Louisiana Derby boosts purse to $1 million

Louisiana Derby boosts purse to $1 million

Published Aug. 10, 2010 4:21 p.m. ET

The Louisiana Derby is now a $1 million prep race for the Kentucky Derby.

The Fair Grounds made the announcement Tuesday, boosting the purse by $250,000 from last year and making the race the richest ever to be run in New Orleans.

The 1 1/8-mile race for 3-year-olds is scheduled for March 26, 2011.

Fair Grounds general manager Eric Halstrom said that the track's goal is to make the Grade 2 Louisiana Derby the top Derby prep race.

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The only other $1 million Derby prep is the Arkansas Derby at Oaklawn Park.

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