The Virginia Derby, Colonial Downs' first horse race as a qualifier for the Kentucky Derby, is on Saturday. Why it matters: The event promises to offer locals an annual slice of the legendary Kentucky Derby,

For the first time in its history, the Virginia Derby at Colonial Downs was completely sold out, drawing in fans from across the state for a day of racing, betting and excitement.

The Virginia Derby returned today with a sold-out crowd and a full schedule of races. Thousands packed Colonial Downs to cheer on horses and see which ones would qualify for the Kentucky Derby. “It’s my first time at the Virginia Derby,