The Indiana Derby is an American thoroughbred horse race run annually since 1995 at Hoosier Park in Anderson, Indiana. It is the racetrack's signature event offering its highest purse at $500,000. A Grade II event, the Derby is for three-year-olds of either gender set at a distance of 8 and one half furlongs on the dirt. (One and one sixteenth of a mile.)

The dead heat in the 2006 running was the first dead heat for the Indiana Derby. The result was contested by the owners of Star Dabbler who came out of the race injured. They believed he won the race so took the issue to arbitration but the result was upheld. The 2009 win by Misremembered set a new track record.

2010 marked a groundbreaking year for the Indiana Derby and general racing in the state of Indiana when Lookin At Lucky became the first winner of a Triple Crown race ever to race in the state of Indiana. Sent off at odds of 2-5, Lookin At Lucky won the race by 1 1/4 lengths in last-to-first fashion much to the delight of the on-track crowd. Bob Baffert became the first trainer to win the race two years in a row in 2009 and 2010 with Misremembered and Lookin At Lucky