1954 Kentucky Derby horse race at Churchill Downs Racetrack in Louisville, KY

The transcript describes the 80th Kentucky Derby, highlighting the historical context of gray horses never winning the race. It focuses on the race where Determined, a gray horse, makes history by winning the Derby, driven by jockey Ray Yaw. This victory is significant as it marks the first time a gray horse has won the Derby, earning a prize of $102,000.

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