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Early on Friday morning, Frank drove the two of us in one of the Chevy Suburbans from the National Guard facility to the backside of Churchill Downs, to see the Derby hopefuls in their morning exercise.

Hayden Ryder’s barn was still cordoned off with yellow tape but the local police no longer guarded the perimeter. The horses had gone too, quickly snaffled by other trainers eager to fill their own barns. The police did, however, guard the Derby runners, with a sheriff’s deputy standing watch outside each stall.

‘To stop them getting nobbled,’ Frank said.

I considered it was more of a token presence than true security. Any determined nobbler would have found it dead easy to get past the deputy’s laissez-faire attitude, chatting and joking with the stable staff with only half an eye at best on the actual horse. But it was good for the cameras, as TV crews from all the local stations were invited from barn to barn to observe the stars ‘at home’.

Frank and I joined the racing press on a small bleacher-seat viewing stand as the twenty Derby contenders made their way out onto the track. By this stage, with less than thirty-six hours to the race, the hard training work was done and now it was only a matter of maintaining peak condition and not overtiring the young equine athletes.

‘Come on,’ said Frank after fifteen less-than-exciting minutes of watching the horses gallop. ‘I’ve seen enough. Let’s go to Wagner’s before the rush starts.’

‘Wagner’s?’

‘Wagner’s Pharmacy.’

‘What do we need a pharmacy for?’ I asked.

‘You’ll see,’ he said with a laugh, leading me back to the Suburban.

Wagner’s Pharmacy was on South 4th Street, across from the entrance to the Churchill Downs infield. And it was not a pharmacy as I knew it.

True, it sold its own proprietary racehorse liniment in gallon containers for the treatment of bumps, bruises and strains, but it was most famously known as the place to have breakfast during Derby week.

Frank and I sat down on the only two free stools at the long counter.

‘Two orders of bacon, eggs over easy, toast and grits,’ Frank said to the waitress behind the counter. ‘Plus coffee and orange juice.’

‘Grits?’ I asked.

‘Boiled ground corn,’ Frank said. ‘I was raised on the stuff in Alabama.’

The waitress poured our juice and coffee and, shortly after, delivered two enormous plates of food — two fried eggs each, four or five rashers of crisp bacon, two rounds of toast, a mini-mountain of fried potatoes, plus a side bowl of grits — a white sloppy concoction akin to lumpy wallpaper paste, complete with a dollop of melting butter on the top.

I sampled a small amount and pulled a face.

Frank guffawed loudly. ‘I reckon it’s an acquired taste.’

I concentrated on the eggs and bacon.

‘Eat up yer grits, man. They’re good for you,’ he said, shovelling another great spoonful of the white stuff into his mouth. ‘Full of iron.’

I’d have rather chewed on a rusty nail for my iron than eat grits, but the rest of the meal was excellent and I was soon fit to burst.

‘It’s a tradition,’ Frank said, forcing in yet another mouthful. ‘It wouldn’t be the Derby without a breakfast at Wagner’s.’

Clearly everyone agreed with him and soon a line had formed out on the sidewalk as people waited their turn to get in. As it was, not a spare inch of floor space was wasted with horsemen, media and a few brave tourists crammed together at tables so close together that no one had enough elbow room to cut their bacon.

And it was noisy too, with most of the banter being about the chances of the various horses in the following day’s big race.

‘Fire Point, that big chestnut colt of George Raworth’s, will surely canter up,’ said one man on my left. ‘Destroyed the field in the Gotham Stakes at Aqueduct in March.’

‘He’s no chance,’ called the waitress as she delivered more breakfasts. ‘He’s drawn in Gate One and everyone knows that being on the rail is not good. He’ll be swamped in the early running.’

Racing really was the religion in these parts come early May.

‘Did you hear that Ryder was shot seven times,’ said someone behind me. ‘Twice in the head, poor man. Killed him instantly, apparently.’

‘He shouldn’t have tried to stick one of them Feds with a pitchfork,’ said someone else. ‘He had it coming, if you ask me.’

Nobody did, and most of the sympathy was clearly with the dead trainer. Overall, however, I was amazed that Ryder’s death hadn’t caused greater disquiet among the racing fraternity. They seemed to take it in their stride, almost as if sudden violent death was an expected part of the business. Of course, it was, but not often for the human participants.

‘I fancy Liberty Song for the Derby.’ The man on the other side of us said it to no one in particular. ‘He was truly brilliant in the Blue Grass Stakes at Keeneland last month. Won by five lengths easing up.’

‘But he had no competition,’ claimed a man sitting further beyond him. ‘I reckon it will be one of those two West Coast horses that’ll clean up this year.’

Racing chat was the same the world over as punters tried to pick a winner.

The truth was that the starters in the Kentucky Derby were all potential champions. They were the best three-year-old horses in North America, each of them having had to qualify through outstanding performances in some of thirty-five other major stakes races held at tracks all over the country. Points were awarded for the first four home in each race and the top twenty points holders were entitled to a place in the Derby starting gate.

This year there were four horses with far more points than any of the others but that was no guarantee of success. In 2009, the $1.4million prize was carried off by a gelding called Mine That Bird, which had been bought as a yearling for only $9,500. His career before the Derby had not been spectacular, finishing last in the Breeders’ Cup Juvenile, but he scraped into the Derby field with a win in the Grey Stakes at Woodbine and a fourth-place finish in the Sunland Derby in New Mexico.

No one gave the horse a chance, the press being far more interested in the trainer, Chip Woolley Jr, who had driven the horse himself the 21-hour, 1,700-mile trip from his home to Louisville in a horse trailer attached to a pickup truck, and with his broken foot in a cast to boot.

Yet, Mine That Bird, stone last and so far out of the running for the first half of the race that he didn’t even appear in the TV coverage, slipped through an opening on the rail at the top of the final stretch and romped home to win by six and three-quarter lengths, the longest margin of victory in over sixty years, and at a price of fifty-to-one. It was a lesson in not writing off any of the starters.

Frank and I finished our breakfast and gave up our seats to the next two in the ever-growing queue. He had been absolutely right about beating the rush.

‘Where to now?’ asked Frank as we climbed back into the Suburban.

‘You’re the expert,’ I said. ‘I’ve never been here before.’

He drove us round to the front entrance of Churchill Downs.

‘You’ll never find anywhere to park,’ I said. ‘It’s the Oaks today.’

The Oaks was sometimes called the Fillies’ Derby. It was raced over the exact same course and distance some twenty-four hours earlier, but was reserved for three-year-old female horses.

Frank just smiled at me. Oaks Day was second only to Derby Day itself as a crowd-puller, not least because if you wanted to buy a Derby ticket, you had to buy one for the Oaks as well. Most racegoers, therefore, made a two-day trip of it.