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The Real Cost of Attending the Kentucky Derby

By Ben Steverman - 2013-05-02T19:33:55Z

Photograph by Luke Sharrett/AFP/Getty Images

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The hats at Churchill Downs can be as much of an attraction as the horses. You might arrive wearing the $325 "Rio" hat from Lady Diane Hats, which is white with black feathers, a large red flower and a wide brim. If those aren't your colors, try a $109 fascinator by Dee's, featuring a bright plume of peacock feathers. Although Derby-goers dress to the nines, expect to see fewer women in high heels this year, according to Louisville Courier-Journal's fashion editor, Christine Fellingham. In the aftermath of the Boston bombing, Churchill Downs is restricting attendees' bag sizes, meaning there won't be room to carry a backup pair of flats.