Victoria Derby
| Phar Lap 1929 winner – Jim Pike | |
| Class | Group 1 | 
|---|---|
| Location | Flemington Racecourse Melbourne, Australia | 
| Inaugurated | 1855 | 
| Race type | Thoroughbred - Flat racing | 
| Sponsor | Penfolds (2021) | 
| Website | Victoria Racing Club | 
| Race information | |
| Distance | 2,500 metres | 
| Surface | Turf | 
| Track | Left-handed | 
| Qualification | Three-year-olds | 
| Weight | Set weights Colts & geldings: 551⁄2kg Fillies: 531⁄2kg | 
| Purse | A$2,000,000 (2022) | 
The Victoria Derby, also known as the Penfolds Victoria Derby, is a Victoria Racing Club Group 1 Thoroughbred horse race for three-year-olds held under Set Weights conditions over a distance of 2,500 metres at Flemington Racecourse, in Melbourne, Australia scheduled annually on the first day of the Melbourne Cup Carnival. Total prize money for the race is A$2,000,000.