05/07/2012 5:13PM

Photos: Kentucky Derby 2012, start to finish

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Photos from the 138th running of the Kentucky Derby on Saturday, May 5, show how the race unfolded.

Union Rags gets pinched between Dullahan and the No. 3 horse, Take Charge Indy, at the start of the 138th Kentucky Derby and was never able to recover. [Photo: Jenny Burgos]

Bodemeister (6) holds the lead over Trinniberg (9) as the field passes the grandstand for the first time. Hansen (14) and Gemologist (15) keep pace with the leaders. [Jenny Burgos]

After breaking from the No. 19 post, I'll Have Another (far left in the photo above) had a clear lane to fall in behind the leaders. [Barbara D. Livingston]

Bodemeister held his early lead on Trinniberg while Dullahan kept pace in the middle of the field, but Union Rags fell to the rear in the pack. [Jenny Burgos]

Coming around the final turn, Dullahan and I'll Have Another begin making their moves to catch leader Bodemeister. [Jenny Burgos]

In the final stretch, I'll Have Another is able to overtake Bodemeister to claim a 1 1/2-length victory in the Kentucky Derby. [Photos: Barbara D. Livingston]

MORE: View Kentucky Derby Day slideshow »