 The first presentation of the gold Kentucky Derby Trophy is when it is officially presented to Churchill Downs race course on the last Saturday of April escorted by the Kentucky Army National Guard soldiers in between races on the undercard of the Derby Trial Stakes on opening day of the spring meet each year.The second presentation is the one that is most familiar to the public on the first Saturday of May.It is when the Governor of the Commonwealth of Kentucky and the Chairman of Churchill Downs Incorporated awards the trophies to the winning connections about ten minutes after the race is declared official on NBC network TV.