The Kentucky Derby, complete with oversized hats and mint juleps, takes place on Saturday, May 3 at the Churchill Downs in Louisville, Ky.

140th Kentucky Derby

The favored horse to win the Triple Crown race is currently California Chrome, which is a 5-2 choice. Jockey Victor Espinozo will ride the favorite horse, which has won his last four races. If California Chrome wins, it will be the fourth California-bred horse to win the Kentucky Derby.

Wicked Strong is the second pick at 6-1; Danza and Intense Holiday are tied in the third pick spot at 8-1; Tapiture is 12-1 pick; Candy Boy is at 15-1.

On Thursday Bob Baffert’s Hoppertunity, which was to be ridden by jockey Mike Smith, was a 6-1 second-place pick prior to Thursday when it was discovered that the horse had a tenderness in his left front foot. To complete the standard 20-horse field, Pablo Del Monte (50-1 pick) could step in to the race.

The 140th Kentucky Derby will kick off at 6:24 p.m. EST and will air on NBC. Prior to the start of the race, cameras will be on the grounds to capture the famous faces who'll turn out in their lavish attire to attend the annual sporting event. Former Olympic ice skaters Johnny Weir and Tara Lipinski will be covering Kentucky Derby fashions for NBC.