opened its gates and the Louisville Jockey Club sponsored the very first Kentucky Derby.
Who started the Kentucky Derby tradition?
Meriwether Lewis Clark Jr.
Today, some 150,000 spectators gather annually on the first Saturday in May at Churchill Downs for the Kentucky Derby, sometimes referred to as “the greatest two minutes in sports.” The Kentucky Derby was started by Meriwether Lewis Clark Jr., grandson of explorer William Clark, of Lewis and Clark Expedition fame.
Who sponsors the derby?
Cazoo
The Derby remains the world’s oldest continually run sporting event and the 2022 renewal will be the 243rd running. We’re delighted to announce an exciting partnership with Cazoo as the new headline sponsor for The Derby, featuring The Cazoo Oaks and The Cazoo Derby.
What did the 2022 Kentucky Derby winner Pay?
First Place: $1.86 million (10% or $186,000 of which goes to the jockey) Second Place: $600,000 (5% or $30,000 of which goes to the jockey) Third Place: $300,000 (5% or $15,000 of which goes to the jockey)
Who does Progressive sponsor?
Progressive’s name is used on sporting venues in North America through naming or sponsorship deals with teams including the Washington Spirit professional women’s soccer club in Boyds, Maryland, and the XFL, the winter and spring professional football league.
Who is rich strike owned by?
Owner Richard Dawson
Rich Strike’s Owner Richard Dawson on an Incredible Kentucky Derby and a Belmont Bid. Rich Strike caught the attention of trainer Eric Reed when he was entered for a $30,000 claiming price in a one-mile dirt race last Sept.
Who started the Kentucky Derby and why?
The First Derby Day
The Kentucky Derby was begun by Meriwether Lewis Clark, a prominent Louisville citizen who developed the Louisville Jockey Club. Clark began construction on the race course in 1874 on land leased from two relatives, John and Henry Churchill.
Who provided the land for Churchill Downs?
John and Henry Churchill
The track was constructed on eighty acres of land that Clark leased from his uncles, John and Henry Churchill, approximately three miles south of downtown Louisville.
Who owns Kentucky Derby?
Churchill Downs Incorporated
The racetrack is owned and operated by Churchill Downs Incorporated. With the infield open for the Kentucky Derby, the capacity of Churchill Downs is roughly 170,000.
Why is it a tradition to wear a hat to the Kentucky Derby?
It’s a tradition that dates back to when the Kentucky Derby first started in 1875, stylist and creative director of YRB magazine Darius Baptist told ABC News. “When women got dressed up, especially when they were going to church and formal events, the woman’s crowning glory was the hat,” he explained.
Was the first jockey black?
Many of the early jockeys in the Kentucky Derby’s history were black — unlike today, as Professor Pellom McDaniels of Emory University explains. MICHEL MARTIN, HOST: That bugle marks the running of the 142nd Kentucky Derby today.
Who invented horse Derby?
A derby (UK: /ˈdɑːrbi/ DAR-bee, US: /ˈdɜːrbi/ DUR-bee) 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.
Why dont Derby have a shirt sponsor?
But they also don’t want to devalue the shirt for next or future seasons, so better to go no sponsor, if so. “But the club has decided to go with a national charity to protect the value of the brand.
Who was the Bourbon sponsor for the Kentucky Derby?
Woodford Reserve®
Woodford Reserve®, the Presenting Sponsor of the Kentucky Derby®, is honoring “The Greatest Two Minutes in Sports” with the release of its 2022 commemorative Derby bottle.
How much does owner of horse at Kentucky Derby make?
$1.86 million
In 2022, the total purse is $3 million, and the 3-year-old Thoroughbred that comes in first at Churchill Downs in Louisville will earn its owner $1.86 million of that haul — and that’s just one race.
How much does jockey get paid for winning Kentucky Derby?
Payout to the winning Kentucky Derby jockey
The jockey that successfully crosses the finish line first in the Run for the Roses will obtain 10% of the winner’s purse. Thus, a $1.86 million payout to the winning horse equates to a $186,000 share for the rider.
How much does jockey get paid?
Jockeys are some of the original “gig workers” because they work as independent contractors. Rather than earn a salary, a jockey receives a “mounting fee” — often $50-$110 — for each race, riding sometimes eight races per day.
How much does a jockey make from the Kentucky Derby?
$186,000 isn’t bad for a days work. However, agent fees, valet and taxes dwindle those earnings down to about $50,000 in take-home pay.