The 1914 Kentucky Derby was the 40th running of the Kentucky Derby. The race took place on May 9, 1914. Betting favorite Old Rosebud led the entire race, winning by eight lengths. The winning time of 2.03.40 set a new Derby record, which smashed the previous year's record set by longshot Donerail. Churchill Downs president Matt Winn channeled Old Rosebud's record setting run into considerable publicity for the Derby.