Spectators walk to the grandstand for the first race of the day before the 138th Kentucky Derby horse race at Churchill Downs, Saturday, May 5, 2012, in Louisville, Ky. The Run for the Roses draws them to Churchill Downs. But what race goers wear is as much a spectacle in itself. (AP Photo/Matt Slocum)
2012 Kentucky Derby
Photo highlights from the 138th Kentucky Derby horse race on Saturday, May 5.