The Kentucky Derby is a horse race run at a distance of 1¼ miles (10 furlongs or approximately 2,012 meters) at Churchill Downs in Louisville, Kentucky. The race typically lasts about two minutes, which has earned it the nickname "The Most Exciting Two Minutes in Sports" due to its fast pace and thrilling competition

. The race is specifically for three-year-old Thoroughbreds, and the time it takes to complete the race generally hovers around two minutes. The fastest recorded time was by Secretariat in 1973, who completed the race in 1:59.4, a track record that still stands

. In summary:

• Distance: 1¼ miles (10 furlongs, 2,012 meters)
• Typical duration: About 2 minutes
• Fastest time: 1:59.4 by Secretariat (1973)

This duration refers to the actual race time, not including the full day's events or coverage