1949 Kentucky Derby
| Kentucky Derby | |
| Grade I stakes race | |
| Location | Churchill Downs |
|---|---|
| Date | May 7, 1949 |
| Distance | 1 1/4 miles (10 furlongs) |
| Winning horse | Ponder |
| Winning time | 2:04 1/5 |
| Jockey | Steve Brooks |
| Trainer | Ben A. Jones |
| Owner | Calumet Farm |
| Surface | Dirt |
The 1949 Kentucky Derby was the 75th running of the Kentucky Derby. The race took place on May 7, 1949, on a track rated fast.