The Turf has no other odyssey quite like the one that ends at Churchill Downs. Where the Epsom original becomes ever less diverse, thanks to an inundation of two-bit speed in the European gene pool, the Kentucky Derby remains a faithful index of the grandeur and variegation of America's cultural self-image. From coast to coast, the thousands of potential winners who grazed their first spring pasture three years ago are now being winnowed down, trial by trial, to the 20 who finally share that momentous walk from the backside on...