 The first leg is the Mike Lee Stakes run at Belmont Park, and the third leg is the Albany Stakes at Saratoga Race Course.The New York Derby is held at the Finger Lakes Racetrack in Farmington, New York and is restricted to three-year-olds of either gender bred in New York state.It is run at a mile and one/sixteenth on the dirt (8.5 furlongs) and currently offers a purse of $150,000.