The St. Louis Derby run at Fairmount Park in Collinsville, Illinois held its inaugural race on August 26, 2006. Open to three-year-old thoroughbred horses of either gender, and run at one and one sixteenth miles on the dirt, this ungraded stakes race offers a purse of $250,000, funded privately by local business men.
This race was formerly called the Fairmount Derby and as a Grade III race had a checkered career. Inaugurated in 1926, it ran until 1930 where it was discontinued but it returned in 1967. As of 2008[update] it appears to be discontinued.