In horse racing, there's no bigger race than the Kentucky Derby. Texas, long derby-less, will soon have it's own showcase for Texas-bred quarter horses and thoroughbreds.
Hoping to give a boost to the state's horse-racing industry, lawmakers overwhelmingly approved the Texas Derby bill -- but passed on passing adding slot machines to horse tracks.
The derby bill establishes four races two for Texas-bred thoroughbreds and quarter horses and two for those born outside of Texas. The races will alternate between the state's Class 1 tracks, one of which is Lone Star Park at Grand Prairie. The other races will be held at Sam Houson Race Park in Houston and Retama Park near San Antonio.
The first race is expected to be held in 2015 and may have a purse of $5 million. If that financial goal is reached, it could make it a very significant race nationally, GoSanAngelo.com reports.