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The annual Kentucky Derby at Churchill Downs in Louisville — billed as “the most exciting two minutes in sports” — is a massive, drunken adult prom with 19th-century aristocratic colonial pretensions, but also a very advanced, looped-out fashion event that has been flowering in on itself in an exclusive, unchecked, self-referential way for generations.
Cintra Wilson on the Kentucky Derby’s other race, in “Over the top: Huge, lavish lids offer another sort of contest at Kentucky Derby.”

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