1996 Kentucky Derby
| Kentucky Derby | |
| Location | Churchill Downs |
|---|---|
| Date | May 4, 1996 |
| Winning horse | Grindstone |
| Jockey | Jerry Bailey |
| Trainer | D. Wayne Lukas |
| Owner | Overbrook Farm |
| Conditions | Fast |
| Surface | Dirt |
| Attendance | 142,668 |
The 1996 Kentucky Derby was the 122nd running of the Kentucky Derby. The race took place on May 4, 1996. There were 142,668 in attendance. The loss by 7-2 favorite Unbridled's Song marked the 17th year in a row that the betting favorite failed to win the race. The winning horse Grindstone was sired by another Kentucky Derby winner, Unbridled.