And Why Not is ridden by Peter Brette during the...

And Why Not is ridden by Peter Brette during the morning exercise session in preparation for the 138th Kentucky Oaks. (April 28, 2012) Credit: Getty Images

LOUISVILLE, Ky. -- They've been running the Kentucky Oaks at Churchill Downs since 1875, the year the Derby made its debut. Although the 3-year-old fillies' Derby usually doesn't get much attention nationally, it's been a hot ticket for many years. Since 1998, only once has the Oaks Day crowd not surpassed 100,000.

Friday's 138th Oaks has an unusually deep and talented field of 14. Three-time stakes winner Grace Hall is a deserving 5-2 morning-line favorite for trainer Tony Dutrow, and there's plenty of quality opposing her. On Fire Baby, 2-for-2 at Churchill, is the 4-1 second choice, and Bob Baffert is high on Eden's Moon, dismissed at 12-1. Eden's Moon had a foot problem before finishing third March 31 at odds-on in the Santa Anita Oaks. She's trained impressively, and if she isn't drained by a hot pace, she'll be a live long shot.

Another price play is Summer Applause (15-1). "Every one of her races she's been finishing strong,'' trainer Bret Calhoun said. "There's a lot of speed in there, and it sets up well for her. I think a mile-and-an-eighth is what she wants.''

Grace Hall and On Fire Baby probably will stalk the pace in the 11/8-mile Grade I with a $1-million purse. Eden's Moon and Todd Pletcher's 4-for-5 Broadway's Alibi are confirmed front-runners, and Yara, Karlovy Vary and Believe You Can also are quick early. Only Grace Hall has won at 9 furlongs, and post 2 should help jockey Javier Castellano get position and save ground.

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