Sovereignty won the 151st running of the Kentucky Derby on Saturday at Churchill Downs. He had 9-1 odds entering the race.

Hunter S. Thompson’s 1970 article “The Kentucky Derby Is Decadent and Depraved” was a salient metaphor for Nixon’s America — but is just as relevant in the age of Trump.

The 151st Kentucky Derby took place Saturday afternoon, bringing high-stakes races and, of course, a host of fabulous outfits and mint juleps galore. All eyes were peeled for the Run for the Roses, in ...